Asia-Pacific markets traded mixed on Wednesday, following declines on Wall Street after a sell-off in technology stocks picked up pace. Japanese markets were in focus for investors. The Bank of Japan&...
The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc...
The Debt Management Office (DMO) has announced plans to raise N300 billion for the Federal Government through the March 2025 bond auction. The decision is part of a broader plan to raise N1.8 trillion...
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout i...
Nigeria’s Securities and Exchange Commission (SEC) plans to accelerate the issuance of crypto licences in 2025 as part of its efforts to regulate the cryptocurrency market and protect consumers. The r...
Nigeria’s Central Bank (CBN) has reinstated Jimoh Musa Itopa, a director in the Payments System Management Department (PSMD). His return signals a significant leadership change in the crucial departme...
The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to federal, states and local governments in 2024, representing a historic high in revenue distribution an...
As presently constituted, oil marketers in Nigeria are currently required to pay N797.66 per liter for the landing cost of fuel, despite efforts by oil merchants to buy less fuel so as to minimize los...
The acquisition, announced in a blog post on Tuesday, will see Wiz integrated into Google Cloud once the transaction is finalised. Google said the acquisition is a strategic move to strength...
Over 400 filling stations of independent oil marketers located at border communities have remained shut since 2019 based on the Federal Government’s directive to halt the smuggling of petrol out of Ni...