Panic recedes as global capital market surge
Stock markets rebounded from some of their recent huge losses on Friday, pushing further away from three-year lows
Nigerian bourse up 0.54% as Investors gain N63 billion
Nigerian bourse closed higher on Friday with the ASI Index growing by 0.54%. Specifically, the ASI index rose by 0.54%...
Devaluation’s drum beats louder
Africa’s biggest economy is again reacting to this crisis the same way it did in the past as she failed...
Bears pull Nigeria’s ASI down by 3.12%, as Investors lose N370 billion
The Nigerian local bourse on Thursday lost all the gain recorded in Wednesday's session to return to the bearish territory...
Brent Oil surges 10% trading at $27.29 per barrel
Crude oil surged 21% on Thursday, putting it on track for its best day on record, taking back more than...
Global market in panic mode, as American dollar remains king
Investors are ignoring fiscal and monetary help, as uncertainty from the coronavirus outbreak coupled with weakening economic outlook.
Bulls charge Nigerian bourse, investors gain N128.49 billion
The Nigerian bourse reversed previous day loss as the All Share Index rose by 1.09% on Wednesday to settle at 29,352.13.
Nigerian Treasury Bills real interest rate falls to -12%
The latest data from the Central Bank of Nigeria revealed that the Nigeria’s 364-day treasury bills have fallen to 4.6%
Why the strong dollar is giving Nigeria headache
Investors are fleeing emerging markets in record numbers and piling into the safe-haven greenback with two emergency interest-rate cuts this...
Crude oil hits $27.50, lowest level since 2003
Nigeria's income from oil and gas is projected to fall by between 50% and 85% in 2020, reaching the lowest...
