The Nigerian Naira was ranked as one of the worst-performing currencies in sub-Saharan Africa by the World Bank. This was…
Latest Financial analysis News
The naira significantly depreciated against the dollar, dropping to ₦1658.97 per dollar on Tuesday from ₦1552.92 on Monday, reflecting a…
The Federal Government of Nigeria, through the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, revealed…
Geregu Power Plc, Nigeria’s first listed power generation company, has reported a significant rise in its nine-month 2024 financial results,…
Petroleum marketers have scheduled a meeting with the Department of State Services (DSS) on Wednesday, 9 October 2024, to discuss…
The Apapa Port Command of the Nigeria Customs Service (NCS) announced a record revenue collection of ₦1.6 trillion by the…
The revenue of Nigerian electricity distribution companies (Discos) rose to ₦887.86 billion in the first seven months of 2024, largely…
The naira saw further appreciation against the dollar at the foreign exchange market, closing the week on a positive note.…
President Bola Ahmed Tinubu announced that his administration has cleared a ₦30 trillion “ways and means” loan from the Central…
Banks’ borrowing from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) surged by 117.2 percent month-on-month…
