Nigeria’s Headline Inflation Rate Rises to 15.63%
Nigeria’s Headline Inflation Rate Rises to 15.63% Nigeria’s headline inflation rate rise to 15.63% in December 2021 from 15.40% recorded in November as the food index jumps, according to a…
Oil Prices Near 7-Year High on Tight Supply
Oil Prices Near 7-Year High on Tight Supply Oil prices started the week higher, with both Brent crude and West Texas Intermediate (WTI) crude prices approaching their seven-year highs, Commerzbank…
How Lagos State Spends N569 bln Generated in Pandemic Year
How Lagos State Spends N569 bln Generated in Pandemic Year Nigeria’s economic powerhouse, Lagos State, saw a revenue increase in the fiscal year 2020, a period that was eclipsed by…
Equity Investors Lost N30 Bln as NGX Opens Negative
Equity Investors Lost N30 Bln as NGX Opens Negative Equity investors lost N30 billion on Monday as Nigerian Exchange (NGX) opens the week on a negative note as the headline…
Treasury, OMO Bills Trade Quiet as Inflation Fears Rise
Treasury, OMO Bills Trade Quiet as Inflation Fears Rise Though average yield on the Federal Government of Nigeria (FGN) bond dipped three basis points in the secondary market, Treasury and…
Price Tracking Website for Cryptoassets Lists Fake SHIB Addresses
Price Tracking Website for Cryptoassets Lists Fake SHIB Addresses The Shiba Inu team has alerted investors by pointing out the three fake SHIB addresses listed by CoinMarketCap, one of the…
Naira Appreciates Against Dollar at Official FX Window
Naira Appreciates Against Dollar at Official FX Window The Nigerian local currency appreciates against the United States dollar on Monday as the exchange rate settled at N416.33 at the Investors…
Market Valuation of Dangote Cement Rises After Shares Buyback Notice
Market Valuation of Dangote Cement Rises After Shares Buyback Notice Stock market valuation of the largest Cement Company in Nigeria, Dangote Cement Plc, inches higher to N4.6 trillion last week…
BUA Foods’ Market Valuation Rises 65% to N1.19 Trillion
BUA Foods’ Market Valuation Rises 65% to N1.19 Trillion Rising by 65% in just 9 days of trading, BUA Foods market valuation inches higher to about N1.19 trillion in the…
Lafarge Africa Rated Buy as Analysts Expects Descent Upside
Lafarge Africa Rated Buy as Analysts Expects Descent Upside In its cement sector update, analysts at Cardinalstone, a leading investment banking firm said they have retained buy rating on Lafarge…