Business

CBN stops forex price verification system portal

The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal, effective July 1,…

2 years ago

Stock market rebounds as investors gain N95bn

Breaking three consecutive sessions of losses, the Nigerian stock market rebounds by 0.17 per cent on Wednesday, June 26, 2024,…

2 years ago

Again, investors lose N49bn at stock market

The stock market continued its downward trend on Tuesday, June 25, 2024, as investors sold off banking, consumer, and industrial…

2 years ago

Cardoso: CBN’ll tame inflation via conventional methods

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has reiterated the determination of the bank’s Monetary Policy Committee (MPC)…

2 years ago

Otedola buys additional 2.22% stake in First Bank for N17.2bn

The Chairman of FBN Holdings, Femi Otedola, has acquired an additional 2.22 per cent stake in First Bank. This was…

2 years ago

Investors lose N248 billion at stock market

The Nigerian stock market, on Monday, June 24, 2024, opened on a negative note, with investors losing N248 billion or…

2 years ago

Dangote accuses IOCs of frustrating refinery’s survival

Dangote Industries Limited (DIL) has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of…

2 years ago

CBN: Monthly inflation rate reflects our monetary policy

The Central Bank of Nigeria (CBN) says the reduction in Nigeria’s headline month-on-month inflation rate for a third time in…

2 years ago

Equity market drops by N56bn as investors sell off banking stocks

Losses in Tier-one banking stocks on Friday, June 21, 2024, pushed the stock market indices into negative terrain, making investors…

2 years ago

‘Highest since 1961’: UK public debt hits £2.7trn

United Kingdom public debt rose to levels not witnessed for more than 60 years in May in spite of lower-than-expected…

2 years ago

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