Eurozone Inflation Holds Steady in April, Fueling Expectations of ECB Policy Easing
In April, consumer prices in the Euro area remained unchanged, signaling a slowdown in inflationary pressures within the region. Data ...
US Federal Reserve Keeps Interest Rates Steady, Reduces Monthly Treasury Securities Redemption Cap
The Federal Open Market Committee (FOMC) has maintained the target range for the federal funds rate at 5.25% - 5.50%, ...
NDIC Raises Deposit Insurance Coverage Across Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has implemented a significant increase in deposit insurance coverage for all licensed deposit-taking financial ...
Nigeria’s Shea Exports Soar, Reaching N20 Billion in 2023
The Nigerian Export Promotion Council (NEPC) has revealed that Nigeria's exports of Shea products surged to over 17,000 metric tons ...
ExxonMobil’s Assets Sales To Seplat: $1.28bn Deal to Wind Up in Less Than 14 Days
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signaled that the sale of ExxonMobil's Nigerian petroleum assets to Nigeria's Seplat ...
PMI Report: Nigerian Private Sector Inflationary Pressures Ease in April
The latest Purchasing Managers’ Index (PMI) report has revealed a moderation in inflationary pressures within the Nigerian private sector during ...
FG Directs Banks to Deduct Stamp Duty on Mortgage-backed Loans and Bonds
In a recent move aimed at bolstering fiscal performance, the Federal Government has instructed Deposit Money Banks to commence the ...
Stocks Gain, Yen Surges as Focus Shifts to US Jobs
Equities in Asia climbed along with futures contracts for US and European stocks amid a rally in technology shares. The ...
Oil prices set for steepest weekly drop in 3 months
Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for ...
Oil prices rebound on hopes US will replenish strategic reserve
Oil prices saw a resurgence on Thursday, bouncing back from a three-day decline, driven by anticipation that lower price levels ...
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