Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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Subsidy Removal: NLC May Embark On Fresh Strike If Talks With Govt Fail
As the ultimatum issued by the Nigeria Labour Congress (NLC), to the Federal Government to address the challenges caused by the removal of subsidy on petrol expires today, there is an air of uncertainty as to whether the union would embark on
Sterling, Union, Fidelity, Others Lose N12.2bn To Electronic Fraud In 6 Months- Interswitch
The Nigerian banking industry is reeling from the staggering revelation that it lost a jaw-dropping N12.2 billion to electronic payment fraud in the first half of 2023, according to a report unveiled by Interswitch. This alarming figure underscores the persistent security challenges
OANDO Leads Top Losers As JOHNHOLT, OMATEK, Lead Gainers
In a market day marked by red numbers, the Nigerian Exchange (NGX) showcased its resilience as it closed in negative territory on Thursday. Despite equities declining further amid high trading volume, market players found glimmers of hope in the midst of the
USD Drops To N475/$1 Officially, Edges Closer To N1000 In Black Market
The United States Dollar (USD) experienced a significant dip, hitting a low of N475/$1 in the investors’ and exporters’ window of the official market, as reported by FMDQ Exchange on Wednesday. This downturn in the USD’s value sent ripples through the forex
Shelter Afrique, DRC Partner To Provide Affordable Housing In Africa
Shelter Afrique, the Pan-African housing development financier, has joined hands with the Democratic Republic of Congo (DRC) to forge a new era of affordable housing. The memorandum of understanding (MoU) signed today in Kinshasa promises not only to reshape the DRC’s housing
Hobbies That Pay Off: 8 Steps To Turn Your Passion Into A Lifestyle Business
It was Nelson Mandela who said that “There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” Wes Moore, founder and CEO of the Maryland-based scholastic
Nigerian Stock Market: Sunu Assurance, Berger Shine In Downturn
In a display of resilience, the Nigerian stock market weathered a minor dip on Wednesday, with the equity capitalization decreasing by a marginal 0.03 percent. While this translated to a dip of N12.86 billion in market capitalization from N37.41 trillion to N37.40
Nigeria Continues Subsidy As ₦617 Pump Price Retained Despite Crude Nearing $100 Per Barrel
There are feelers that the Nigerian government has quietly restored the fuel subsidy removed few months ago as it appears to maintain the price cap of ₦617/per litre even when the prices of crude oil in the international market have surged and
Dollar Surges, Naira Drops To N965/$1 In Black Market
In a surprising turn of events, foreign exchange authorized dealers operating in the investors’ and exporters’ (I&E) window exhibited a slight uptick in the exchange rate of the US dollar to N776.60/$1 on Tuesday, representing a marginal increase from the previous day’s
CPPE Unveils Blueprint For Economic Resilience, Roles Of Stakeholders
In a dynamic and insightful presentation, Dr. Muda Yusuf, the CEO of the Centre for the Promotion of Private Enterprise, outlined a comprehensive roadmap for building a resilient economy in an emerging administration, emphasizing the critical roles of stakeholders. Speaking at the
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Investors Reposition As US-China Trade Deal Nears Completion
Japan's Nikkei 225 has surged beyond 50,000 for the first
‘With No More Fed Cuts This Year, US Risks Stagflation’
The decision came amid a sharp split inside the Fed:
INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi
Leadership in investment immigration goes beyond market share or brand
Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by
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