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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

US ship arrives in Lagos, officials meet Nigerian Navy

August 19, 2022August 19, 2022 Markets Reporters 0 Comments Nigerian Navy, US Coast Guard Cutter Mohawk

The United States Coast Guard Cutter Mohawk arrived at the Nigerian Naval Dockyard in Lagos on Thursday for a scheduled

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FEATURED Latest Money TOP STORIES 

Naira extends decline, FX turnover up 25%: FMDQ

August 13, 2022August 13, 2022 Markets Reporters 0 Comments FMDQ Group, Forex turnover, naira

The naira weakened further this week at the Investors and Exporters window, even as the foreign exchange turnover rose by

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Energy FEATURED Latest TOP STORIES 

Refineries won’t solve Nigeria’s petrol subsidy issue – ex-AMCON boss

August 13, 2022August 13, 2022 Markets Reporters 0 Comments AMCON, Mustafa Chike-Obi, Petrol subsidy in Nigeria

A former Managing Director of the Asset Management Corporation of Nigeria, Mr Mustafa Chike-Obi, has said the production of petrol

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Economics FEATURED Latest TOP STORIES 

Nigeria tops list of most crypto-obsessed countries

August 9, 2022August 9, 2022 Markets Reporters 0 Comments CoinGecko, Cryptocurrency, Nigeria

Nigeria is the most cryptocurrency-obsessed country in the world, new study reveals.  The research, carried out by crypto price tracker

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Energy FEATURED Latest TOP STORIES 

Exxon-Seplat’s $1.3bn deal gets Buhari’s greenlight

August 8, 2022August 8, 2022 Markets Reporters 0 Comments ExxonMobil, Mobil Producing Nigeria Unlimited, Muhammadu Buhari, Seplat Energy

Seplat Energy Plc, a Nigerian energy company,  has announced that it has received a letter from the Minister of State

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Economics FEATURED Latest TOP STORIES 

Nigeria stuck in economic morass, says NESG

August 8, 2022August 8, 2022 Markets Reporters 0 Comments NESG, Nigerian economy

Nigeria requires tough choices to turn the page on the current economic morass in which it is stuck, the Nigerian

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Economics FEATURED Latest TOP STORIES 

Naira closes weaker despite increased FX market turnover: FMDQ

August 6, 2022August 6, 2022 Markets Reporters 0 Comments FMDQ Group, FX turnover, naira

The naira closed weaker against the dollar this week at the Investors and Exporters window despite the increase in the

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FEATURED Latest Money TOP STORIES 

Asset manager PIC set to invest $100m in AFC

August 2, 2022August 2, 2022 Markets Reporters 0 Comments Africa Finance Corporation, Public Investment Corporation

The Public Investment Corporation, Africa’s largest asset manager has given formal notification to make a $100 million inaugural equity investment

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FEATURED Latest Stocks TOP STORIES 

Flour Mills’ quarterly profit rises to N7.33bn

August 1, 2022August 1, 2022 Markets Reporters 0 Comments Flour Mills of Nigeria

Flour Mills of Nigeria has reported a profit before tax of N7.33 billion for the first quarter of the 2022

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Energy FEATURED Latest TOP STORIES 

Seplat starts injecting crude into new 160,000bpd pipeline

August 1, 2022August 1, 2022 Markets Reporters 0 Comments Amukpe-Escravos Pipeline, Roger Brown Seplat CEO, Seplat Energy

Seplat Energy Plc, a Nigerian energy company, has announced that it has begun commercial injection of crude oil through the

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