News at the speed of light
Nigeria’s equities market ended its two-day winning streak on Wednesday as heavy losses in Nestlé Nigeria and BUA Foods dragged the Nigerian Exchange (NGX) lower, wiping about N800.7…
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 per cent for the second consecutive meeting, citing renewed geopolitical tensions in the…
Nigeria’s stock market has emerged as the world’s best-performing equity market in dollar terms, overtaking South Korea after a strong rally driven by economic reforms, improved foreign exchange…
The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 4.1 per cent in 2026, outperforming the global average as improved macroeconomic stability supports the…
calls for civilian protection, safe humanitarian aid access in Sudan Under the directives of the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan,…
The World Bank has said Nigeria’s greatest fiscal challenge is weak revenue generation rather than excessive borrowing, urging the Federal Government to prioritise measures that will improve revenue…
The Nigerian stock market extended its bullish run on Friday, with investors gaining N3.156 trillion as renewed buying interest in banking, telecommunications and oil and gas stocks lifted…
Nigeria’s efforts to attract increased foreign portfolio investment into its capital market have suffered a temporary setback after global index provider FTSE Russell postponed a final decision on…
European development finance institutions have expanded their investment footprint in Nigeria with the launch of a new €20 million Nigeria Country Window and plans for additional funding to…
The International Monetary Fund (IMF) has expressed concern over Nigeria’s plan to raise up to $5 billion in external financing through a derivatives-based arrangement with First Abu Dhabi…
