Browsing: Business & Economy

The parallel market exchange rate has experienced a substantial decline, reaching a low point of N2050 per Great Britain Pound (GBP), reflecting persistent demand pressures that…

Newly listed Transcorp Power shares commenced trading a day after their debut on the NGX board, featuring over 16.9 million shares fully bid with zero offers.…

The naira gained for the fourth straight day on Monday as the embattled currency extended its longest winning streak in over a month. The naira, which…

The International Monetary Fund (IMF) has warned that price caps on fuel and electricity tariffs below the cost recovery could result in a fiscal cost amounting…

Transcorp Power Plc, a key player in Nigeria’s energy sector, recently marked a significant milestone in its corporate journey with its listing on the Nigerian Exchange…

On Monday, distinguished corporate professionals and political figures in Nigeria gathered to commemorate and honor the legacy of the late Chief Executive Officer of Access Corporation…

A lower level of debt reduces a company’s exposure to financial risks, making it less susceptible to fluctuations in interest rates and economic downturns. This can…

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the official market. This marks the strongest…

The Debt Management Office (DMO) has initiated the subscription process for two-year and three-year Federal Government of Nigeria bonds for March 2024 with an interest rate of…

The National Bureau of Statistics (NBS) recently released consumer price index (CPI) data for January 2024, revealing a significant escalation in the cost of imported food…