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The Nigerian Economy
Markets + InvestingMarkets & Investing
Aggressive Sell-Off Drives Nigeria Stock Market; ASI Drops 0.15% Amid Profit-Taking
The Nigerian stock market experienced a downturn this week,...
Nigerian Equity Market Rebounds, All Share Index Grows by 0.21%
August 30, 2024.
Azonuchechi Chukwu.
Transactions on the floor of the...
SEC Grants Approval-in-principle to 2 digital Exchanges
August 29, 2024.
Azonuchechi Chukwu.
The Securities and Exchange Commission (SEC)...
Market declines as MTN, others shed weight
August 29, 2024.
Azonuchechi Chukwu.
Nigerian stock market on Wednesday declined...
Stock market extends Gains, as All Share Index Grows by 0.49%
August 28, 2024.
Azonuchechi Chukwu.
The Nigerian stock market on Tuesday...
Stock Market Advances, All Share Index Grows By 0.07%
August 27, 2024.
Azonuchechi Chukwu.
The Nigerian stock market on Monday...
Monetary + Fiscal Policy
Nigeria’s FGN Eurobonds Trade Above 8% Yield Amid Market Volatility – September 6, 2024
As of Friday, September 6, 2024, Nigeria’s Federal Government...
Federal Government to Announce Results of $500 Million Domestic Dollar Bond by Friday
The Federal Government of Nigeria is set to release...
Naira Depreciates by 50% Despite Increased Remittances and External Inflows
Despite a rise in remittances and other foreign inflows,...
Naira Appreciates to N1,615 in Black Market
August 30, 2024.
Azonuchechi Chukwu.
The Nigerian Naira on Thursday strengthened...
Commodities
Nigeria’s Corn Acreage Drops to 5.1 Million Hectares for 2024/2025, Lowest in 14 Years
Nigeria’s corn acreage has fallen to 5.1 million hectares...
Nigeria Leads African Nations in Building Gold Reserves to Cut Dependance on U.S Dollars
Nigeria, along with other African nations, is rushing to...
Nigeria’s Cocoa Processing Industry Slumps to 8% Capacity Amid Economic Challenges
Nigeria’s cocoa processing sector has dwindled to just 8%...
FG Targets 500,000 metric tonnes of cocoa production by 2025
July 17, 2024.
Azonuchechi Chukwu.
The Federal Government on Tuesday says...
Companies + FinanceCompanies & Markets
FBN Holdings to Sell 100% Stake in FBNQuest Merchant Bank to EverQuest Acquisition LLP
FBN Holdings Plc has announced its decision to sell its entire 100% equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This...
“Stanbic IBTC Pension Managers Reaffirms Commitment to Retiree Welfare, Disburses N7 Billion Monthly”
Stanbic IBTC Pension Managers has reaffirmed its dedication to...
Stakeholders Call for Increased Non-Oil Exports at 2024 Zenith Bank Trade Seminar
Stakeholders unanimously called for concerted efforts towards adding...
Zenith Bank Boosts Investor Confidence with N1.00 Interim Dividend as PBT Surges to N727 Billion in H1 2024
Zenith Bank Plc has reported its audited results for...
UBA Business Series: Experts Site Innovation, Persistence, Regular Assessments, Key for Lasting Businesses
August 30, 2024.
Azonuchechi Chukwu.
As part of activities to commemorate...
Nneka Enwereji Appointed MD/CEO of Citibank Nigeria Effective August 19, 2024
Nneka Enwereji has been appointed as the new Managing...
Fidelity Bank champions global trade at Edo Mega Trade Fair 2024
August 28, 2024.
Azonuchechi Chukwu.
Businesses have been encouraged to utilize...
UBA to host Business Series ‘Built to Last’ for African founders, entrepreneurs
August 27, 2024.
Azonuchechi Chukwu.
In line with its commitment to...
BUA Foods Partners with Turkish Firm IMAS to Build Four New Wheat and Flour Mills
BUA Foods Plc, a leading food manufacturing company in...
Ecobank Nigeria Launches Custody Business Following Regulatory Approvals
Ecobank Nigeria Limited has officially launched its custody business,...
State of The Nation
Nigerian national arrested at Pakistan airport with cocaine capsules in stomach
August 30, 2024.
Azonuchechi Chukwu.
The Anti-Narcotics Force (ANF) in Pakistan...
Lagos Govt Staff Quarters Gutted By Fire
August 30, 2024.
Azonuchechi Chukwu.
The two storey building at the...
Police Arrest Lagos Nurse Over Failed Cosmetic Surgery
August 30, 2024.
Azonuchechi Chukwu.
The Police Command in Lagos State...
NLC President Ajaero Released After 1Hr in Police Headquarters
August 29, 2024.
Azonuchechi Chukwu.
The President of the Nigeria Labour...