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Transcorp Hits N236bn as Investors Line Up for Shares after Abuja Disco Acquisition Market valuation surged to about N236 billion as Alpha seekers took a special interest in Transcorp Plc.’s…
Naira Tumbles Across FX Markets as External Reserves Dip It was a tough week for the Nigerian naira across the foreign exchange (FX) markets as the local currency lost significant…
NGX Gains N459bn as Transcorp, Dangote Sugar Rally With an impressive from the beginning of the year to date, the Nigerian Exchange (NGX) has become a money making machine for…
FX Rates: CBN Says No Plan to Sell US Dollars to BDCs The Central Bank of Nigeria (CBN) said there is no plan to commence weekly foreign currency sales to…
Analysts Cut Oil Production Estimate After Uninspiring Q2 Figure Analysts have lowered their oil production expectation for the third quarter of 2023 to 1.3 million barrels per day (mbpd), citing…
Banks Lending Appetites Reduce as Stage 2 Loans Spike Tracking below 65% loan-to-deposit ratio targets, Nigeria’s big banks’ loan appetite moderated in the first quarter of 2023, and analysts believe…
Weak Macro Tempers Real Estate Market Performance Real estate services surged by 1.87% in the second quarter of 2023 amidst uncertainties, and declining occupancy rates in key areas in major…
Producers GDP Shrinks 15% over Inflation, Interest, FX Hurdle Nigeria’s large buckets of uncertainties stoked pressures on the productive segment of the economy in the second quarter of 2023, according…
A Judge Martha Pacold has dismissed a lawsuit filed by a man named DaQuan Robinson, who accused Future of copyright infringement. Robinson had sued Future 2 years ago for what…
The Federal Government has said that it inherited a bad economy with an unacceptable high rate of unemployment. Addressing journalists at the end of the inaugural Federal Executive Council (FEC)…