Nigeria’s External Reserves Dip by 0.68% Amid CBN Projections
Nigeria’s external reserves have experienced a decrease of 0.68%, dropping to $36.620 billion as of August 12, 2024, from $36.872...
UK Annual Inflation Rises By 2.2% for First Time in 2024
Britain's annual inflation rate experienced its first increase this year, climbing to 2.2% in July, according to official data released...
Julius Berger’s Share Price Surges by 34% in Two Weeks
Julius Berger's stock has experienced a remarkable surge, closing at N130.00 on August 13, 2024, marking a 34.02% increase in...
European Markets Open Higher Amid UK Wage Growth Drop to Two-Year Low
European stock markets began the day on a positive note, recovering some ground after recent fluctuations. The Stoxx 600, a...
Asian Markets Climb as Investors Await US Inflation Data
Asian stock markets extended their gains on Tuesday as investors grew more optimistic following a week of heightened concern over...
Nine Companies Secure $25.76 Million in CBN’s Retail Dutch Auction for Loan Repayments
In a recent Retail Dutch Auction conducted by the Central Bank of Nigeria (CBN) on August 6, 2024, nine companies...
NDIC Addresses Payment Delays for Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has provided an update on its efforts to reimburse depositors of the defunct Heritage...
Dangote Group Secures $105.33 Million in CBN’s Latest FX Auction
The Dangote Group has emerged as a significant player in the latest Retail Dutch Auction conducted by the Central Bank...
States Strain Under Surging External Debt Servicing Costs, Hit N139.92 Billion in H1 2024
Nigerian states have faced unprecedented fiscal pressures in the first half of 2024, with external debt servicing costs soaring by...
CBN Clarifies Rules on Capital Importation Certificates for Forex Repatriation and Divestment
The Central Bank of Nigeria (CBN) has released a new circular providing clear guidelines on the procedures and documentation required...
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