Investors Lose N67bn As Nigerian Exchange Dips: Market Sentiment Turns Sour
Thursday saw equity investors witnessing a setback as the Nigerian Exchange resumed its descent, resulting in a loss of N67 […]
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Cryptocurrency Laundering Declines by 29%-Chainalysis
According to a recent report from Chainalysis, the laundering of money through cryptocurrency exchanges saw a significant drop of 29%
Investors Gain N165bn As ASI Appreciates By 0.30%
After enduring a two-day downturn, the Nigerian equity market bounced back into positive territory on Tuesday, infusing investors with renewed
NNPCL Destroys 82 Illegal Refineries In Niger Delta In 1 Week
In a relentless crackdown on oil theft and vandalism, the Nigerian National Petroleum Company Limited (NNPCL) disclosed the obliteration of
Naira Drops To N1,900/$1 At Official Markets As Market Volatility Sparks Concerns
The Nigerian naira experienced a marginal uptick against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM)
Nigeria Govt Plans To Raise $10bn To Boost Foreign Exchange As Naira Trades Above N1,850
In a bid to stabilize its fluctuating currency, Nigeria’s Federal Government unveils plans to raise $10 billion to bolster liquidity
Nigerian Equity Market Suffers Second Consecutive Day Of Losses As ASI Drops By 1.30%
The Nigerian equity market witnessed another day of decline, shedding N730 billion on Tuesday, marking the second consecutive day of
Nigerian Red Cross Issues Alert On Worsening Hunger Crisis With Over 26.5 Million In Acute Need
The Nigerian Red Cross Society (NRCS) has raised a red flag on the worsening hunger crisis in the country, calling
Naira Traded For Over N2,000/1£ Amid Persistent Forex Demand
In a reflection of Nigeria’s economic challenges, the local currency, the naira, has breached the 2,000-naira mark against the British
86 Government Agencies, Including Aso Villa, Military Headquarters, CBN Face Power Disconnection Over N47bn Debt
In a startling development, the Abuja Electricity Distribution Company (AEDC) has issued a stern warning to 86 government ministries, agencies,