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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits Coronation MB’s new commercial paper

February 19, 2021February 19, 2021 Markets Reporters 0 Comments Commercial paper, Coronation Merchant Bank, FMDQ Exchange

FMDQ Securities Exchange Limited has announced the admission of the Coronation Merchant Bank N1.29 billion Series 11 and N2.34 billion Series

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economic contraction shows weak fundamentals – LCCI

February 18, 2021February 18, 2021 Markets Reporters 0 Comments LCCI, Muda Yusuf, Nigerian economy

The Lagos Chamber of Commerce and Industry has said the output contraction Nigeria recorded last year highlights the country’s weak

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economy beats World Bank, IMF estimates, emerges from recession

February 18, 2021February 18, 2021 Markets Reporters 0 Comments IMF, NBS, Nigerian economy, recession, World Bank

Nigeria, Africa’s biggest economy, has snapped out of recession as it recorded positive growth in the fourth quarter of 2020,

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Economics FEATURED Latest TOP STORIES 

Rising food prices will worsen Nigeria’s poverty situation – LCCI

February 18, 2021February 18, 2021 Markets Reporters 0 Comments Inflation, LCCI, Muda Yusuf, Poverty in Nigeria, Rising food prices

The Lagos Chamber of Commerce and Industry has said the rising food prices in Nigeria will worsen the poverty situation

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Energy FEATURED Latest TOP STORIES 

NNPC rules out petrol price hike this month

February 18, 2021February 18, 2021 Markets Reporters 0 Comments Kennie Obateru, NNPC, Petrol price hike

The Nigerian National Petroleum Corporation has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) this

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FEATURED Latest Money TOP STORIES 

WorldRemit welcomes CBN mandate on new dollar bank accounts

February 17, 2021February 17, 2021 Markets Reporters 0 Comments CBN, US dollar bank accounts, WorldRemit

WorldRemit, a cross-border digital payments service, has described as a welcome development the Central Bank of Nigeria’s announcement that all

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FEATURED Latest Money TOP STORIES 

Naira falls against dollar at parallel market, I&E window

February 17, 2021February 17, 2021 Markets Reporters 0 Comments dollar, FMDQ Group, naira, Nigerian currency

The Nigerian currency has pared some of its recent gains as it weakened against the dollar at the parallel market

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves down $570m to $35.63bn despite oil rally

February 16, 2021February 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of

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Economics FEATURED Latest TOP STORIES 

Get on board or be left behind, Okonjo-Iweala tells Nigeria, others

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Ehingbeti Summit, Ngozi Okonjo-Iweala, WTO DG

The new Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries should embrace

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation surges to 16.47%, highest in 45 months

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Inflation rate, NBS

The inflation rate in Nigeria rose further in January to its highest level in 45 months, official data showed on

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