Naira Slides to N446 on Expected Imports Jump

Uncategorized November 2, 2022

The Nigerian local currency, the naira, slides to N446 against the United States amidst an expectation that imports …

GCR Ratings Revises Jaiz Bank Outlook to Positive

Companies November 2, 2022

GCR Ratings has affirmed Jaiz Bank Plc.’s national scale long and short-term issuer ratings of BBB-(NG)…

Bonds Yield Rises to 14.5%, Treasury Bills Pops

Financial Market November 2, 2022

Bonds Yield Rises to 14.5%, Treasury Bills Pops The fixed income market yield curve swings again as gilt-edge investors sold…

Dangote Cement Market Value Declines N1.35trn

Analysis November 2, 2022

In the stock market, Dangote Cement Plc is now worth N3.757 trillion at a 52-week low price of N220.50 ge.

Stock Market Sheds N50.8bn after October Downturn

News November 1, 2022

The Nigerian stock market opens the new month with about N50 billion decline in the market value

Amazon Opens Office in Nigeria

News November 1, 2022

An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos…

Ecobank Redeems $400m Debt

Companies November 1, 2022

Ecobank Transnational Incorporated (ETI) has announced the repayment of its 5-year US$400 million…

OPEC Forecasts 10% Jump in Global Oil Demand

Uncategorized November 1, 2022

Global oil demand will increase by over 10% by 2027 and more than 13% by 2045 compared to 2021,

UK Announces £50mn Energy Support Fund for Winter

Foreign November 1, 2022

National Grid, British multinational electricity and gas utility company, launched a £50 million support fund

Nigeria’s Private Sector Improves in October – PMI

Uncategorized November 1, 2022

In Nigeria, private sector activities have been noted to improve in October 2022 despite uncertainties

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