Finance & Economy
-
Gabon’s Dollar-Denominated Bond Takes a Tumble Following Military Takeover
Gabon’s military coup sparked aggressive selloffs in its dollar-denominated bonds on Wednesday. The bond maturing in 2025 had the biggest…
Read More » -
SEC seals Stockmatch offices over illegal investment activities
The Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for…
Read More » -
Stanbic Declares N67.92bn PAT in Q2 2023 Results; Proposes 150k Interim Dividend,
Stanbic IBTC Holdings is staying on the recovery and growth track for the second year. Stanbic Declares N67.92bn PAT in…
Read More » -
Nigerian Equities Beat 15-Year Record To Hit All-Time High At 66,490
The Nigerian capital market received a wave of euphoria at the close of Tuesday’s trading, with the All-Share Index (ASI)…
Read More » -
No more borrowing to finance Nigerian economy – Minister of Finance, Wale Edun
The Minister said Federal Government has no intention to borrow from any local or foreign organisation with its removal of…
Read More » -
Finance Act 2023 to Take Effect from September 1 2023
The Finance Act 2023, which amended certain provisions in the tax laws, was enacted on 28th May 2023 with an…
Read More » -
Nigeria’s Foreign Reserve Crisis: A Second Take on JP Morgan’s Outlook
Is a half-filled glass of water half full or half empty? It depends. Perspective is a powerful tool for decision-making…
Read More » -
House of Reps committee investigating spending of N1.017t SWF sits behind closed door
The House of Representatives Ad hoc Committee investigating the utilisation of N1.017 trillion accrued into the Sovereign Wealth Fund on…
Read More » -
Nigeria’s GDP growth slows to 2.51% in Q2 2023
Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is…
Read More » -
CBN to JP Morgan: Your $3.7 billion estimate of Nigeria’s FX reserve is misleading
The Central Bank of Nigeria (CBN) has criticized JP Morgan’s recent estimate of Nigeria’s foreign exchange reserves, calling it a…
Read More »