Nigerian Stock Market Hits 15-Year High Amidst Central Bank Governor Suspension
The Nigerian stock market witnessed a significant surge on Tuesday, reaching its highest level since July 2008, following the suspension...
JPMorgan Chase Reaches Tentative Settlement with Jeffrey Epstein’s Sexual Abuse Victims
JPMorgan Chase has reached a tentative settlement with the victims of Jeffrey Epstein, the late financier accused of sexual abuse,...
Folashodun Adebisi Shonubi Appointed Acting CBN Governor as Emefiele Suspended
In a swift response to the suspension of Godwin Emefiele as the Central Bank Governor, President Bola Ahmed Tinubu has...
Gbadebo Rhodes-Vivour Criticizes Proposed Property Rights Law In Lagos
Gbadebo Rhodes Vivour, the Labour Party candidate for the Lagos State governorship in the upcoming 2023 election, has condemned the...
Aircraft Used For Nigeria Air Was Chartered Flight From Ethiopian Airlines — MD
The Interim Managing Director of Nigeria Air, Capt Dapo Olumide, appeared before the Senate Committee on Aviation on Tuesday to...
Nigeria’s Q1 Imports Decline by 25.83%, Reaching N5.56 Trillion
Nigeria experienced a significant decline of 25.83% in total imports during the first quarter (Q1) of 2023, dropping from N7.5...
OPEC+ Agrees on Production Cuts to Stabilize Crude Oil Prices
Vienna, Austria – The Organization of Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have reached an...
Shipping Workers Commence Indefinite Strike over Poor Wages and Working Conditions
Lagos, Nigeria – Following the directive of the Maritime Workers Union of Nigeria (MWUN), employees of shipping companies in all...
SERAP Calls on Tinubu to Probe Alleged Missing $2.1bn and N3.1tn Subsidy Payments
Lagos, Nigeria – Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to initiate a thorough investigation...
NGX Market Cap Grrows By N21bn
The market capitalisation of the Nigerian Exchange Limited increased by N21 billion by the close of trading activities on Thursday.
CBN Debunks Naira Devaluation Reports
The Central Bank of Nigeria has debunked reports that it devalued the naira.
Dollar Crashes To N726 At Black Market Following CBN’s Devaluation Policy
The value of the dollar fell against the naira to N726 at the black market as the Central Bank of Nigeria devalued the naira.
CBN Devalues Naira As Currency Exchanges For N630/$
The Central Bank of Nigeria has devalued the naira as the currency traded for N630 a dollar at the Investors & Exporters window on Thursday.
Stock Market Reacts Positively To Tinubu’s Inauguration As Investors Gain N1.5trn
The local stock market recorded a sharp rise in value following the inauguration of President Bola Ahmed Tinubu on Tuesday, OduNews reports.
Zimbabwe’s Treasury Implements Measures to Boost Local Currency and Curb Inflation
In a bid to bolster the value of the local currency and control rising consumer inflation, Zimbabwe’s treasury has introduced...
President Tinubu to Review Currency Swap Policy and Unify Exchange Rate
President Bola Tinubu has announced plans to review the currency swap policy implemented by the Central Bank of Nigeria (CBN)...
Global Stocks Rise as US Debt Deal Offers Hope
Global stocks and oil prices experienced gains on Monday as investors cautiously welcomed news of an agreement that could prevent...
NBS: Nigeria’s GDP Falls To 2.31% In Q1’23
The Gross Domestic Product growth in Nigeria fell to 2.31% in the first quarter of 2023 from 3.52% in the last quarter of 2022.
Local Stock Market Grows By N138bn
The Nigerian Exchange (NGX) Limited closed on a positive note on Tuesday as investors gained N138 billion.
Bulls Dominate Local Stock Market As Investors Rake In N98bn
NGX closed in positive territory on Monday with investors gaining N98 billion by the close of trading activities.