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...
Interest Rates Expected to Rise as CBN Plans Record N1 Trillion Treasury Bill Auction
Recent indications point towards a potential increase in Nigeria's interest rates ahead of the upcoming treasury bills auction, signaling a...
Naira Weakens at Official Market as Banks Sell $584 Million
The official Nigeria Autonomous Foreign Exchange Market witnessed a surge in foreign exchange transactions, reaching a staggering $584 million, as...
NCC Urges States to Slash Telecom Taxes to Boost Industry Growth
In a bid to foster the growth of Nigeria's telecommunications industry, the Nigerian Communications Commission (NCC) has called on states...
British Oil Giant Shares Surge 5% as Oil Giant Unveils Shareholder Return Plan
Shares of BP rallied over 5% on Tuesday following the British oil giant's announcement to bolster shareholder returns through increased...
