The average yield on Nigerian Treasury bills slumped to 13.6% after the Central Bank’s midweek primary market auction (PMA). 

Nigeria’s foreign exchange reserve bumped after gaining traction for four weeks amidst pressures in the global crude oil market. Having stagnated for a long, the gross external reserve has been ascending lately due to improved crude oil production volume and above 2023 budget benchmark market price.

Ahead of the consumer price index data release, Afrinvest Limited has projected that Nigeria’s headline inflation rate would accelerate by 102 basis points to 27.9%.

African Development Bank (AfDB) has finalised arrangements to disburse 618 million dollars to Nigeria under the Investment in Digital and Creative Enterprise

Amidst macroeconomic inconveniences, Nigeria’s sovereign bond benchmark yield shot up by 27 basis points as foreign investors in the international market adjusted their appetite as Africa’s largest economy struggles to rise.

Jean-Louis Ekra, Deputy Chairperson, Intra-African Trade Fair (IATF2023) Advisory Council, says the African Continental Free Trade Area (AfCFTA) can break Africa’s colonial legacy of exporting raw materials and importing finished goods.

Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote has …

Cadbury Nigeria Shrinks Amid 81% Drop in Equity Capital Cadbury Nigeria Plc got a valuation haircut after it lost about…

Following a rather too poor earnings performance in the third quarter, Caverton Offshore Support Group Plc’s share price

GlaxoSmithKline (GSK) Plc’s share price became more expensive ahead of a court-ordered shareholders meeting.