Saturday, June 13, 2026
Naira held hostage by local, foreign interests, say operators
Nigeria’s forex markets lack transparency N520â€/$; ‬N550â€/$ ‬near The naira, Nigeria’s domestic currency is under siege. After years of providing...
Read moreDetailsInflation to stimulate money flow into equities assets, say analysts
As market posts highest gain in 7 weeks; 94% rise in turnover By Omobayo Azeez A massive inflow of funds...
Read moreDetailsISPs, VAS operators, others bear COVID-19 brunt as telcos flourish
Experts rally support for ailing IT players By Omobayo Azeez In the wake of the Coronavirus pandemic, the Nigerian telecoms...
Read moreDetailsNaira weakness is hurting private sector – MAN
As Nigeria grapples with falling revenue and depreciating oil prices, members of the organised private sector have expressed worry about...
Read moreDetailsHow FG ‘ll fund 2020 budget, achieve15 percent revenue-GDP ratio–Finance minister
Zainab Ahmed, the minister of finance, budget and national planning, said the federal government has no revenue worries any more...
Read moreDetailsDangote Cement leads 8 others to lift NSE to N177bn gain
As investors await Dangcem’s HY numbers, share buyback action By Omobayo Azeez Dangote Cement Plc (Dangcem), leading a group of eight other gaining stocks,...
Read moreDetailsOil up on weaker dollar, high U.S. inventory
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising...
Read moreDetailsWe don’t know NIRSAL’s eligibility criteria for CBN intervention funds, we didn’t get it, SMEs lament
The dust generated by the alleged refusal of NIRSAL Microfinance Bank to disburse the N50 billion CBN Covid-19 intervention fund...
Read moreDetailsInvestors migrate to bonds market as FG bond subscription level hits 350 percent in July
Hunger for profit maximisation as well as the dearth of profitable investment instruments compelled investors to migrate to the bonds...
Read moreDetailsCBN approves N50bn one-off seed fund to revamp Nigerian textile industry
By Omobayo Azeez The Central Bank of Nigeria (CBN) has approved N50 billion intervention fund for the revamping of Nigerian...
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