Month: April 2025

Naira Depreciates Despite $50m FX Injection by CBN The naira declined against the US dollar in the official foreign exchange market despite the Central Bank of Nigeria’s FX sales to…

Naira Depreciates Despite $50m FX Injection by CBN The naira declined against the US dollar in the official foreign exchange market despite the Central Bank of Nigeria’s FX sales to…

Nigerian Exchange Index Rises as Equities Investors Gain N321bn The Nigerian Exchange (NGX) All-Share Index advanced by 49 basis points on Tuesday as equities investors saw N321 billion gain from…

Nigerian Exchange Index Rises as Equities Investors Gain N321bn The Nigerian Exchange (NGX) All-Share Index advanced by 49 basis points on Tuesday as equities investors saw N321 billion gain from…

Zenith Bank, GTCO, UBA Set to Pay Dividends Ahead of Q1 Earnings Zenith Bank, GTCO, and other top Nigerian banks, including their tier-2 challengers, are warming up to pay their…

IMF Cuts Global Economic Growth Forecast to 2.8% The International Monetary Fund (IMF) has slashed its global economic growth forecast for 2025 by 0.5% to 2.8% warning the outlook could…

Oil Rallies as Trump Moves to Influence Rates Cut The oil market rallied on Tuesday as U.S. President Donald Trump moved to influence the Federal Reserve’s rates cut decision in…

NGX Index Rises as GTCO, ZENITH, ACCESS See Intraday Rally The stock market index is climbing during the intraday trading session on the Nigerian Exchange (NGX) trading platform as Nigerian…

Nigeria’s FX Reserves Drop by $3bn, Hit 6-Month Low Tracking below $38 billion, Nigeria’s foreign reserves declined by $3 billion in less than four full months amidst fluctuation in FX…

BisonFly Takes Off: FG’s Initiative for Cost-Effective Air Travel The Federal Government has launched the BisonFly Project, a groundbreaking initiative designed to optimize air travel costs for the Federal Civil…