-
Brands
Banks Recapitalization Watch for the week ended July 19, 2024
This week, the NGX-Banking Index declined by 0.05% week on week (W-o-W) to close at 843.99. Among the Tier 1…
Read More » -
Finance & Economy
Investors Lost N46.70bn as NGXASI Declined by 0.08%; BDC Rate Depreciated to N1,590/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market ended the day negative, reversing the gains seen on…
Read More » -
Finance & Economy
Forex inflow via IMTOs hits $1.07bn in three months – CBN
Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of…
Read More » -
News
OPEC Lists Dangote Refinery Among Top Diesel, Jet Fuel Suppliers That Will Disrupt Europe’s Oil $ Gas Industry
The Organization of Petroleum Exporting Countries said supplies from Nigerian-based Dangote Refinery and Petrochemicals will put pressure on the performance…
Read More » -
News
Senate passes N70,000 Minimum Wage Bill
South East Development Commision ***Reduces the time for Periodic Review of Minimum Wage from 5 to 3 years THE Senate…
Read More » -
Finance & Economy
Naira Can Appreciate Below N1,200/$ If CBN Implements Right Policies – Rewane
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, says the appreciation of the naira against the dollar in…
Read More » -
Oil & Gas
Oil Prices Under Pressure Despite Bullish Catalysts – OIR 220724
Oil prices have declined this week despite rising geopolitical risks, with markets focusing primarily on Joe Biden’s decision to withdraw…
Read More » -
Finance & Economy
CBN Communiqué No. 153 of the MPC Meeting – July 22 – 23, 2024
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 296th meeting on July 22nd and…
Read More » -
Finance & Economy
Manufacturing companies in Nigeria lost N1.7trn in one year – FIRS chairman
The FIRS chairman said the losses and exits of the foreign companies have made the country lose hugely in terms…
Read More » -
Finance & Economy
CBN raises interest rate by 150 basis points to 26.25%
As Dangote, criticizes latest increment of interest rate t The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has…
Read More »