Browsing: Nigeria

Moody’s Ratings has indicated possibility of upgrading Ghana’s credit rating after the country Eurobonds

The latest Bitcoin’s huge price decline has dragged the market cap of all cryptocurrency down to $2.12

Oil market rallied for four consecutive weeks, that pushed energy costs higher across the world amidst geopolitical

The average yield on Federal Government of Nigeria (FGN) bond climbed marginally due to mild

The average yield on Nigerian Treasury bills increased in the secondary market as local deposit

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has been honoured with the

International payments for transactions related to letter of credit issued to foreign businesses by deposit money banks (DMBs) on behalf of their customers sank by 46.10% year on year to about $806 million in May 2024, data from the apex bank revealed. 

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange (forex) issue and its huge pressure on the local Naira currency, while also catalysing the country’s economic development.

Mr Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC), has appealed to President Bola Tinubu to urgently address the issue of high cost of food items in the country.

Mr Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria (CBN), on Friday explained how