Exchange Rate: CBN Expects Pressure on Naira to Subside in Q3-2023

News July 25, 2022

The Central Bank of Nigeria (CBN) expects the renewed pressure in the foreign exchange market…

Nigeria’s Oil Licence Bribery Allegation: Shell Speaks on Dismissal of Investigation

Companies July 25, 2022

Shell Plc. made the following statement after the Dutch Public Prosecutor’s office …

Nigerian Banks Battle Liquidity Shortfall, Borrow from CBN Facility

News July 25, 2022

While striving to keep their cash balance demands strong, some Nigerian deposit money banks

Power Plants Sale: Reps Summon Finance Minister, Bureau of Public Enterprise

News July 24, 2022

The House of Representatives has summoned the Ministers of Finance, budget and National Planning

NASD Tumbles over Selloffs in Unlisted Companies Shares

Uncategorized July 24, 2022

NASD over–the–counter (OTC) market sinks again as investors retreat from taking positions

NGX Slowdown as Investors Lost N127bn

Stock Market July 23, 2022

The Nigerian stock market lost about N127 billion in the last five trading sessions due to lower buying interest…

Naira Trades Mixed Across FX Markets as Reserve Nears $40bn

FX Market July 23, 2022

The Nigerian local currency, the naira, trades strong at the official foreign exchange (FX) window

EU to Purchase Gas from Nigeria to Replace Russia

News July 23, 2022

The European Union (EU) Delegation to Nigeria and the Economic Communities of West African States…

Nigeria’s Revenue Falls below N1.94trn Debt Costs in Jan-April

Economy July 22, 2022

In the first four months in the fiscal year 2022, Nigeria’s retail revenue totalled N1.63 trillion

Equities Investors Lose N77bn as Nigerian Bourse Tumbles

Uncategorized July 22, 2022

The Nigerian stock market ends the last trading day in the week lower as equities investors lose about N77 billion

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