Finance & Economy
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The State of Nigeria’s Economy…Not too Late to Turn the Curve
Whilst the world continues to recover from the COVID-19 pandemic, new shocks, such as the Russia-Ukraine conflict, and heightened inflationary…
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NT-Bills Update: Average Yield Decline Marginally by 7bps WoW to 7.57%
Last week, the Nigerian Treasury Bills (“NT-Bills”) secondary market witnessed a bullish sentiment as investors anticipated Primary Market Auction (“PMA”)…
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United Capital CEO Peter Ashade, Advocates Digital Technology to Improve Savings and Investments in Nigeria
Nigeria needs to leverage digital technology to grow savings and investments in the country. The Group Chief Executive Officer of…
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What to Expect from the Markets this Week
Nigeria Economy Analysts worry as Inflation Spikes To 17-Year High. Nigeria’s inflation rate surged to 20.52% Y-o-Y in August tallying…
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We Are Well-Positioned to Meet Africa’s Banking Needs – UBA CEO
The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent…
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Nigeria signs €23m agreement with France to boost electricity supply
The federal government has signed a grant agreement of €25 million with the French Development Agency (AFD) for the Northern…
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Headline Inflation Increases by 20.52% YoY in August 2022 as Food Inflation Rises by 23.12%
All Items Index In August 2022, on a year –on- year basis, the headline inflation rate was 20.52%. This was…
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Investors Lose N27.93bn as NGXASI Dips by 0.10%; Overnight Rate Contracts by 0.50% to Close at 7.50%; BDC Rate Depreciates to N710
1. EQUITIES MARKET Source Proshare Niigeria Nigerian Equities Market closed in the negative territory as the key market indicator dipped…
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UBA Records Strong Double Digit Growth In Top and Bottom Lines, Declares N0.20k Interim Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended…
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Emefiele Flags-off Second Phase of eNaira Project
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says the second phase of the eNaira project has begun…
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