Naira Sinks as US Dollar Volume in FX Market Dips by 40%
Naira Sinks as US Dollar Volume in FX Market Dips by 40% The naira depreciated to N1,675.62 per US dollar at the Nigerian autonomous foreign exchange market on Monday. The…
Read moreNigeria Ranks 6th on Africa Visa Openness Index- Report
Nigeria Ranks 6th on Africa Visa Openness Index- Report Nigeria ranked sixth among 54 countries in the African Development Bank (AfDB) and African Union’s 2024 African Visa Openness Index (AVOI)…
Read moreLagos N3trn Budget for 2025 Scales 2nd Reading
Lagos N3trn Budget for 2025 Scales 2nd Reading The 2025 Appropriation Bill of N3.005 trillion presented by Gov. Babajide Sanwo-Olu of Lagos State has scaled the second reading at the…
Read more40% of African Nations in Debt Crisis – ECA
40% of African Nations in Debt Crisis – ECA The United Nations Economic Commission for Africa (ECA) says 40 per cent of African nations are in debt distress or at…
Read moreNo Disparity Between NNPC, NUPRC Oil Production Figures—Official
No Disparity Between NNPC, NUPRC Oil Production Figures—Official The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said that its crude oil production figures tallied with that of the Nigerian…
Read moreBanks, Others Raise N2.7trn via Rights, Public Offers –SEC
Banks, Others Raise N2.7trn via Rights, Public Offers –SEC The Securities and Exchange Commission (SEC) says more than N2.7 trillion has been raised in the capital market by Nigerian deposit…
Read moreEquities Investors Lose N123bn as GTCO, FBNH, STANBIC Plunge
Equities Investors Lose N123bn as GTCO, FBNH, STANBIC Plunge Equities investors lost about N123 billion on Monday as sell pressures hit banking names including GTCO, FBN Holdings, and Stanbic IBTC…
Read moreNigeria’s Economy Grows by 3.46% in Q3
Nigeria’s Economy Grows by 3.46% in Q3 Nigeria’s economy grew by 3.46% year on year in the third quarter of 2024, the statistics office said in a new report. According…
Read moreSell Pressures on FBNH, ACCESS, Zenith Drive Intraday Loss on NGX
Sell Pressures on FBNH, ACCESS, Zenith Drive Intraday Loss on NGX The equities market is currently trading negative as investors began to take profit from banking names. The banking index…
Read moreMarket Cap of All Cryptos Rises by $1Trn since U.S Election
Market Cap of All Cryptos Rises by $1Trn since U.S Election Since the U.S. presidential election, the crypto market capitalisation has increased by more than $1 trillion, a review of…
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