In Q4 2023, it was gathered that Nigeria's public debt stock rose from N87.38 trillion (US$113.42 billion) in Q3 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter.The National Bur...
Local stocks at the Nigerian Stock Exchange started the week negatively after equities in Dangote Sugar Refinery Plc and 29 others dropped N239 billion in market capitalisation.The NGX All-Share Index...
According to a World Federation of Exchanges report, the global equity market's capitalisation increased by 13% or more than $13 trillion in 2023.The international exchange organisation recently relea...
According to the National Bureau of Statistics (NBS) recent report for February 2024, the cost of bread, yam, white garri, beans, onions, beef, and other food items increased.It said this was in its S...
The value of the naira was reported to rise significantly on Thursday to close at N1,382.85 against the dollar, from how it previously closed on Wednesday for N1,536.83 after the Central Bank of Niger...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
The naira showed strength at the official market, quoting N1,560.75/$, and this development has been attributed to the many reforms of the Central Bank of Nigeria (CBN).At the close of trading at the ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...