Business

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm…

Nigeria’s inaugural domestic dollar-denominated bond has significantly contributed to the nation’s debt stock, adding a substantial N1.47 trillion. This bond, as per the latest domestic debt report from the Debt…

MTN Group has completed the sale of its operations in Guinea (MTN Guinea-Conakry) to the State of Guinea. The deal was finalized on December 30, 2024, as part of MTN’s…

In 2024, the Nigerian capital market stood as a testament to remarkable resilience and adaptability, defying macroeconomic challenges and policy shifts to carve out a year of transformation. Despite the…

Former President Olusegun Obasanjo has criticized the Nigerian National Petroleum Company Limited (NNPCL) for disrespecting his office. The criticism follows an open invitation to tour the refurbished Port Harcourt and…

The Central Bank of Nigeria (CBN) reported a 63.7% increase in remittance inflows through international money transfer operators (IMTOs) for the first nine months of 2024. Inflows rose from $2.33…

The Securities and Exchange Commission (SEC) is setting its sights on transforming Nigeria’s commodities exchanges into powerful engines of economic growth, job creation, and poverty reduction. In a recent meeting…

Bismark Rewane, Chief Executive of Financial Derivatives and a well-known economist, has criticized President Bola Ahmed Tinubu’s 15% inflation target for 2025, calling it unrealistic and merely aspirational. During an…

The Nigerian Exchange Limited (NGX) has seen a significant increase in trading activity, with total transactions hitting an impressive N5.59 trillion in 2024. This marks a remarkable rise in market…

The Central Bank of Nigeria (CBN) has imposed a new restriction on the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). Starting from January 10, 2025,…