Nigerian Households Maintain Cautious Optimism for Economic Recovery Despite Rising Loan Interest Rates
Nigerian households are cautiously optimistic about the country's economic prospects over the next three to six months, even as concerns ...
Global Stock Indices Mixed Amid Optimism Over Rate Cuts and Concerns Ahead of PCE Data
Global stock indices exhibited mixed performance last week as investors navigated optimism over potential interest rate cuts and caution ahead ...
US Jobless Claims Edge Lower, Labor Market Remains Under Pressure Amid Fed’s Tightening Measures
The United States labor market showed signs of softening as initial jobless claims fell modestly by 2,000 to 231,000 in ...
Euro Area Inflation Eases in August; ECB Poised for Potential Rate Cut in September
The Euro Area witnessed a significant easing in inflation as consumer prices moderated to 2.2% year-on-year in August, down from ...
Nigeria’s FX Reserves Decline for Fourth Week, Naira Depreciates Amid Limited Forex Supply
Nigeria’s foreign exchange (FX) reserves experienced a decline for the fourth consecutive week, as the gross reserves level fell by ...
Credit to Private Sector in Nigeria Surges by 33.7% in July Amid CBN’s Policy Enforcement and Currency Depreciation
Credit to the Private Sector (CPS) in Nigeria surged by an impressive 33.7% year-on-year to NGN75.48 trillion in July 2024, ...
Minister of State for Petroleum to Address Soaring Cooking Gas Prices Amid Federal Government’s LPG Distribution Initiative
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has vowed to tackle the escalating prices of Liquefied ...
AMCON Intensifies Asset Recovery Efforts, Enlists International Asset Tracers to Recover N5 Trillion Debts
The Asset Management Corporation of Nigeria (AMCON) has announced a new strategic move to intensify its asset recovery efforts as ...
NNPC Ltd Begins LNG Shipments to Japan and China, Expanding Global Market Presence
The Nigerian National Petroleum Company Limited (NNPC Ltd) is making significant strides in expanding its global market footprint by venturing ...
CBN Lifts Suspension on Standing Lending Facility with New Operational Guidelines
The Central Bank of Nigeria (CBN) has officially lifted the suspension on the Standing Lending Facility (SLF), a vital mechanism ...
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