Monday, August 24, 2026
Naira slips to N521/$1 in street trading with dollar scarcity amid unmet FX demands
FX Market Currency pressure stemming from the increasing demand for the greenback, which is scarce at the moment, has continued...
Read moreDetailsTechnology drives global insurance M&As, record 197 deals in H1’21
Middle East, Africa records only 5 deals One hundred and ninety seven mergers and acquisition (M&A) deals were...
Read moreDetailsNNPC to deploy electronic system in monitoring fuel distribution
By Onome Amuge The Nigerian National Petroleum Corporation (NNPC) plans to deploy electronic tracking devices to monitor fuel distribution...
Read moreDetailsNigeria bourse, NGX, marks 60 years, pays tribute to founding fathers
In commemorating its Diamond jubilee milestone, the Nigerian Exchange (NGX) Limited, has paid a glowing tribute to the founding fathers...
Read moreDetailsBanking stocks, MTN lead as NGX’s securities lending market reaches N513m
The value of the NGX’s securities lending market has risen to N513 million as at August 2021 with an uptick...
Read moreDetailsOil prices record gains as surging demand gives investors optimism
By Onome Amuge Oil prices recorded gains on Tuesday as reports of surging demand in top consuming countries raised...
Read moreDetailsReserves accretion seen as Nigeria gets $3.35bn share of historic IMF $650bn SDR
With the historic $650 billion Special Drawing Rights (SDRs) from the International Monetary Fund (IMF) taking effect already, Nigeria could...
Read moreDetailsCBN’s aggressive CRR policy stunts banks’ ROE growth, says Agusto & Co
Nigeria’s banking industry’s possible 31.6 percent return on equity (ROE) achievement was stunted in 2020 by an aggressive Central Bank...
Read moreDetailsSingapore ramps up economic relationship with Africa, posts 20% project growth
The number of projects facilitated by Singapore companies in Africa, majorly in the infocomm media (ICM), urban infrastructure and food...
Read moreDetailsObaseki links lagging Naira, economy to high food imports, low production
By Onome Amuge Nigeria will not be able to get sufficient foreign exchange and the value of the naira...
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