CSL Predicts 100bps Rate Hike as MPC Concludes Meeting
CSL Predicts 100bps Rate Hike as MPC Concludes Meeting CSL Stockbrokers Limited said the monetary policy committee of the Central Bank of Nigeria (CBN) is likely to satisfy its hawkish…
NGX Down Midday over Big Banks Stock Selloffs
NGX Down Midday over Big Banks Stock Selloffs The Nigerian Exchange (NGX) equities market capitalisation is trending downward during the intraday trading session as a raft of selling rallies hit…
TotalEnergies, Shell, Chevron Double Down on African Oil, Gas
TotalEnergies, Shell, Chevron Double Down on African Oil, Gas Leading IOCs are affirming their commitment to African oil and gas – a positive indication for service providers, drilling contractors and…
Oil Prices Increase as China Boosts Crude Buying
Oil Prices Increase as China Boosts Crude Buying Oil prices edged higher in the global commodities market amid expectations of stronger spot crude purchases in China and a stronger physical…
Nigeria Customs Suspends Sales of Seized Rice after Stampede
Nigeria Customs Suspends Sales of Seized Rice after Stampede The Nigeria Customs Service (NCS) has suspended its food disposal initiative following a stampede that claimed seven lives on Feb. 23.…
Develop Export Market – Gov. Makinde
Develop Export Market – Gov. Makinde Nigeria should focus on exports to improve its economy, Gov. Seyi Makinde of Oyo State said on Monday in Ibadan. “Giving priority to the…
Paris 2024: Super Falcons pip Cameroon’s Lionesses 1-0 to Reach Final Round
Paris 2024: Super Falcons pip Cameroon’s Lionesses 1-0 to Reach Final Round Nine-time African champions, the Super Falcons of Nigeria on Monday pipped the Lionesses of Cameroon 1-0 in a…
Equity Market Drops N51bn
Equity Market Drops N51bn The market capitalisation of the Nigerian Exchange Ltd. (NGX) Monday dropped by N51 billion. Specifically, the market capitalisation opened at N55.861 trillion to close at N55.810…
FEC Approves Merging, Scrapping of MDAs
FEC Approves Merging, Scrapping of MDAs The Federal Executive Council (FEC) has approved the merging, scrapping and subsuming of some Ministries, Departments and Agencies of government in line with its…
Interest on Short Term Borrowing Exceeds FG Bond Rates
Interest on Short Term Borrowing Exceeds FG Bond Rates The central bank priced 364-day treasury bills at 19% while the average stop rate printed at 18.75% at the debt management…