Oil Prices Rise Amid Signs of Strengthening Global Demand from China and the U.S.
Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks, driven by...
Strengthening Naira Eases Inflationary Pressure, Boosts Nigerian Private Sector Growth in April
The Stanbic IBTC Bank’s Purchasing Manager’s Index (PMI) indicated that the strengthening of the Naira in the foreign exchange market...
Crypto Exchanges Comply with Directive to Delist Naira from Peer-to-Peer Trading Platforms
Following directives from the Office of the National Security Adviser (ONSA) and the Securities and Exchange Commission (SEC) to delist...
NDIC Secures Winding Up Orders for 96 Defunct Microfinance and Mortgage Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has successfully secured winding up orders for 96 out of...
FAAC Disburses N1.208 Trillion to Government Tiers for May 2024
The Federation Accounts Allocation Committee (FAAC) has disbursed N1.208 trillion to the three tiers of government as revenue for May...
Oil Prices Extend Gains on Signs of Stronger U.S. Demand and Expected Interest Rate Cut
Oil prices continued their upward trajectory on Thursday, building on gains from the previous session, as signs of stronger demand...
European Stock Futures Set for Gains Following US Inflation Data
European stock futures are poised for mild gains at the open, continuing a rally in Asia after US inflation data...
Senate to Screen SEC Board Nominees Following President Tinubu’s Request
President Bola Tinubu has requested the Senate to screen and confirm four individuals recently appointed as members of the Board...
FIRS Generates N3.94 Trillion Tax Revenue in Q1 2024, Falls Short of Target
Dr. Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), revealed yesterday that the service generated a...
Food Commodity Prices Rise by 40.53% in April, NBS Data Reveals
The prices of food commodities in Nigeria surged by 40.53 percent in the month of April, according to data released...
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