Tuesday, August 4, 2026
World stocks lifted to 2 1/2-month highs by trade optimism
Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2...
Read moreDetailsReserves fall to two-month low of $42.86bn
The nation’s foreign exchange reserves have fallen to $42.86bn, the lowest level in two months, the latest data from the...
Read moreDetailsN542bn setback for business, economy as INEC shift polls
By Moses Obajemu The nation may have suffered a monumental economic loss of about $1.5 billion (N542 billion) as...
Read moreDetailsFIRS puts a 30-day hold on freezing of companies’ bank accounts
Nigeria’s tax office, the Federal Inland Revenue Service (FIRS) has announced a temporary suspension on plans to freeze bank accounts...
Read moreDetailsInflation rate drops to 11.37 per cent in January, says NBS
The National Bureau of Statistics on Friday released the Consumer Price Index which measures inflation. The index dropped to 11.37...
Read moreDetailsStock market rebounds 0.12% on gains in high caps
Nigeria's equities market rebounded Thursday following price appreciation in Unilever (+6.8%), Dangote Cement(+0.5%) and UBA (+1.3%). As a result, the...
Read moreDetailsOil prices traded higher amid sanctions on Venezuelan oil
Crude oil futures traded higher Thursday as market participants remained concerned about global oil supply tightness as a result of...
Read moreDetailsFG to auction N150bn bond next week
The Debt Management Office (DMO) has said the federal government would auction N150bn worth of bonds by subscription on February...
Read moreDetailsJPMorgan to use cryptocurrency for corporate-payments business
JPMorgan Chase & Co. successfully tested a cryptocurrency it plans to use in trials for clients of its wholesale-payments business....
Read moreDetailsInvestors see more Nigeria gains if opposition wins election
The recent rally in Nigerian assets may pick up steam if there’s a change in government after this weekend’s presidential...
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