Naira Trends Positive as FX Turnover Slumps by 31%
Naira Trends Positive as FX Turnover Slumps by 31% FX Watch: There could be a better future ahead as the Nigerian naira starts to heal from losses sustained at the…
Senate Confirms Gbenga Alade AMCON Managing Director
Senate Confirms Gbenga Alade AMCON Managing Director The Senate has confirmed the appointment of Gbenga Alade as managing director and chief executive officer of Asset Management Company of Nigeria (AMCON),…
Japan Ends 8-Year Negative Interest Rates
Japan Ends 8-Year Negative Interest Rates The Bank of Japan (BoJ) has finally ended its eight-year reign of negative interest rates and shifted to a more conventional policy of targeting…
Naira strengthens to N1400/$ on parallel market
The Naira on Wednesday, March 20, exchanged for N1400 against the Dollar in the parallel market. Parallel market operators bought at N1400/$1 from holders of dollars looking to sell, marking…
Treasury Bills Yields Pullback after CBN Trims Rates
Treasury Bills Yields Pullback after CBN Trims Rates The average yield on Nigerian Treasury bills slid 21 basis points on Monday as investors engaged in some buying activities in the…
Interest Rates on Nigerian Govt Bonds Increase
Interest Rates on Nigerian Govt Bonds Increase Debt Management Office offered higher spot rates on government bonds at the primary market auction conducted on Monday. Investors have been demanding higher…
NGX Sheds N239bn as MTNN, GTCO Give up Gains
NGX Sheds N239bn as MTNN, GTCO Give up Gains The Nigerian Exchange (NGX) equities market capitalisation lost about N239 billion at the beginning of the week due to selloffs on…
Voice, Data Services Hit by Undersea Cable Cuts Restored -NCC
Voice, Data Services Hit by Undersea Cable Cuts Restored –NCC Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics…
Dangote lauds Lagos Govt. on consumer rights advocacy
Dangote lauds Lagos Govt. on consumer rights advocacy The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Hajia Fatima Aliko Dangote, on Friday lauded and congratulated the Lagos…
Hillcrest Industries Offers N5bn CP for Subscription – Comercio
Hillcrest Industries Offers N5bn CP for Subscription – Comercio Hillcrest Industries has opened N5 billion series three and four commercial paper (CP) for sale to investors in the local debt…