CBN Interest Rate to Hit 20% –Societe Generale Forecasts
CBN Interest Rate to Hit 20% –Societe Generale Forecasts As the fight against rising headline inflation begins to get messy, Societe Generale has said that the Central Bank of Nigeria…
Market Index Spikes as Etransact Lists Additional Shares
Market Index Spikes as Etransact Lists Additional Shares The Nigerian Exchange performance indicators inch upward on Wednesday as Etransact lists more shares and equities investors’ seen taking a position in…
Oil Falls over Rising US Crude Stockpiles
Oil Falls over Rising US Crude Stockpiles Amidst rising US stockpiles, crude oil prices fell on Wednesday over weak demand signals fueled by a more-than-expected rise in US crude oil…
CBN Justifies Rates Hike as Measure to Battle Inflation
CBN Justifies Rates Hike as Measure to Battle Inflation The Central Bank of Nigeria (CBN) says its Monetary Policy Committee (MPC) decision to increase Monetary Policy Rate (MPR) is to…
Money Lending: FCCPC Wants Unregulated Operators to Comply with CBN Standards
Money Lending: FCCPC Wants Unregulated Operators to Comply with CBN Standards The Federal Competition and Consumer Protection Commission (FCCPC), has urged unregulated digital money lending entities to comply with Central…
Sukuk Issuance Slowdown after 5-Year Record Streak –Report
Sukuk Issuance Slowdown after 5-Year Record Streak –Report Global Sukuk issuance in 2021 set a new record for the fifth consecutive year, reaching a total of $196.5 billion, Refinitiv said…
Nigeria@62: FG Declares Monday October 3 Public Holiday
The Federal Government has declared Monday October 3, 2022, as public holiday to mark the nation’s 62nd independence anniversary celebration. The Minister of Interior, Ogbeni Rauf Aregbesola, who made the…
Court Orders British P&ID Director’s Arrest
A Federal High Court in Abuja has revoked the N100 million bail granted to a British national and director in the controversial firm, Process and Industrial Development Limited (P&ID) –…
Sweden And Denmark Say Nord Stream Pipeline Blasts Were Deliberate Attacks
Explosions under the Baltic Sea and the rupture of major natural gas pipelines from Russia to Germany appeared to be a deliberate attack, officials across Europe said on Tuesday, deepening…
Soludo Condemns Killing Of Soldiers In Umunze, Says No Hiding Place For Perpetrators
Anambra State Governor, Chukwuma Soludo has strongly condemned the killing of soldiers who were ambushed on a routine patrol at Umunze by yet-to-be-identified gunmen in Orumba South Local Government Area…