Opening the week, the Nigerian stock market extended gains from its previous session, leading to N331 billion profit for investors. […]
Category: Economy
Binance records a $24billion inflow in 2024
Binance, the largest crypto exchange in the world pulled in a record $24 billion from its 250 million global user […]
FG offers 2 bonds valued at N120bn for subscription
The Federal Government, through the Debt Management Office (DMO) has offered two FGN bonds valued at N120 billion for subscription […]
BOI: Group commends Olasupo Olusi for economic policy delivery
Civil Society Groups for Economic Recovery (CSGER), a coalition of over 76 civil society organizations, has commended the management of […]
Nigeria’s inflation rate rises to 34.6 per cent
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate increased to 34.6 per cent in November 2024. […]
Brand Penalty: FCCPC gives 18 reasons for rejecting Coca-Cola’s appeal
The Federal Competition and Consumer Protection Commission (FCCPC) has urged the Competition and Consumer Protection Tribunal to dismiss Coca-Cola Nigeria […]
Nigeria repays $1.22bn to IMF in nine months – Report
Nigeria has serviced its debt to the International Monetary Fund with not less than $1.22 billion over nine months, data […]
CBN slams N150m fine on banks releasing new notes to hawkers
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money […]
Nigeria’s excess crude account remains at $473,754,57 million – Minister
Nigeria’s Excess Crude Account (ECA) currently holds a balance of $473,754.57, Finance Minister Wale Edun announced on Thursday. Edun disclosed […]
Naira’s exchange rate between official and black market widens again
The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown […]