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Forex Stability Boosts Optimism for Nigeria's Telecom Investments in 2025

Nigeria, Jan. 7 -- Nigeria's telecom industry stakeholders expect additional investments this year due to the FX market's relative stability at the end of 2024. Industry professionals are certain tha... Read More


TNC Daily Open: No Santa Rally, But It's Not all Bad News

Nigeria, Jan. 6 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. W... Read More


Inflows through IMTOs jump by 63.7% in nine months amid CBN reforms

Nigeria, Jan. 6 -- International money transfer operator (IMTO) inflows for the first nine months of 2024 increased by a noteworthy 63.7%, according to the Central Bank of Nigeria's (CBN) most recent ... Read More


FG's 2025 Budget Includes N41.49 Billion For Rail Investments

Nigeria, Jan. 5 -- The Federal Government has set aside N41.49 billion expressly for rail infrastructure and modernization projects in the projected N49.74 trillion 2025 budget. N256.73 billion will ... Read More


TNC Daily Open: Rising Treasury Yields Weigh on Stocks

Nigeria, Jan. 5 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. W... Read More


Navy Turns Over 126 Bags Of Rice And Six Smugglers To Seme Customs

Nigeria, Jan. 3 -- Six alleged smugglers and 126 bags of foreign parboiled rice were turned over to the Nigeria Customs Service (NCS) by the Nigerian Navy's Forward Operating Base (FOB), Akarakumo, Ba... Read More


Biden Blocks Nippon Steel's $15B U.S. Steel Takeover

Nigeria, Jan. 3 -- The Washington Post said on Friday that U.S. President Joe Biden has chosen to thwart Nippon Steel's $14.9 billion acquisition offer of U.S. Steel, citing two unidentified administr... Read More


Global Rise of Oil Climbs To $74.80 Per Barrel On The First Day Of Trading In 2025

Nigeria, Jan. 3 -- The first day of trading in 2025, Thursday, saw a small increase in the price of oil globally. By 05:47 GMT, Brent oil futures had increased 17 cents, or 0.06%, to $74.80 a barrel,... Read More


Stock Futures Edge Up as S&P 500 Clocks Two Consecutive 20% Gains

Nigeria, Jan. 2 -- Stock futures were marginally higher as trading got began for 2025, with optimism that the market can rekindle the momentum that propelled it to notch two-straight years of yearly g... Read More


Govt Debt Attracts Investors as Interest Rates Push Out Businesses

Nigeria, Jan. 2 -- As investors gravitated towards high-yielding government debt instruments in 2024, Nigerian businesses had a shortage of finance. The overall number of business issuances in 2024 d... Read More