By Chioma Obinagwam NASCON Allied Industries, has gained more market share even as its Profit After Tax (PAT) rose by 151 percent to N13. 73 billion
By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to raise the Monetary Policy Rate (MPR) significantly by 400bps
By Chioma Obinagwam Protests have begun in some parts of Nigeria. Confiance News gathered from several posts on X (formerly known as Twitter). In Sango Ota, a
By Chioma Obinagwam Foremost investment bank and pan-African financial services group, United Capital Plc has maintained its multi-year success streak, following a 49 percent leap in its
By Chioma Obinagwam Nigeria’s headline inflation declined by 21.34% year on year (y/y) in December 2022, which is the first time it tilted southwards after a one
By Cordros Research The domestic macroeconomic narrative did not change much in 2022, given the government’s lack of will to institute the necessary reforms to propel the
The Federal Government of Nigeria (FGN) has said it will soon increase the salaries of civil and public servants in the country. Confiance News gathered from a
The United Kingdom (UK) Prime Minister, Rishi Sunak, is considering a crackdown on foreign students who bring dependents and studying lower-ranked degrees. Confiance News gathered from Sahara
By Chioma Obinagwam Fitch Ratings, an award-winning provider of credit ratings, commentary and research, has downgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’.
By Chioma Obinagwam Nigeria’s government has ordered the reversal of the recently approved 10 per cent upward tariff adjustments for some voice and data services by the