Nigeria’s recession deepened in the third quarter and oil production fell, the National Bureau of Statistics (NBS) said on Monday, as dollar shortage kept Africa’s biggest...
The Long-term Issuer Default Ratings (IDR) of Wema Bank have remained Stable at B-, as the rating is driven by Wema’s Viability Ratings (VR). The Bank...
Nigeria’s overnight interbank lending rate fell to 14 percent on Friday from 22 percent last week after the Central Bank of Nigeria repaid matured treasury bills,...
By Chioma Obinagwam The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing capital market studies (CMS) into schools curriculum with the...
By Chioma Obinagwam FMDQ OTC Securities Exchange has welcomed another listing – Sterling Investment Management SPV PLC ₦7.965 billion Series 1, 7-Year 16.50 per cent Fixed...
The Central Bank of Nigeria (CBN) has said it cannot meet the country’s monthly demand for $4.8 billion foreign exchange. In September, only 13.75 per cent...
King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on...
The scheduled report of plea bargain talks between a former acting Director-General of the Nigerian Maritime Administration and Safety Agency, Haruna Jauro, and the Economic and Financial...
Nigeria continued to languish in recession in the third quarter, as its economy shrank 2.24 per cent compared to the same three months in 2015. This...
By Chioma Obinagwam The continual decline of key metrics of the Nigerian equities market- the Nigerian Stock Exchange(NSE) All-Share Index and the Market Capitalisation has not...