Finance & Economy
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Marketers Responsible For Petrol Price Hike, Not FG – Sylva
The federal government has said that any increase in the price of petrol has been at the instance of petroleum…
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OPEC’s New Head Assumes Office, Engages Nigerian Media on Stabilising Oil Market
The new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Kuwaiti’s Haitham Al Ghais, yesterday engaged the Nigerian…
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FCMB’s Half Year Profitability Momentum Raises Bigger Hope for 2022
The financial year 2022, indeed, is heavily loaded with promises of better value for the entire stakeholders of First City…
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Investors Lose N281.18bn as NGXASI Dips by 1.04%
Nigerian Equities Market maintained negative posture as sell pressure continues while the key market indicator closes below 50,000 psychological lines.…
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Naira in Free falls to N700/$1 at black market
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market…
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How Excessive Money Supply Drags the largest naira depreciation
CBN's policy of low interest rates accompanied by intervention funds may have triggered massive naira depreciation
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FG: 23 States, FCT Received N24.45bn from Conditional Grant Schemes in Seven Years
The Federal Capital Territory (FCT) and 23 states in the country have received N24,450,000,000 from the Conditional Grant Schemes as…
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Investors Lose N516.69bn as NGXASI Dips by 1.86%
Nigerian Equities Market closed on a negative note as the bears continue to dominate trading activities amid intense sell pressure.…
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Zenith Bank Retains Position as Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000…
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CBN MPR Hike; Of Big Issues and Bigger Headaches
With uncertainty and anxiety ruling global money markets, given the backdrop of historical inflation rate increases and tight monetary policy…
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