PFAs Increase Position in FGN Bonds as Pension Asset Spikes

Financial Market October 31, 2022

Pension Fund Administrators (PFAs) were top active investors in the Federal Government of Nigeria…

Yield Hits 14.3% as Market Repriced Bonds

Markets October 31, 2022

The average yield on Federal Government of Nigeria, FGN, bond instruments jerked up to 14.3%

Naira Worsens Across FX Markets as CBN Battles Cynics

Uncategorized October 30, 2022

Amidst a plan to redesign the local currency, the Nigerian naira closed at N444.75 at the investors’ and exporters’

NASD Securities Exchange Falls to N950.66bn

News October 30, 2022

It was a tough trading outing at the NASD over-the-counter (OTC) securities exchange market…

Stock Market Bleeds as Dangote, Airtel Africa Shares Fall

Stock Market October 30, 2022

There was a bloodbath in the Nigerian Exchange as the local bourse ended in the red.

Nigerian Currency Redesign Follows Due Process, Official Says

News October 30, 2022

UPDATE: The Central Bank of Nigeria (CBN) said it followed due process in its decision to redesign some naira…

Unity Bank Posts N2.2bn Profit as Gross Earnings Spikes by 17%

Uncategorized October 28, 2022

Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September

Nigeria’s Current Account Estimated to Deteriorate

News October 28, 2022

Signifying the difference between export and import earnings, Nigeria’s current account…

UBA Bolsters Earnings, Profit Spikes 12.3%

Companies October 28, 2022

In the third quarter earnings release for the financial year 2022, the United Bank for Africa

Currency Depreciations Risk Escalating Global Food, Energy Crisis

Uncategorized October 28, 2022

UPDATE: The shrinking value of the currencies of most developing economies is driving up food and fuel

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