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50-100bps rate hike likely as MPC concludes meeting – CSLS

July 23, 2024July 23, 2024 Markets Reporters 0 Comments CBN MPC, CBN rate hike, CSL Stockbrokers

The Central Bank of Nigeria (CBN) is anticipated to sustain its contractionary monetary measures as it concludes its fourth Monetary

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FEATURED Latest Stocks TOP STORIES 

International Energy Insurance swings to N3.71bn loss in H1

July 23, 2024 Markets Reporters 0 Comments International Energy Insurance

International Energy Insurance Plc reported a loss after tax of N3.71 billion in the first half of this year compared

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Energy FEATURED Latest TOP STORIES 

I have no blending plant in Malta, NNPC boss Kyari responds to Dangote

July 23, 2024July 23, 2024 Markets Reporters 0 Comments Aliko Dangote, blending plant in Malta, Mele Kyari

Mele Kyari, group managing director of the Nigerian National Petroleum Company Limited, has said he does not have blending plant

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FEATURED Latest Money TOP STORIES 

Naira expected to hit 1,700/$ ‘in the near time’, says FDC

July 21, 2024July 21, 2024 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Naira against dollar

The naira is expected to trade between 1,550 and 1,700 per dollar in the near term, Lagos-based Financial Derivatives Company

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FEATURED Latest Money TOP STORIES 

CBN rate hiking cycle to end this week: Capital Economics

July 21, 2024July 21, 2024 Markets Reporters 0 Comments Capital Economics, CBN MPC, David Omojomolo

The rate hiking cycle that the Central Bank of Nigeria started last year is expected to end this week, according

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FEATURED Latest Money TOP STORIES 

Drop in weekly forex liquidity drags naira lower

July 21, 2024July 21, 2024 Markets Reporters 0 Comments FMDQ, Forex turnover, Naira versus dollar

The naira extended its decline against the dollar last week as foreign exchange turnover in the official market fell by

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FEATURED Latest Stocks TOP STORIES 

Niger Insurance, two others ejected from stock exchange 

July 19, 2024 Markets Reporters 0 Comments NGX, Niger Insurance, RAK Unity Petroleum, Resort Savings and Loans

The Nigerian Exchange Limited (NGX) has delisted Niger Insurance Plc, Resort Savings and Loans Plc and RAK Unity Petroleum Plc. 

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Energy FEATURED Latest TOP STORIES 

Dangote wants petroleum products imports suspended, says regulator

July 18, 2024July 18, 2024 Markets Reporters 0 Comments Dangote refinery, Farouk Ahmed, NMDPRA

Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said Dangote Group is requesting that

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Economics FEATURED Latest TOP STORIES 

Manufacturers outline demands as Tinubu raises minimum wage 

July 18, 2024July 18, 2024 Markets Reporters 0 Comments Manufacturers Association of Nigeria, N70000 minimum wage

The Manufacturers Association of Nigeria has presented several demands to President Bola Tinubu to enable its members to pay the

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FEATURED Latest Money TOP STORIES 

CBN seen raising interest rate to 27.25% next week

July 18, 2024July 18, 2024 Markets Reporters 0 Comments CBN Monetary Policy Committee, Interest rates in Nigeria

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to increase the benchmark interest rate

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