Nigeria’s Dollar Bonds Outperform South Africa’s in Bond Market Clash
As Nigeria and South Africa gear up to clash in an African football semi-final, another battle is already decided in...
CBN Confirms Highest Dollar Inflow in 19 Months
In a significant turnaround for Nigeria's economy, the Central Bank of Nigeria (CBN) confirmed the highest dollar inflow the country...
EFCC Launches Task Force to Combat Naira Mutilation and Dollarization
The Economic and Financial Crimes Commission (EFCC) has intensified its efforts to clamp down on currency mutilation and the dollarization...
Senate Demands Details from Finance Minister on N100 Billion Gas Project
The Senate Committee on Gas has issued a stern ultimatum to the Minister of Finance, Wale Edun, giving him seven...
FSL Securities Forecasts Increased Bond Activity in 2024 Amidst Government Budget Deficit
In its Economic Review and Outlook for 2024 themed "Navigating the Tides," FSL Securities Limited has projected a surge in...
CBN’s Hawkish Leap: CBN Signals Aggressive Shift in Monetary Policy with Striking Treasury Bill
Rate Surge in a decisive monetary policy maneuver, the Central Bank of Nigeria (CBN) has sent shockwaves through the financial...
Global Markets Sail Through Mixed Winds with Positive Currents
In the vast expanse of global markets, a diverse panorama unfolds as futures charts hint at a predominantly positive journey....
Mobile Money Transactions to Hits N46.6 Trillion in 2023-NIBSS
According to data released by the Nigeria Inter-Bank Settlement Systems (NIBSS), licensed mobile money operators like Opay, Palmpay, and 15...
No Plan to Convert Domiciliary Account Dollars to Naira Vows CBN
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), attributed the depreciation of the naira to the increasing...
FBN Holdings Reports N350 Billion Foreign Exchange Loss in 2023
FBN Holdings, a prominent banking entity in Nigeria, has disclosed a significant foreign exchange loss of N350.3 billion for the...
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