- Investors Lose N983bn in Nigerian Stock Market
- BTC, ETH, XRP Rise as Crypto Market Stages Recovery
- Oil Prices Decline as Strait of Hormuz Route Gets Busy
- Stronger US Dollar Keeps South African Rand on Edge
- Tech Stocks Rotation Shakes Global Markets as Apple Hikes Prices
- Nigerian Treasury Bills Yield Jumps 27bps on Sell Pressure
- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
This is not another motivational talk. It is the reality of the day and we are already caught in the social web.
Executive chat: coronavirus has marked down my business – MD Obviously, there will be corporate casualties in various sectors following…
Nigeria to Record its Largest Economic Decline in Q2– FSDH
Capital importation: $5.8 billion flows into Nigeria’s economy in first quarter. Nigeria benefited from foreign investment flow amounted to $5.8 billion in the first quarter of 2020 amidst global disruptions.
Ahead of the rescheduled Monetary Policy Committee meeting of the Central Bank of Nigeria, Meristem Securities, Vetiva and others have predicted that the policy rates would be maintained.
Average prices of foods, transportation and health care among other needs have been projected to increase for month. Investment bankers have estimated uptick in headline inflation rate for the month of May, projected to spike to 12.43%.
CBN FX Adjustment Put Banks Minimum Capital Base below $70 Million. The Central Bank of Nigeria recent foreign exchange (FX) adjustment has rub off on capital position of banks, as a result experts are expecting capital raise for operators.
Nigeria’s economy expands 1.87% despite global disruptions. The National Bureau of Statistics (NBS) says the country’s Gross Domestic Product (GDP) grew by 1.87 percent year-on-year in real terms in the first quarter of 2020.
Nigerian Stock Market is Going Vertical, Impressively The Nigerians Stock Exchange is going vertical, and that will be sustained given…
Nigeria’s Oil Supply Quota Caps at 1.41 Million Barrels Per Day. As per efforts to reflate, stabilise global prices of oil, Nigeria is expected to slash daily oil supply to 1.41 million barrels per day (MMbpd) base on quota from the Organisation for Petroleum Exporting Countries.
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