Oil Prices Dip Amid Weak Chinese Demand, Balanced by U.S. Inventory Decline
Economic Indicators Show Mixed Signals for Global Oil Market On Wednesday, oil prices saw a modest decline as global benchmark...
Global Markets Rally on Tech Sector Strength Ahead of Key US Inflation Data
Global markets experienced a robust rally driven by gains in the technology sector, buoyed by optimism ahead of crucial US...
Nigerian Exchange Launches NGX Impact Board to Drive Sustainable Finance Solutions
The Nigerian Exchange Limited (NGX) has taken a significant step towards promoting sustainable finance solutions with the launch of the...
Dangote Petroleum Refinery to List on Nigerian Exchange by March 2025, Petrol Supply Now Set for August
In a significant development, Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, announced that the Dangote...
Surging Prices in Food and Housing Drive Nigeria’s Inflation to 34.19% in June
Nigeria's inflation continues to rise, with headline inflation reaching 34.19% year-on-year (y/y) in June, up from 33.95% y/y in May....
Firstbank Sponsors “The Noble Warrior” Play, A 90th Birthday Tribute To Wole Soyinka
FirstBank, West Africa premier financial institution and financial inclusion services provider has announced its sponsorship of the Lagos command performance...
CBN Governor Announces Potential Slowdown in Benchmark Interest Rate Increases
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has indicated that the bank may soon be...
Equities: Market Activity Subdued as Investors Await H1-2024 Earnings Releases
Last week, market activities remained low key as investors exercised caution ahead of half-year (H1-2024) earnings releases, with companies entering...
Nigeria’s FX Reserves Hit 13-Month High, Naira Continues to Depreciate
This week, Nigeria's foreign exchange (FX) reserves reached a 13-month high, with gross reserves increasing by USD 465.21 million week-on-week...
Capital Importation into Nigeria Surges by 198.1% in Q1-2024, Highest Since Q1-2020
Capital importation into Nigeria in the first quarter of 2024 rose significantly by 198.1% year-on-year, reaching USD 3.78 billion, compared...
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