Africa’s Debt to Stay Above Pre-Pandemic Levels Through 2025,Africa’s public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk...
Central Bank of Nigeria Monetary Policy Committee has said that the nation’s gross external reserves stood at $34.51 billion on February 20, 2024, compared with $32.23...
Today, the domestic bourse extended losses from the previous session, as the All-Share Index lost 1.38% to close at 100,582.89 points. Selloffs in MTNN (-9.94%), FBNH...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says the Naira is grossly undervalued. Cardoso said this on Tuesday in Abuja, while...
Opening the week, the domestic bourse nudged slightly lower, outturning the gains from the previous session, bringing the All-Share Index down by 0.09% to close at 101,995.21 points. Bearish...
Shares of Rivian Automotive Inc. rose Monday, but only after it just suffered its worst week since going public, in the wake of the electric-vehicle maker’s...
Africa Finance Corporation (AFC), a leading infrastructure financier, has pledged up to US$40 million to support the construction of the African Medical Centre of Excellence (AMCE)...
The Nigerian equities market was bullish today as the All-Share Index (ASI) rose 0.84% to close at 102,088.07 points. Buy interests in BUAFOODS (+6.27%), FBNH (+6.90%),...
President Bola Tinubu has approved the appointment of a new four-man management team for the Asset Management Corporation of Nigeria (AMCON), pending their confirmation by the...
Afreximbank’s President and Chairman of the Board of Directors, Professor Benedict Oramah and his delegation, were invited to an audience at Abuja’s State House with Nigeria’s...
The Nigerian Senate has endorsed the nomination of Olayemi Cardoso as the chairman of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). The...
Executive Director of Cell HUB, a leading data mining and public relations company, Idris Etanami Usman, has expressed grave concerns over the economic crisis plaguing the...
Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.30% to close at 101,362.38 points. Gains in BUACEMENT (+4.93%), UBA (+0.21%), and...
Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 1.30% to close at 101,060.67 points. Bearish sentiment in BUACEMENT (-9.98%),...
Opening the week, the local bourse lost 3.15% as the benchmark Index settled at 102,393.23 points. Selloffs of industrial heavyweight, DANGCEM alongside MTNN and ZENITHBANK offset gains in GEREGU, TRANSCORP and...