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FEATURED Latest Thinkpiece TOP STORIES 

If you want African countries to address climate change, first pause our debts

October 8, 2023October 8, 2023 Markets Reporters 0 Comments AfDB Akinwumi Adesina, William Ruto

By William Ruto, Moussa Faki Mahamat, Akinwumi Adesina and Patrick Verkooijen When poor countries are forced to default on their

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FEATURED Latest Stocks TOP STORIES 

Nigerian stock exchange, sister companies get new chairmen

October 8, 2023October 8, 2023 Markets Reporters 0 Comments Nigerian Exchange Group, Nigerian Exchange Limited

New chairmen have been appointed for the three subsidiaries of Nigerian Exchange Group Plc (NGX Group) – Nigerian Exchange Limited

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FEATURED Latest Money TOP STORIES 

Naira rises against dollar, FX market turnover falls

October 8, 2023October 8, 2023 Markets Reporters 0 Comments FMDQ Securities Exchange, FX market turnover, naira

The naira pared some of its recent losses against the dollar last week, even as the turnover in the foreign

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FEATURED Latest Money TOP STORIES 

Naira will appreciate to 900/$ before December: Rewane’s FDC

October 7, 2023October 7, 2023 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, naira

The naira will strengthen to 900 per dollar on the parallel market before December, analysts at Financial Derivatives Company Limited

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FEATURED Latest Thinkpiece TOP STORIES 

Commit or quit … It’s up to you

October 7, 2023October 7, 2023 Markets Reporters 0 Comments Commitment, Harvey Mackay

By Harvey Mackay After his first night in the barracks, a new Army recruit was rudely awakened by his drill

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FEATURED Latest Money TOP STORIES 

Moody’s affirms ECOWAS bank’s credit rating

October 6, 2023October 6, 2023 Markets Reporters 0 Comments ECOWAS Bank for Investment and Development, Moodys Investors Service

Moody’s Investors Service has affirmed the ECOWAS Bank for Investment and Development’s B2 long-term issuer rating and maintained the stable

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Economics FEATURED Latest TOP STORIES 

Nigeria seen moving to reschedule debt, secure IMF support

October 6, 2023October 6, 2023 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, IMF policy support, Nigeria external debt

With the Nigerian economy grappling with “excruciating debt service”, the country will make moves to reschedule its external debt and

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FEATURED Latest Stocks TOP STORIES 

VFD Group’s listing adds N45bn to Nigeria’s stock market

October 6, 2023October 6, 2023 Markets Reporters 0 Comments Nigerian Exchange Limited, VFD Group

VFD Group Plc, a proprietary investment company, has listed on the Main Board of Nigerian Exchange Limited (NGX).  The listing

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FEATURED Latest Stocks TOP STORIES 

Nigeria infrastructure fund woos stock investors with quarterly dividends

October 5, 2023October 5, 2023 Markets Reporters 0 Comments Chapel Hill Denham, NGX, Nigeria Infrastructure Debt Fund

The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIDF), has been

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Economics FEATURED Latest TOP STORIES 

Moody’s downgrade puts Egypt on par with Nigeria

October 5, 2023October 6, 2023 Markets Reporters 0 Comments Egypt, Moodys Investors Service

Moody’s Investors Service has cut the long-term foreign and local currency issuer ratings of the Government of Egypt to Caa1

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