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NBA-NECouncil Meeting: I Will Never Compromise Bar Professional Standards — NBA President Maikyau to NBA-NEC Members Over Row With BoB
adminDecember 17, 2022
– Faults BoB’s Attempts To Take over Bar Association – Confirms N1.5 Billion Earmarked For Lawyers Finance Scheme Will Take Off After Constitution Amendment The President of the Nigerian Bar…Read More
Naira Enters Devaluation Hotpot over Rising FX Demand
adminDecember 16, 2022
Naira Enters Devaluation Hotpot over Rising FX Demand Traded at N451.33 per the United States (US) dollar on Thursday, the Nigerian naira may have entered a devaluation hotspot after it…Read More
European Central Bank to Unload $5.3trn Bond
adminDecember 16, 2022
European Central Bank to Unload $5.3trn Bond The European Central Bank said on Thursday it would start reducing its 5 trillion euros or $5.3 trillion worth of bond holdings from…Read More
Nigeria’s Bonds, T-Bills Mixed after Spot Rates Crash
adminDecember 16, 2022
Nigeria’s Bonds, T-Bills Mixed after Spot Rates Crash Nigeria’s bond market sustained its rally amidst worsening inflation rate but there was a quiet trading session at the Treasury bills space…Read More
NGX Daily Gain Spikes as Inflation Fears Worsen
adminDecember 16, 2022
NGX Daily Gain Spikes as Inflation Fears Worsen The Nigerian Exchange, NGX, continues to boom as investors keep pumping their investable funds into value, growth stock in the local bourse…Read More
Musk Sells Tesla Shares Worth $3.5 Billion
adminDecember 16, 2022
Musk Sells Tesla Shares Worth $3.5 Billion Tesla Inc. is one of the most talked about companies in the United States (U.S.) across all news items in the last 12…Read More
Fitch Downgrades Kenya to ‘B’ with Stable Outlook
adminDecember 16, 2022
Fitch Downgrades Kenya to ‘B’ with Stable Outlook Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B’ from ‘B+’ with outlook accorded as stable. The downgrade…Read More
US Senate Votes to Ban TikTok
adminDecember 16, 2022
US Senate Votes to Ban TikTok The United States (US) Senate late on Wednesday passed by voice vote a bill to bar federal employees from using the Chinese-owned video-sharing app…Read More
Nigeria’s Inflation Rate Accelerates to 21.47%
adminDecember 16, 2022
Nigeria’s Inflation Rate Accelerates to 21.47% The consumer price index which measures the headline inflation rate in Nigeria accelerated for the 10th straight month to 21.47% in November from 21.09%…Read More
Sub-Saharan Africa to Pay $26.8bn to Service Debts
adminDecember 16, 2022
Sub-Saharan Africa to Pay $26.8bn to Service Debts Debt-ridden African sovereigns are facing rising external debt service payments amidst a harsh economic environment in the continent. This has resulted in…Read More
Naira Sinks to New Low as FX Pressure Worsens
adminDecember 16, 2022
Naira Sinks to New Low as FX Pressure Worsens The Nigerian local currency, the naira, hit a fresh low on Wednesday as Investors and Exporters’ foreign exchange (FX) market amidst…Read More
FG, States, LGs Share N902bn Nov Revenue
adminDecember 16, 2022
The Federal, States and local governments have shared N902.053 billion November 2022 revenue from the Federation Account. This was contained in a statement by the Federation Account Allocation Committee (FAAC)…Read More