Naira plunges against dollar despite increased forex liquidity
The naira finished lower against the dollar last week despite the increase in liquidity on the official foreign exchange market,
Read more
Author: Markets Reporters
Tinubu says Q2 trade data shows increasing ‘positive economic shifts’
President Bola Tinubu has said the latest trade report released by the National Bureau of Statistics shows increasing positive shifts
Read more
AfDB launches new $2bn social bond in 60th anniversary week
The African Development Bank (AfDB) has launched and priced a new $2 billion 5-year Social Benchmark transaction due 18 September
Read more
[OPINION] How to get control of your problems
By Harvey Mackay A mouse who lived near a farmhouse saw the farmer set a mousetrap one day. Terrified, he
Read more
Nigeria’s three-month petrol imports rise to N3.22trn
Petrol imports cost Nigeria N3.22 trillion in the second quarter of this year, up from N2.63 trillion in the first
Read more
Dutch-based venture builder hunts for N5bn to back Nigerian startups
A Dutch-based venture builder, 15Wins Ventures, is in the process of raising a N5 billion venture fund, aiming to supercharge
Read more
AFC plays key role as Nigeria’s domestic dollar bond surpasses expectations
Africa Finance Corporation (AFC) has announced the issuance of an inaugural $500 million domestic dollar bond from the Federal Government
Read more
[OPINION] Why President Tinubu always takes the hard road
By Temitope Ajayi Those who think they are taking a dig at the President have been gloating. Their usual refrain
Read more
US, Nigeria host conference on AI in Lagos
The U.S. Department of State and Nigerian Federal Ministry of Communications, Innovation and Digital Economy will convene more than 200
Read more
NNPC, Chevron align joint-venture assets with new petroleum law
In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into
Read more