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Market participants believe that the Central Bank of Nigeria's (CBN) latest hawkish stance to raise interest rates by 17.5% will dampen investor demand for equities and encourage investors to shift...

Dangote Cement Plc's Board of Directors has approved the appointment of Arvind Pathak as the company's Group Managing Director, effective March 1. This was revealed in a statement signed by...

Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA), has identified factors that make Nigeria's ICT industry appealing to investors. These factors, according to him, include Nigeria's large...

On Saturday, Bitcoin reached a high of $20.9k, losing money for short sellers who had bet against its rise. The market's leading cryptocurrency has been rising all week as a...

Mr. Johnson Chukwu, Managing Director of Cowry Asset Management Limited, has stated that the Central Bank of Nigeria's (CBN) hawkish monetary policy, which saw a further increase in interest rates...

In 2022, the naira's value against the US dollar reached historic lows, particularly in the black market. The naira continued to deteriorate as the Central Bank of Nigeria (CBN) attempted...

Nigeria is the most populous country in Africa and the largest economy on the continent, but it has struggled with economic growth in recent years. The incoming administration, led by...

On January 1, 1973, Nigeria gave birth to a new legal tender known as the naira. After breaking ties with the pound, the country introduced a new currency still in...

The Nigerian stock market ended 2022 on a high note, with a year-on-year increase of 19.98%. The All Share Index closed at 51,251.06 points and N27.915 trillion, respectively. The All...

Over the years, the global real estate sector has seen a flood of investments, with funding for commercial real estate reaching a whopping US 1.3 trillion in 2021 (a 55%...