The decision, announced after the latest Monetary Policy Committee (MPC) meeting, has sparked concerns among business owners who rely on credit facilities to sustain operations. According to the MPC c...
The sharp rise in demand led to higher allotments, even as yields fell, reflecting stronger investor confidence in Nigeria’s debt market. This is according to the auction result released by the Debt M...
In a statement on Monday, the tech giant said the investment would fuel advancements in AI, silicon engineering, and workforce development —equipping students and professionals with cutting-edge skill...
On November 26, 2024, the CBN directed all banks operating in the interbank foreign exchange market to adopt the Bloomberg BMatch System for trading. The platform, which went live on December 2, 2024,...
In its GDP report published on Tuesday, NBS said the growth rate is higher than the 3.46 percent recorded in Q3 2024. The bureau said the growth rate is also higher than the 3.46 percent recorded in t...
Global energy research body, Wood Mackenzie, has said Brent crude oil prices will average $73 per barrel this year, about $2 below Nigeria’s ambitious $75 per barrel projection in the 2025 budget whic...
The National Pension Commission(Pension), has said that its consistent awareness creation efforts as well as financial inclusion strategy in the past five years yielded tremendous result despite...
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has urged the Central Bank of Nigeria (CBN) to do a reality check on the business environment and align i...
The majority shareholder in Airtel Africa, Bharti Airtel, has acquired an additional 4.45 percent stake in Airtel Africa. This additional stake is has a valuation of N409.4 billion, based on a share p...
The Nigerian equity market recorded a gain of N1.83tn last week as the All-Share Index and Market Capitalisation appreciated by two per cent and 2.78 per cent to close at 108,053.95 points and N67.418...