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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

Nigeria’s $500m domestic bond should be successful – Rewane

August 23, 2024August 23, 2024 Markets Reporters 0 Comments Bismarck Rewane, Domestic dollar bond, Nigeria $500m domestic bond

The domestic dollar bond launched on Monday by the Nigerian government should be successful, economic expert and CEO of Lagos-based

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Energy FEATURED Latest TOP STORIES 

OVH acquisition: The facts, by NNPC Ltd

August 22, 2024August 22, 2024 Markets Reporters 0 Comments NNPC OVH acquisition, OVH Energy

The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser

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Energy FEATURED Latest TOP STORIES 

Oando pays $783m for acquisition of Eni subsidiary NAOC

August 22, 2024August 22, 2024 Markets Reporters 0 Comments Eni NAOC, Nigerian Agip Oil Company, Oando

Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding

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FEATURED Latest Money TOP STORIES 

Bitcoin surges as Fed rate cut expected in weeks

August 22, 2024August 22, 2024 Markets Reporters 0 Comments Bitcoin, Crypto, Fed rate decision

Blue-chip cryptocurrencies Bitcoin and Ethereum surged Thursday as Federal Reserve minutes suggested that U.S. interest rate cuts may commence within

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Economics FEATURED Latest TOP STORIES 

US Fed on course to cut rates September, minutes show

August 22, 2024August 22, 2024 Markets Reporters 0 Comments US Fed, US Fed rate cut

Federal Reserve officials last month were strongly leaning toward an interest rate cut at their September policy meeting and several

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FEATURED Latest Money TOP STORIES 

Africa’s richest man Dangote loses $1.1bn in one month 

August 22, 2024August 22, 2024 Markets Reporters 0 Comments Aliko Dangote, Aliko Dangote net worth

Aliko Dangote, the richest man in Africa, has lost 7.59 percent of his net worth in the past month, according

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Economics FEATURED Latest TOP STORIES 

Africa’s high-yield bonds seen benefitting from US Fed rate cut 

August 22, 2024August 22, 2024 Markets Reporters 0 Comments Africa dollar bonds, Africa Eurobonds, US Fed rate cut

Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks post first net foreign inflows in four months 

August 22, 2024August 22, 2024 Markets Reporters 0 Comments FPI, Net foreign inflows, NGX, Nigerian stocks

Foreign inflows into the Nigerian stock market surpassed outflows in July for the first time in four months, new official

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Energy FEATURED Latest TOP STORIES 

Dangote refinery scales down US crude oil imports 

August 22, 2024 Markets Reporters 0 Comments Aliko Dangote, Dangote refinery, Us oil imports

Dangote refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be

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Economics FEATURED Latest TOP STORIES 

Nigeria jacks up passport fee by 43% amid ‘japa’ wave

August 21, 2024August 21, 2024 Markets Reporters 0 Comments japa, Nigeria passport fee hike, Nigerian passport

The federal government has increased the cost of the nation’s passport by 42.8 percent as part of efforts to maintain

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