CBN Slashes Exchange Rate as Dollar Sale Commences
In a significant move aimed at stabilizing the forex market, the Central Bank of Nigeria (CBN) has announced a reduction...
CBN Raises Interest Rates Amid Inflationary Pressure
In its latest decision, the Monetary Policy Committee (MPC) has opted for a significant 200 basis points hike in the...
NGX All-Share Index Falls by 0.5% with Mixed Performance in Stock Market
The Nigerian Stock Exchange witnessed a mixed performance as the All-Share Index (ASI) dipped by 0.5% on the trading floor...
James Manyika Highlights AI Opportunities for Africa
Renowned A1 expert James Manyika has emphasized the importance of addressing key questions regarding Artificial Intelligence (AI) in Africa. Manyika...
UK’s Inflation Rate Declines to 3.4% in February
According to data released by the Office for National Statistics (ONS), the United Kingdom's inflation rate fell to 3.4% year-on-year...
FG Plans N300 Billion Procurement for Prepaid Meters
In a bid to address Nigeria's significant metering gap, the Federal Government has announced plans to procure 12.5 million prepaid...
NGX RegCo and FRCN Unveil Roadmap for Sustainability Financial Reporting Standard Adoption
In a joint effort aimed at advancing sustainable business practices, the Nigerian Exchange Regulation Limited (NGX RegCo) and the Financial...
Nigeria Spends N4.38 Trillion Servicing Domestic Debt in 2023, DMO Reports
The Debt Management Office (DMO) of Nigeria has revealed that a total of N4.381 trillion (N4,381,207,357,790.30) was utilized for servicing...
Global Equities Rally on Dovish Central Bank Signals and Rate Cut Expectations
Positive sentiments permeated global equities markets this week following the outcome of the Federal Reserve policy meeting, where investors found...
VAT Collections Soar in Q4-23, Hit NGN1.20 Trillion: NBS Report
The National Bureau of Statistics (NBS) has reported a significant surge in Value Added Tax (VAT) collections in the fourth...
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