THE Nigerian Naira value was down by 7.08% against the US Dollar at the Investors’ and Exporters’ FX Window, closing at a rate of N773.50, according to data from FMDQ …
THE worsening price level is far from receding, Nigeria’s headline inflation rate is expected to run amok in the financial year 2023, as analysts’ consensus shows the running consumer price …
Crude oil prices rose to $90 per barrel for the first time in 2023 due to supply tightening and, a stronger US dollar. The oil market moved higher with ICE …
The average return on Nigerian Treasury bills closed flattish in the secondary market on Tuesday ahead of the Central Bank of Nigeria (CBN) primary market auction on Wednesday. As a …
PZ Cussons Nigeria Plc’s core shareholder ( PZ Cusson Holdings Limited) has announced an offer of N22.28 billion to take out the minority interest in the company, according to a …
Guaranty Trust Holding Company (GTCO) Plc’s profit settled at N280.482 billion in the first half of 2023, from N77.557 billion in the comparable period, a push that was majorly supported …
Stanbic IBTC Holdings Plc doubled down its earnings performance in the first half of 2023, a review of the financial services group’s audited financial statement submitted to the regulator showed …
The Nigerian Exchange (NGX) equities segment opened the week on a positive note as the consumer goods index pushed market capitalisation upward by more than N324 billion. The market maintained …
Crude oil prices rallied early on Monday as investors awaited the release of Chinese economic data as well as comments from US Federal Reserve (Fed) officials to obtain guidance on …
The average on Nigerian Treasury bills (NTB) slumped to 8.2% after higher spot rates were offered at the Central Bank primary market auction conducted last week. In the secondary market, …