Economy & Market
-
104Banking Sector Propels NGX to Early Gains
EQUITIES The local bourse commenced the week on a positive note as buying interest in ACCESSCORP (+9.9%) and FBNH (+7.8%) drove the...
-
94FGN Bond: Cautious Sentiment Dominates Market Performance
The domestic FGN Bonds secondary market opened last week on a subdued note, as cautious sentiment prevailed across most maturities. Market performance...
-
85Treasury Bills: Market Sees Bullish Sentiment
The Nigerian Treasury Bills (NTB) secondary market experienced bullish sentiment last week, as heightened system liquidity and investor positioning shaped trading activity....
-
92Forex Spending on Foreign Education, Health Defy Naira Depreciation
Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per...
-
69Asian Stocks Gain as DeepSeek Fuels China AI Rally
Asian shares rose partly on optimism about artificial intelligence in China, defying broader market caution after a last-minute deal reversed Donald Trump’s...
-
103Hyperinflationary Economy, IAS 29 Reporting Not Applicable to Nigeria –FRC
The Financial Reporting Council (FRC) has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards,...
-
65PenCom Releases Additional ₦22b for Pension’s Settlement
The National Pension Commission (PenCom) said Office of the Accountant General of the Federation (OAGF) has released an additional N22 billion as part...
-
59Food Prices Surge by 91.6% in 1 Year –NBS
Latest report from the National Bureau of Statistics (NBS) has revealed that average prices of food across Nigeria skyrocketed from N2,862.14 in November...
-
59SEC Warns Nigerians Against Investing with Risevest, Stecs
The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and...
-
96Economic and Market Report: Week Ended 24-01-2025
Global Economy According to the United States Department of Labor, initial jobless claims in the US increased by 6,000 to 223,000 in...
