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Naira Appreciates as Dollar Inflows Improve, FX Gap Collapses
adminNovember 29, 2022
Naira Appreciates as Dollar Inflows Improve, FX Gap Collapses The Nigerian naira appreciates on Monday as healthy growth in foreign exchange (FX) inflows douse perennial demand pressure for foreign currencies…Read More
Global Trade Growth to Slow as Import Demand Softens -WTO
adminNovember 29, 2022
Global Trade Growth to Slow as Import Demand Softens -WTO Global trade growth is on pace to dip through the rest of 2022 and into next year amid cooling global…Read More
Investment Managers Face Tough Investment Climate
adminNovember 29, 2022
Investment Managers Face Tough Investment Climate Global investment managers face macro pressures and a challenging investment environment in 2023, with traditional Investment managers more exposed than alternative Investment managers, Fitch…Read More
FIRS Seeks Harmonised Systems for Tax Administrators
adminNovember 29, 2022
FIRS Seeks Harmonised Systems for Tax Administrators The Executive Chairman, Federal Inland Revenue Services (FIRS), Mr Muhammad Nami has appealed for the harmonisation of tax systems among member states of…Read More
Bond, Treasury Swerve amidst Liquidity Pressure
adminNovember 29, 2022
Bond, Treasury Swerve amidst Liquidity Pressure The average yield on Nigerian Treasury Bills (NTB) continues to decline amidst tight liquidity in the financial system. More funds were seen flowing across…Read More
NGX Sinks over Selloffs in Jaiz, BUA Cement
adminNovember 29, 2022
NGX Sinks over Selloffs in Jaiz, BUA Cement The equities segment of the Nigerian Exchange (NGX) fell off the bullish cliff on Monday over renewed selloffs in small and mid-cap…Read More
Bitcoin Trades at $16,200 in Tight Crypto Market
adminNovember 29, 2022
Bitcoin Trades at $16,200 in Tight Crypto Market Trading at the $16,000 -$16,500 range, the largest crypto asset by market capitalisation, bitcoin, continues to face strong resistance at the $17,000…Read More
Oil Falls as Protests in China Raised Demand Concerns
adminNovember 29, 2022
Oil Falls as Protests in China Raised Demand Concerns Amidst instability in the global economy, oil prices lost almost $2 a barrel on Monday following ongoing China Covid-19 restrictions and…Read More
Nigerian Convicted In Suspected Pirate Attack On Danish Sailors
adminNovember 29, 2022
A Copenhagen court on Monday found a suspected Nigerian pirate guilty of endangering the lives of Danish navy sailors in a firefight in the Gulf of Guinea but did not…Read More
China Moves To Curb Rare, Nationwide Protests
adminNovember 29, 2022
Chinese security forces on Monday filled the streets of Beijing and Shanghai following online calls for another night of protests to demand political freedoms and an end to Covid lockdowns.…Read More
2022/23 Legal Year: Nigerian Judiciary Is “Yet To Be Free Or Truly Independent” Says CJN, Justice Olukayode Ariwoola
adminNovember 29, 2022
*Begs Executive, Legislature To Make Judiciary’s Funding Priority *Blames Non-Amendment Of Constitution For Over-Blotted Dockets *Says Nigerians Most Litigious People On Earth *Says There Has Never Been Division At Supreme…Read More
Adeleke Suspends Osun SEIC Chair, Dethrones Three Monarchs
adminNovember 29, 2022
Osun Governor Senator Ademola Adeleke has sacked 12,000 workers and ordered the dethronement of three monarchs barely 24 hours after his inauguration. The Governor also nullified the appointment of 30…Read More