NIH Invests $75m to Catalyse Data Science Research in Africa
NIH Invests $75m to Catalyse Data Science Research in Africa Nigerian researchers to benefit as National Institutes of Health, a part of the United States department of health and human…
FBNH, FIDELITY, STERLING, and UBA Drive Midday Loss
FBNH, FIDELITY, STERLING, and UBA Drive Midday Loss FBN Holdings, Fidelity, Sterling and United Bank for Africa Plc are currently driving midday loss on the Nigerian Exchange, according to the…
Fixed Income Investors See Yields Jump in Short, Mid-Tenor Bonds
Fixed Income Investors See Yields Jump in Short, Mid-Tenor Bonds Federal Government Bond market sees yields uptrend on Tuesday trading session as yields on debt instruments jumped but with a…
Bank Relied on Forged Document for Transactions on My Account –Hotelier
Bank Relied on Forged Document for Transactions on My Account –Hotelier A hotelier, Mr Babatunde Emmanuel on Wednesday before an Ikeja Special Offences Court, alleged that Access Bank Plc, relied…
Oil Dips as US Stocks Rebound Amid Weak Demand in Asia
Oil Dips as US Stocks Rebound Amid Weak Demand in Asia Oil dips mid-week as the United States crude stocks rebound more than expected amidst weak demand in the Asian…
NGX Halts Uptrend as FBNH, Nestlé Stocks Drive Day Loss
NGX Halts Uptrend as FBNH, Nestlé Stocks Drive Day Loss The Nigerian Exchange (NGX) halts the uptrend seen in the past five days as FBNH, Nestlé Plc.’s stocks drive loss…
Naira: Central Bank Delaying Inevitable Devaluation –Expert
Naira: Central Bank Delaying Inevitable Devaluation –Expert Naira, the Nigerian local currency, according to some investment banking experts, is overpriced but a devaluation would put further pressure on Nigerians. But…
Yield on T-Bills Declines as Investors Go Short
Yield on T-Bills Declines as Investors Go Short The average yield on Nigerian Treasury Bills declines further mid-week as investors go short, selling off long-dated fixed income instruments amidst robust…
Hassan-Odukale Largest Single FBN Holdings Shareholder –Official
Hassan-Odukale Largest Single FBN Holdings Shareholder –Official The Chairman of FBN Holdings (FBNH), Mr Tunde Hassan-Odukale, has been confirmed as the largest single shareholder of the company, according to a…
CBN Warns Nigerians Against Fraudster as Google Removes eNaira App
CBN Warns Nigerians Against Fraudster as Google Removes eNaira App The Central Bank of Nigeria (CBN) has advised Nigerians to be wary of fraudsters who have been posting fraudulent messages…
Stanbic IBTC Promotes Strategic Agenda for Youth Productivity
Stanbic IBTC Promotes Strategic Agenda for Youth Productivity Determined to further strengthen the strategic position young Nigerians occupy in the country, Stanbic IBTC, a member of Standard Bank Group, has…
eNaira to Grow Nigeria’s GDP by $29 Billion —Buhari
eNaira to Grow Nigeria’s GDP by $29 Billion —Buhari President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by $29…
Malian Government Asks ECOWAS Rep to Leave Country in 72 Hours
Malian Government Asks ECOWAS Rep to Leave Country in 72 Hours The Malian government has declared the Special Representative of the Economic Community of West African States (ECOWAS) “persona non…
United Capital Unveils N150 Billion Infrastructure Fund
United Capital Unveils N150 Billion Infrastructure Fund United Capital Plc has launched a N150 billion United Capital Infrastructure Fund (UCIF), a Naira-denominated fund, established to provide long-term financing for the…
Nigerian Treasury Bills Yield Spikes as Naira Trades Flat
Nigerian Treasury Bills Yield Spikes as Naira Trades Flat Riding far behind the headline inflation rate, the average yield on Nigerian Treasury Bills spikes 14 basis points to 5.52% in…
Brent Price Crossed $85 amidst Global Energy Crunch
Brent Price Crossed $85 amidst Global Energy Crunch Brent price rises above $85 a barrel on Monday as global energy crunch persists with a notable and sustained increase in oil…
NGX Sees N27bn Gain over Buying Interest in Banking Stocks
NGX Sees N27bn Gain over Buying Interest in Banking Stocks The Nigerian Exchange (NGX) sees N27 billion gain on Monday over buying interest in financial service sector stocks led by…