Economy & Market
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90Economic and Market Report: Week Ended 02-05-2025
Global Economy According to the Bureau of Economic Analysis (BEA), the US economy contracted by 0.3% q/q in Q1-25 (Q4-24: +2.4% q/q),...
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115Stocks, Futures Climb as China Mulls Trade Talks
Asian stocks climbed to the highest level in more than a month and US equity-index futures advanced Friday after China said it’s...
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112Nigeria not in Hyperinflation –FRC
The Financial Reporting Council of Nigeria has reaffirmed that the Nigerian economy does not meet the criteria for classification as hyperinflationary, despite...
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116AfDB Approves $650m Annual Commitment to Boost Economic Growth
The Board of Directors of the African Development Bank Group (AfDB) has approved a new Country Strategy Paper (CSP) for Nigeria covering...
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112CBN Emphasises Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasised its commitment to financial inclusion for the greater benefit of the economy. CBN is...
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144Bears Tighten Grip as ASI Down 0.1%
EQUITIES Bearish sentiments persisted in the local stock market as sell pressures in GTCO (-3.5%) and ETI (-10.0%) caused a 0.1% decline...
