Category: nairalaw.com

Exchange Rates Gap Falls to Single Digit after FX Inflow The naira sustained uptrend for the second day at the official window has reduced the gap between autonomous and parallel…

Equities Investors See N420bn as MTNN, TRANSPOWER Rally Buying interest in MTN Nigeria (Ticker: MTNN), Transcorp Power Plc (Ticker: TRANSPOWER) and Dangote Sugar Refinery (Ticker:DANGSUGAR) drove the Nigerian Exchange (NGX)…

Unity Bank Upgrades Prize Money for Corpreneurship Challenge to N16m In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria,…

Reps to Probe N200bn Spent on 2023 Population Census The House of Representatives is set to probe the N200 billion spent on the suspended 2023 Population and Housing Census. This…

Oil Prices Rise over US EIA Bullish Signal The global market prices of oil increased following a report that revealed a large drawdown in US crude investory The market faced…

Burkina Faso Obtains Access to $32m Loan from IMF Burkina Faso government and the International Monetary Fund, IMF, have reached an agreement on economic policies to unlock $32 million from…

Nigeria Bonds, Treasury Bills Yields Collide at 17.2% The average yield on Federal Government Bonds and Treasury bills settle at 17.2% following recent yield inversion in the debt capital market,…

Egypt Requests $8 bln Loan from IMF The International Monetary Fund, IMF, has announced the decision to consider the Egyptian government’s request for a loan push-up amidst pressure in the…

Investors Are Buying Transcorp Plc Shares – Intraday Data Equities investors are positioning in Transcorp Plc share, details from the Nigerian Exchange platform showed. At the moment, the company share…