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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks extend winning streak to four days

May 17, 2023May 17, 2023 Markets Reporters 0 Comments Nigerian Exchange Limited, Nigerian stocks

The Nigerian stock market finished in the green on Wednesday for the fourth straight day as 29 firms posted gains

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Economics FEATURED Latest TOP STORIES 

Cash-strapped Ghana secures $3bn IMF loan

May 17, 2023May 17, 2023 Markets Reporters 0 Comments Ghana, Ghana debt crisis, IMF Extended Credit Facility

The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF)

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Economics FEATURED Latest TOP STORIES 

CBN expected to raise interest rate to 18.25% next week: FDC

May 16, 2023May 16, 2023 Markets Reporters 0 Comments Bismarck Rewane, CBN, CBN MPC, Financial Derivatives Company

The Central Bank of Nigeria is expected to continue its interest rate-hike cycle next week as inflation jumped again in

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Latest Technology TOP STORIES Uncategorized 

Fraud hurting Nigeria’s e-commerce sector growth – Operators

May 15, 2023May 15, 2023 Markets Reporters 0 Comments DPO Pay, Ecommerce in Nigeria

Fraud is hindering the uptake of e-commerce in Nigeria, slowing the growth of business and entrepreneurship in the country, industry

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Economics FEATURED Latest TOP STORIES 

‘Adapt or perish’: Rewane warns of crunch time for Nigeria

May 13, 2023May 15, 2023 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Nigerian economy

With the economy in dire straits and several challenges awaiting the next government, Nigeria will have to “adapt or perish”,

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FEATURED Latest Stocks TOP STORIES 

Elumelu’s wife buys 2.06 billion shares in Transcorp

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Awele Elumelu, Tony Elumelu, Transcorp

Dr Awele Elumelu, the wife of the Chairman of Transnational Corporation Plc, Mr Tony Elumelu, has bought 2,063,484,991 shares of

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FEATURED Latest Money TOP STORIES 

More firms tap futures contracts as naira dips further against dollar

May 13, 2023May 13, 2023 Markets Reporters 0 Comments FMDQ Group, FX futures contracts, naira, naira-dollar exchange rate

The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the

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Economics Latest TOP STORIES 

Nigeria’s April inflation to edge down to 21.6%: Capital Economics

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Bola Tinubu, Capital Economics, Inflation rate in Nigeria

Data due to be published on Monday will show that Nigeria’s headline inflation rate edged down to 21.6 percent year-on-year

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Economics Latest TOP STORIES 

Kenya’s rating cut deeper into junk by Moody’s, nears Nigeria’s

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Kenya credit ratings, Moodys Investors Service

Moody’s Investors Service, a global credit rating agency, has downgraded Kenya’s ratings further into the junk territory as domestic financing

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FEATURED Latest Stocks TOP STORIES 

Nigerian bourse poised to woo more savings bond buyers

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Afrinvest, FGN Savings Bond, Nigerian Exchange Limited

The Nigerian Exchange Limited has joined forces with Afrinvest (West Africa) Limited, a capital market holding company, to drive up

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