According to Tilewa Adebajo, the CEO of The CFG Advisory, if Nigeria's economy is allowed to reach its full potential, it may reach $6. He said that this Thursday in...
Read moreDetailsAccording to Ahmed Dangiwa, Minister of Housing and Urban Development, the nation's housing market has the capacity to spark a $1 trillion economy. Speaking during the recent groundbreaking for the...
Read moreDetailsIn the first half of 2024, the naira has become the world's worst-performing currency. Devaluation, a lack of dollar liquidity, and market volatility have impeded the Central Bank of Nigeria's...
Read moreDetailsAs of June 2024, the Nigerian Autonomous Foreign Exchange Market (NAFEM) is poised to experience its lowest foreign exchange (FX) turnover in five months, highlighting ongoing dollar liquidity challenges impacting...
Read moreDetailsThe net finance costs for major consumer goods companies listed on the Nigerian Exchange Group (NGX) skyrocketed by 1,345% in the first quarter of 2024 compared to the same period...
Read moreDetailsIn the most recent Nigerian Treasury Bills auction, the Federal Government, acting through the Central Bank of Nigeria, raised a total of N284.26 billion. This came when its T-Bill obligations...
Read moreDetailsBy the end of May, the total amount of transactions on the local exchange had reached N2.35 trillion, a rise of 115.40 percent over the first five months of 2023....
Read moreDetailsOn Thursday, the Federal Government announced that by the end of July, N150 billion in loans would be disbursed to manufacturers and micro, small, and medium-sized businesses. Furthermore, it revealed...
Read moreDetailsA digital platform has been introduced by the Nigerian Exchange with the intention of expediting the investing procedure. Temi Popoola, the Group Managing Director of the Nigerian Exchange Group Plc,...
Read moreDetailsEterna Plc's chairman, Gabriel Ogbechie, revealed that the foreign exchange crisis of 2023 cost the business N9.4 billion. He revealed this in a statement provided to The PUNCH at the...
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