Finance & Economy
-
Dangote’s 650,000bpd Refinery 97% Completed, says NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope…
Read More » -
Investors Lose N858.30bn as NGXASI Dips by 3.23%; Overnight Rate Closes Flat at 16.75%; BDC Rate Depreciates to N735
1. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market maintained negative posture as the key market indicator dipped further by 1575.81bps…
Read More » -
Investing Successfully in Nigeria’s Capital markets
Investors are paid – or make money – in proportion to the level of risk they take. As such, successful…
Read More » -
Fitch Upgrades FBN Holdings Plc to ‘B’; Outlook Stable
Fitch Ratings has upgraded FBN Holdings Plc’s (FBNH) and First Bank of Nigeria Ltd’s (FBN) Long-Term Issuer Default Ratings (IDRs)…
Read More » -
President Buhari to Present Budget 2023 on Friday October 7th 2022
In what will be his final budget presentation to the National Assembly, President Muhammadu Buhari has picked Friday, October 7th,…
Read More » -
DANGOTE BOOSTS ABUJA TRADE FAIR
The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the…
Read More » -
Bond Market Braces Up for MPC’s Likely Rate Rise
Waiting for the Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee’s decision on the indicative monetary policy rate, the bond…
Read More » -
Equity Market Turned Bullish Despite Anticipation of an MPC Policy Rate Hike
Nigeria’s Equity market started the week bullish. The NGX All-share index increased by 0.33% to close at 49,189.32 basis points…
Read More » -
FAAC Disburses N673.137bn for August, as ECA Stagnates at $470,600
The FAAC Allocation for August came in at N673.137bn, down from the N954.08bn disbursed in July; this corresponds to a…
Read More » -
September 2022 MPC Meeting: No Pause Expected in the MPC’s Tightening Stance
The monetary policy committee (MPC) will be concluding its two-day monetary policy meeting today. At its last meeting in July,…
Read More »