Emirates Reduces Lagos Flight over Inability to Repatriate $85m

Aviation August 1, 2022

Amidst capital control measures implemented to safeguard the naira, the United Arab Emirates

Selloffs in BUA Cement, IntBrew Drive Intraday Loss on Nigerian Bourse

Stock Market August 1, 2022

After stock market return fell below the inflation rate last week, the Nigerian bourse may close…

Nigeria’s Private Sector Activities Improve on Strong Demand – PMI

News August 1, 2022

Nigeria’s Private Sector Activities Improve on Strong Demand – PMI Nigeria’s private sector activities see an improvement in the month…

IMF Determines New Amounts for SDR Valuation

News July 31, 2022

The International Monetary Fund (IMF) announced the new amounts for the five currencies…

Bonds, Treasury Bills Yields Rise after CBN Spot Repricing

Financial Market July 31, 2022

Buckets of selloffs on Federal Government of Nigeria (FGN) Bonds and Treasury bills lifted average yields…

South Africa to Nationalise Private Owned Central Bank

News July 31, 2022

After a long decade’s debates, discomfort and what key stakeholders consider as an anomaly

Stock Market Return Falls below Inflation as Investors Lost N868bn

Stock Market July 31, 2022

Stockholders’ fortune declined strongly due to heavy selling rallies in the equities segment of the Nigerian Exchange

Naira Sold for N429 as CBN Draws Down FX Reserves

Uncategorized July 31, 2022

The Nigerian local currency, the naira, was sold for N429 per the United States (US) dollar…

NASD Inches to N1.03trn on Positive Price Movements

Stock Market July 31, 2022

The NASD over-the-counter (OTC) inched higher to N1.03 trillion at the end of the trading session last week…

FBN Holdings Profit Skyrockets by 48% in H1-2022

Companies July 30, 2022

FBN Holdings Plc sees a meteoric profit jump in the first half of the financial year 2022

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