Finance & Economy
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Stallion Nigeria refutes claim of alleged debt to GTB, says matter pending in court
Stallion Nigeria has refuted reports that it is indebted to Guaranty Trust Bank (GTB) to the tune of N13 billion.…
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S&P Revises Nigeria’s Outlook to Negative from Stable on Weakening Fiscal and External Metrics’ ; ‘B-/B’ Ratings Affirmed
Overview Low (albeit recently rising) crude oil production, large refined-petroleum subsidy costs, high debt service expenditure, and associated sizable fiscal…
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CBN Directs DMBs to Pay Redesigned Naira Notes Over the Counter; Police and Other Agencies to Prosecute Sellers, Abusers of Naira
…Assures That Queues At ATMs Will Disappear Soon …Directs OTC payment of Redesigned Banknotes by DMBs The Central Bank of…
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FIRS Revenue at N10trn in 2022 Dipped by 24% In Dollar Translation
Nigeria’s Federal Inland Revenue Service (FIRS) stated that it collected N10.1trn in tax revenues in 2022, the highest tax collected…
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Nigeria disagrees with ‘surprise’ Moody’s downgrade
Nigeria’s finance minister, Zainab Ahmed, said on Thursday that she disagreed with what she called a “surprise” downgrade of the…
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Looser Financial Conditions Pose Conundrum for Central Banks
Despite sharp monetary policy tightening, financial conditions have eased around much of the globe, posing a challenge for central…
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Nigeria, 6 other countries to benefit from AfDB’s $1 million technical grant for sustainable transport
Nigeria, Kenya, Morocco, Rwanda, Senegal, Sierra Leone and South Africa will benefit from a $1 million technical assistance grant from…
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Investors Gain N277.31bn as NGXASI Inches up by 0.95%; Overnight Rate Closes Flat at 11.00%; BDC Rate Appreciates to N754
1. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed positive as the key market indicator inched up by 499.95 bps amid…
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N5.5 billion Debt: Supreme Court Affirms Honeywell’s Indebtedness to Ecobank
Ecobank scored a major victory at the Supreme Court on Friday as it won in a N5.5 billion debt dispute…
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Many Faces of Nigeria in 2023: Understanding the Economics of Change
Outlooks are like weather forecasts; they can be instructive but not conclusive. A weatherman or woman could advise that citizens…
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