Capital Inflow Crashes By 80% As Foreign Investors Shun Nigerian Market   Capital inflow to Nigeria has crashed by 80 per cent in two years, the Central Bank of Nigeria reports have indicated. Specifically, capital inflow to Nigeria fell from $17.1bn in...

Petrol Subsidy: FG To Continue Bridging Cost Payment   The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed has disclosed that the Federal Government will continue to pay the cost of bridging...

Large-cap Stocks Trigger N35bn Market Gain   Stock trading at the Nigerian Exchange Limited resumed the week on a positive note as the market gained N34.97bn on Monday amid buying interest in large-cap equities. The NGX All-Share Index rose by 0.16 per...

Naira Slides To 555/dollar In Parallel Market   The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had crashed to 540/dollar on Friday, after trading at 535/dollar on Thursday. After tumbling to 575/dollar recently,...

eNaira’ll Work With Other Countries’ Digital Currencies – CBN   The Central Bank of Nigeria has said that the implementation of the country’s digital currency will be done in four phases and also lead to the interoperability of the eNaira with...

AfCFTA: Fed Govt To Grow States’ Export Capacity To $1.2bn   The Federal Government, through the National Action Committee on African Continental Free Trade Agreement, said on Monday that the first of its strategic goals under the AfCFTA implementation plan is...