S&P Global Ratings agency in its recent report has downgraded Nigeria from stable outlook to negative. The rating agency said this in a research update. According...
Coronation Merchant Bank has attracted $40million trade finance facility from International Finance Corporation, the private sector arm of the World Bank Group. The partnership between the two...
The Nigerian Stock Exchange has said it has won approval from members to become a listed company and has appointed a board of directors. It would...
The IMF and World Bank have said they “stand ready to help” countries deal with the financial and health effects of the coronavirus, suggesting that a...
The local bourse sustained its downtrend as the All-Share Index dropped 1.2% to 25,816.57 points due to the losses in NESTLE (-10.0%), GUARANTY (-4.6%) and WAPCO (-10.0%). Consequently, the YTD...
Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna, who exited from...
Emerging market stocks rose on Monday after their worst week in 8-1/2 years, and an index of developing world currencies rebounded from near five-month lows on...
Federal Competition and Consumer Protection Commission has warned against arbitrary increase in the price of basic and protective products use used for preventing spread of Coronavirus....
The incidence of “Coronavirus” continued to accelerate this week, reaching a total of 50 countries. This has caused panic across markets and the global economy. We...
CoronaVirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value...
Director General Debt Management Office DMO, Patience Oniha has urged public financial managers to be conversant with debt transparency and services among other issues. Oniha said...
International Monetary Fund has proposed Antoinette Sayeh, a Liberian national as Deputy Managing Director. This will make the two top management position of the multilateral body occupied...
Federal Inland Revenue Service (FIRS) has given a timeline of April 12, 2020 for all taxpayers and organisations to obtain Tax Identification Numbers (TINs). FIRS expects...
The equities market continued its loss-making trend as the All-Share Index dipped 62bps to 26,808.24 points following price declines in STANBIC , GUARANTY and FBNH. Also, the YTD return turned negative,...
Most bourses in the Gulf fell further on Thursday as a rise in new coronavirus cases outside of China heightened fears of a pandemic. Governments ramped...