Finance & Economy
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Naira drop makes it the worst-performing currency in first half says Bloomberg
Nigeria’s naira weakened for a ninth straight day against the dollar, making it the worst-performing currency in the first half…
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Investors Gained N6.19bn as NGXASI Advanced by 0.01%; BDC Rate Depreciated to N1,498/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities Following Wednesday’s gain, the Nigerian equities market recorded modest gains today, driven by lingering investors’…
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Stocks inch up, bond yields dip; inflation data ahead
US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday –…
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Revenue Commission seeks financial autonomy
Members of the Revenue Mobilisation Allocation and Fiscal Commission, (RMAFC) have called on stakeholders to support the organisation’s quest for financial…
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Rising Domestic Debt Service Stirs Stakeholder Concern
The Federal Government of Nigeria’s (FGN) public debt profile has continued to shoot upward as its domestic debt service increased…
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US banks suffer steeper losses, but retain large cushions in annual Fed health check
– The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual…
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FG yet to explore its full opportunities for capital formation.
As Nigeria marks 25 years of unbroken democratic rule, financial market professionals assess the local capital market and growth opportunities.…
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Nigeria’s Debt Service Gulped $854m in May, Highest in Four-years
Data obtained from the Central Bank of Nigeria (CBN), has reveals that Nigeria’s external debt service payments in May 2024…
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Investors Gained N323.98bn as NGXASI Advanced by 0.58%; BDC Rate Appreciated to N1,477/USD
1. EQUITIES MARKET The domestic bourse extended Friday’s gain to start the week on a positive note due to appreciation…
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NDIC to pay heritage bank depositors up to N5m
The corporation assured depositors that they will be paid up to N5 million using their Bank Verification Number (BVN) to…
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