Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
Asian markets took a breather after a strong rally, with focus on upcoming US economic data and the high probability of a December interest rate cut by the Federal Reserve.
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
Asian markets climbed as traders bet on a December Fed rate cut. The rally extended Wall Street gains, boosting assets like Bitcoin. Read the full market analysis.
Nigerian stock market declined 0.49% Wednesday as investors reacted to CBN's decision to maintain 27% MPR. Market capitalization lost N444 billion. Read full analysis.
German insurance giant Allianz signals major job cuts affecting call centers across Europe due to AI adoption. Up to 1,800 positions at risk as automation handles daily claims.
Naira appreciates to N1,441/$ following CBN's decision to maintain MPR at 27%. Analysis of monetary policy impacts on currency stability and inflation control. Read more.
Asian markets continue global rally as weak US data fuels Federal Reserve rate cut expectations. Trump's potential Fed pick Kevin Hassett adds to investor optimism. Tokyo and Seoul lead gains.
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Discover what the Bar Rescue cast members are doing today and learn which struggling bars actually survived after Jon Taffer's interventions. Get exclusive updates on your favorite experts!
Belgium faces major disruptions as unions launch a three-day national strike protesting government spending cuts and labour reforms. Schools, transport, and airports will be severely affected.
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
US unemployment rate increased to 4.4% in September despite adding 119,000 jobs. Delayed government report reveals mixed economic signals amid Federal Reserve policy decisions.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
Federal Reserve minutes reveal most officials oppose December rate cut, creating tension with President Trump who wants lower rates. Key economic data remains uncertain.
Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.
A Nigerian man's emotional video exposing what he found hidden behind his fence has gone viral on social media. Watch the shocking revelation that has everyone talking!
Naira depreciates to N1,448.03/$1 in official market as traders quote new rates. CBN expected to resume strong intervention to prevent further decline. Full analysis inside.
Nigeria's foreign exchange inflows dropped to $672.30 million despite naira strengthening in both official and parallel markets. Foreign portfolio investors remain key dollar suppliers as analysts warn of speculative risks.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive monthly drop. Food inflation shows significant improvement year-on-year.