Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Nigerian stock market plunges 5.01%, wiping N4.64 trillion off investor wealth in massive selloff. Key stocks including MTN Nigeria, BUA Cement crash by 10%.
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Nigeria's currency faces ongoing challenges while the Federal Government achieves a major financial milestone with overwhelming international investor confidence in its latest Eurobond offering.
The Federal Government of Nigeria has successfully raised $2.35 billion through Eurobond sales, attracting strong international investor confidence despite global economic challenges.
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
International investors demonstrate overwhelming faith in Nigeria's economy, oversubscribing the latest Eurobond offering by 400% despite global market uncertainties.
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
Former Anambra governor Peter Obi breaks silence on his political motivations, emphasizing service over personal gain in explosive new statement ahead of gubernatorial elections.
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.