Economy & Market
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162SEC Fixes June 1 for T+1 Settlement Cycle Transition
The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions in the Nigerian...
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138FGN Bond Subscriptions Drop 45% Despite Higher Yields
Investor appetite for Federal Government bonds weakened in May 2026 as total subscriptions dropped by 45.6 per cent month-on-month, despite rising yields...
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216Stocks Drop as Higher Bond Yields Weigh, Oil Falls
Technology stocks led losses in Asian equity markets as higher bond yields around the world put a question mark on valuations after...
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191AfDB Approves $200m Lifeline for BOI to Power SMEs, Jobs, Green Growth
The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), in a major push...
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186Food Inflation Spikes Above 20% in 11 States
Food inflation remained above 20 per cent in 11 states in April 2026, even as national food inflation surpassed headline inflation for...
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187S&P Paises Nigeria’s Credit Rating on Stronger Economy
Nigeria today secured a major boost in global investor confidence as S&P Global Ratings upgraded the country’s sovereign credit rating to ‘B’...
