Saturday, August 1, 2026
Expectations of a near term MPC rate cut wane on rising yields in developed markets
The expectation of a July 2018 rate cut by Nigeria's Central Bank Monetary Policy Committee (MPC) is looking less certain,...
Read moreDetailsBearish trading drags Nigerian bourse index down 0.06%
Trading activities remained bearish at the Nigerian bourse Wednesday as lead market indices fell 0.06 percent, amidst sell pressures in...
Read moreDetailsNigerian naira strengthens against dollar at IEW, but stays flat on the streets
Nigeria's domestic currency, the naira, strengthened 0.11 percent against the United States dollar on the Investors and Exporters foreign exchange...
Read moreDetailsZinox to hit goldmine if Nigeria’s e-commerce company, Konga, achieves $4bn projected valuation
Zinox Technologies Limited, the Leo Stan Ekeh controlled original technology equipment manufacturer (OEM) and integrated ICT company, which acquired Nigeria's...
Read moreDetailsGlobal fintechs investors launch guidelines on responsible financing
In recognition of the increase in investment opportunities and the rising risk faced by investors in the fintech and financial...
Read moreDetailsU.S-China trade war prompts Canadian farmers to shift planting of Wheat to Canola
Canada’s farmers have been caught up in the escalating trade war between China and U.S, Bloomberg reports. It has caused...
Read moreDetailsTCN Raises $1.57bn in 2-Yrs to Expand, Stabilise National Grid
Usman Gur Mohammed the managing director, chief executive officer of the Transmission Company of Nigeria (TCN), has disclosed that the...
Read moreDetailsADB to provide Bangladesh with $500 mln loan for power plant
An Asian Development Bank (ADB) official on Wednesday says the bank will provide Bangladesh with a $500 million loan to...
Read moreDetailsNigeria raises $1.57bn for power transmission management
Nigeria has raised $1.57 billion for the rehabilitation of its transmission infrastructure from international backers, Usman Gur Mohammed, managing director...
Read moreDetailsRenewed profit taking dampens Nigeria’s stock market as NSEASI dips 0.01%
The Nigerian bourse Tuesday reversed gains from previous session as losses in market bellwethers – INTBREW (-6.1%) and ZENITH (-1.7%)...
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