CBN Raises Import Duty Exchange Rate Amid Naira’s Continuous Depreciation
The Central Bank of Nigeria (CBN) has once again adjusted the official exchange rate used for clearing imported goods at...
Economists Urges Fiscal and Monetary Policy Alignment for $1 Trillion GDP Goal
In a bid to achieve a $1 trillion Gross Domestic Product (GDP) economy in the next seven years, Nigerian economist...
Commercio Partners Investment Analyst, Dr. Ubah, Urges Adoption of E-Naira
In a recent report published by Commercio Partners, attention has been drawn to the potential benefits of Nigeria's Central Bank...
Dangote Refinery Set to Make Historic Fuel Cargo Export
Africa’s largest oil refinery, the Dangote Refinery, has taken a significant step forward in its operations by initiating tenders to...
Naira Closes Above N1500/$1 Amid Declining Forex Turnover
The Naira experienced a significant depreciation, closing above N1500/$1 in recent trading sessions. This was accompanied by a notable decline...
FG Plans to Borrow N2.5 Trillion Through Bonds – DMO
The Federal Government of Nigeria is set to embark on its second Federal Government of Nigeria (FGN) bonds auction for...
Heineken Shares Drops By 6.5%, Investors Shares Concerns
In an announcement on Wednesday, global brewer Heineken (HEIN.AS) cautioned investors that its 2024 profit could fall significantly below analyst...
Zambia’s Central Bank Raises Interest Rates to 12.5% in Effort to Tame Inflation
In a bid to curb inflation and stabilize the country's currency, Zambia's central bank has implemented its fifth consecutive interest...
UK Inflation Holds Steady at 4% in January Amid Easing Prices
In January, the United Kingdom's inflation rate remained unchanged at 4% year-on-year, buoyed by decreasing prices for furniture and household...
NGX Witnesses N183 Billion Decline Due to Profit-Taking Activities
In a turn of events on the Nigerian Stock Exchange, investors witnessed a decline in market capitalization to the tune...
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Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction
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