News
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Heated Controversy Over CBN/ Supreme Court’s Naira Swap Tussle
The Supreme court earlier this week adjourned the case on the currency swap policy of the Central Bank of Nigeria…
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Headline Inflation Increases by 21.82% YoY in January 2023 as Food Inflation Rises by 24.32%
All Items Index In January 2023, the headline inflation rate rose to 21.82% compared to December 2022 headline inflation rate…
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Oil Prices Won’t Hit $100 Until December —-Goldman Sachs
Goldman Sachs still expects Brent Crude prices to hit $100 per barrel this year, but only in December, compared to…
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Investors Gain N71.7bn as NGXASI Advances Further by 0.24%
1. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed positive as the key market indicator advanced by 131.64 bps…
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Nigeria Hits a Brick Wall – LBS Executive
Constructive Chaos or Creative Tension The FGN, with the best intentions, decided to redesign the naira at the most inauspicious…
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Nigeria’s Economic Challenges Highlight Importance of Post-Election Policies
Nigeria faces major economic challenges ahead of elections due on 25 February and policy choices by the incoming administration could…
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FG Project Debt servicing to Revenue to drop to 82% in 2023.
The Federal Government has projected to spend 82% of its revenue on interest payments in 2023. The projections suggest an…
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Domestic Investors Outpace Foreign Investors in the Nigeria Equity Market
In 2022, the Nigeria equity market had a positive closure, gaining N5.62 trillion in market capitalization, and the NGX benchmark…
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CBN Keeps Mum After Supreme Court Ruling
Despite the February 8, Supreme Court ruling suspending the deadline for the swap of the old Naira bank notes as…
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Nigeria’s Oil Output Rebound Remain in Doubt 
Nigeria’s ability to reach its estimated 2023 budgeted oil output of 1.69 million barrels per day (mb/d) and its 1.8mb/d…
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