By Modupe Gbadeyanka In the third quarter of 2017, Nigeria recorded a growth in its Gross Domestic Product (GDP) by 1.4 percent, data released today by...
By Dipo Olowookere As the Central Bank of Nigeria (CBN) holds its last Monetary Policy Committee (MPC) meeting this week, many observers are not expect any...
By Dipo Olowookere A deal worth $1.7 billion that would increase crude oil production in the country by about 39,000 barrels per day has been completed...
By Dipo Olowookere About 158 protesters and members of the Otodo-Gbame community in Lagos, who were apprehended last week, have now been released. The Lagos Police...
By Cowry Asset In the just concluded week, local OTC bond prices appreciated across the maturities due to resumed bargain hunting activity. Specifically, the 20-year, 10.00%...
By Dipo Olowookere Fitch has announced placing a ‘B+(EXP)’ rating on the $2.5 Eurobonds issuance by the Nigerian government in the coming days. Last week, precisely...
By Cowry Asset In the week under review, CBN sold Treasury Bills (T-Bills) worth N92.510 billion via Open Market Operations (OMO). Also, treasury bills worth N119.94...
By Cowry Asset This week, in line with our expectation, the Naira/Dollar exchange rate was relatively stable week-on-week at the interbank market (NIFEX), Bureau De Change...
By Modupe Gbadeyanka One of the leading logistics companies in Nigeria, Trans-Nationwide Express Plc (Tranex), has listed additional 270,027,370 ordinary shares on the trading platform of...
By Modupe Gbadeyanka The Naira continued its fall at the parallel market on Friday, declining against the three major foreign currencies at the foreign exchange (forex)...
