Expert Wants Govt to Enhance SMEs to Boost Nation’s Economy
Expert Wants Govt to Enhance SMEs to Boost Nation’s Economy An expert, Enobong Umoessien, has called for more deliberate action by the government and relevant …
Nigeria Expects $10bn Inflow in Weeks, Says Edun
Nigeria Expects $10bn Inflow in Weeks, Says Edun Nigeria expects a $10 billion FX inflow in the next few weeks to ease liquidity in a foreign exchange market that has…
Naira Jumps on $10bn FX Inflow Expectation
Naira Jumps on $10bn FX Inflow Expectation The Nigerian naira appreciated by 1.9% to N793.34 against the United States (US) dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) amidst…
Treasury Bills Yield Prints at 6.9% Ahead of Auction
Treasury Bills Yield Prints at 6.9% Ahead of Auction The average yield on Nigerian Treasury bills (NTB) steadied at 6.9% in the secondary market on Monday ahead of the Central…
NGX Down by N21bn over Selloffs in Cadbury, VFD
NGX Down by N21bn over Selloffs in Cadbury, VFD The Nigerian Exchange (NGX) equities market capitalisation was down by more than N21 billion at the beginning of the week due…
Nigeria Wins $11bn P&ID Case in UK
Nigeria Wins $11bn P&ID Case in UK The Nigerian government has won the legal case against Process & Industrial Developments (P&ID) Limited in a London court on Monday. The judgment…
UBA Joins PCAF Global Core Team, Lead in Carbon Accounting
UBA Joins PCAF Global Core Team, Lead in Carbon Accounting Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been admitted as a member of the prestigious Partnership for…
FX, Price Stability Interest Rate: CBN Fails on Policy Quality Tests
FX, Price Stability Interest Rate: CBN Fails on Policy Quality Tests The sustained depreciation of the Nigerian local currency, the naira, has worsened the Central Bank of Nigeria (CBN) scorecard…
Foreign Investors Dump Nigeria US Dollar Bonds
Foreign Investors Dump Nigeria US Dollar Bonds Nigeria’s US dollar bond was faced with selloffs across tenors amidst uncertainties in the economy, reversing the previous trend observed in the international…
S&P Downgrades Egypt Ratings, Outlook Stable
S&P Downgrades Egypt Ratings, Outlook Stable S&P Global Ratings on Friday said it downgraded Egypt to B-/B with a stable outlook. The agency previously had a B/B rating on Egypt,…