Economy & Market
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330CBN, NDIC Reaffirm Commitment to Financial Stability
The Central Bank of Nigeria (CBN) has pledged to partner with the Nigeria Deposit Insurance Corporation (NDIC) to protect the financial system...
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254FG Warns Against Future Delays in GDP Release
The Federal Government has lamented that delays in computing and releasing GDP (Gross Domestic Product) figures hampers the effectiveness of policy planning...
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1.2KNGX Hits 26-Day Bullish Run as ASI Up 0.5%
EQUITIES The local bourse closed higher yet again, as gains in BUAFOODS (+8.7%), GUINNESS (+10.0%) and ETI (+2.8%), drove the All-Share index...
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251Oil Tax Revenue Surges 41.7% to ₦3.69tr
Improved crude oil production and better compliance from oil companies have pushed Nigeria’s oil tax revenue to N3.69tn in the first half...
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1.1KForeign Investors Sell Off ₦576b Nigerian Stocks in Six Months
Foreign investors sold off equities worth N576.09bn on the Nigerian Exchange between January and June 2025, representing an 84.97 per cent increase...
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1.2KBulls Strengthen Grip as ASI Up 0.7%
EQUITIESThe bulls continued to dominate the Nigerian equities market, resulting in 25 consecutive trading session gains. Today’s sentiments were buoyed by bargain...
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1.2KStock Market Remains Green as ASI Up 0.5%
EQUITIES The local bourse sustained its bullish momentum in today’s session, as gains in BUACEMENT (+10.0%), OANDO (+5.7%) and UNILEVER (+7.4%) drove...
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1.2KStocks Advance on Fed Rate-Cut Bets, Dip Buying
Asian stocks advanced as a wave of dip buying combined with growing bets on potential interest-rate cuts. The MSCI Asia Pacific Index...
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1.2K
Stock Market Opens Week on Strong Footing as ASI Up 2.0%
EQUITIES The domestic equities market opened the week on a strong footing, extending its winning streak to 23 consecutive sessions as significant...
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1.3KBanks Reduce SLF Patronage as Borrowing from CBN Plummet by 12.84%
Amid excess liquidity in the financial sector, banks and merchant banks borrowing from the Central Bank of Nigeria (CBN) dropped by 12.84...
