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New Data Show Massive, Wider-than-Expected Global Gender Gap The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report…
Investors Oversubscribe CBN N1trn OMO Bills The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in…
Nigeria Eurobond Rallies as Africa Trends in Debt Market The average yield on Nigeria’s US dollar bonds or Eurobonds settled lower following an increase in buying interest on the sovereign…
Nigerian Treasury Bills Yield Crossed 17% The average yield on Nigerian Treasury bills climbed to 17.2% ahead of the primary market auction on Wednesday, traders said in their notes. The…
Market Priced Down MTN Nigeria after Huge Loss Equities investors rushed for the door as MTN Nigeria Plc announced earnings miscarriage in 2023. Details from the telecom company indicate the…
Naira Trends Positive, Exchange Rates Gap Slides to N28 The naira has started gaining strength, and the trend cuts across the official and parallel market due to deliberate efforts to…
Oil Steadies at $83 as OPEC+ Extends Output Cuts The global prices of crude oil were little changed on Monday as the Organisation of Petroleum Exporting Countries (OPEC) and its…
Tier-1 Banks Value Hits N4.88Trn Ahead of Earnings Valuation: The combined market value of Nigeria’s big banks has contracted below N5 trillion ahead of the fourth quarter of 2023 earnings…
MTN Nigeria Plc Overstates Profit in 2022 –Financials Telecommunication Company, MTN Nigeria Plc, has revealed that its profit for the financial year 2022 was overstated, details from its audited financial…
Nestle Nigeria Shrinks as Huge Loss Breaks Balance Sheet Nestle Nigeria Plc has seen its market valuation nosedived due to unimpressive earnings performance damaged by foreign exchange reform policy. The…