Amid protests, equity market sheds N235bn
The domestic equity market on Thursday closed southward, depreciating by N235 billion. Market capitalisation of listed equities declined by N0.42...
Banking & Finance
FG retained revenue climbs to N1.76trn in Q1 2024 — Report
Debt service costs consumed about 74 percent of the federal government's retained revenue in the first quarter of 2024, according...
Equity market begins week positive, gains N17bn
The nation's equity market opened the week in a positive note, gaining N17 billion. Market capitalisation of listed equity market increased...
London Stock Exchange services disrupted as markets drop on IT outage
Some London Stock Exchange (LSE) services were suffering disruptions on Friday amid a global IT outage that has affected companies...
South Africa: AfDB approves ZAR 18.85bn loan for Transnet’s business recovery plan
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major...
CBN to sell forex to BDCs at N1450/$
The Central Bank of Nigeria (CBN) has announced the approval of the sales of Forex to eligible Bureau De Change...
We will continue monetary tightening as inflation persists, says Cardoso
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says inflationary pressures could necessitate prolonged monetary tightening, potentially hampering...
Unity Bank customers win over N4m in cashtoken rewards promo
Omeiza Bilal Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled...
Equity market records 0.04% decline
The domestic equity market on Wednesday returned to negative note, shedding N25 billion as loss recorded in the shares of...
FAAC: FG, States, LGs share N1.354trn in June
Omeiza Bilal A total sum of N1.354 trillion was shared by the Federation Accounts Revenue to the Federal, States and...
