Economy & Market
-
162CBN Halts Profit Sharing, Overseas Investments for Banks Under Special Support
The Central Bank of Nigeria (CBN) has temporarily suspended the payment of dividends, executive bonuses and foreign investments by banks currently under...
-
164NGX, SEC Commit to Capital Market Diplomacy to Deepen Nigeria-China Financial Ties
In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX) and the...
-
154Economic and Market Report: Week Ended 13-06-2025
Global Economy According to the US Bureau of Labor Statistics (BLS), consumer prices in the United States rose for the first time...
-
278NGX Reverses Loss as ASI Up 0.6%
EQUITIES The local bourse ended today’s session on a positive note as gains in DANGCEM (+4.5%) and MTNN (+3.2%) drove the All-Share...
-
231SEC Directs Firms to Honour Unclaimed Dividends
The Securities and Exchange Commission has directed all public companies and their registrars to stop treating unclaimed dividends older than 12 years...
-
244Stocks Edge Up, Futures Dip After China-US Talks
Asian stocks posted modest gains after US and Chinese officials struck an optimistic tone at the end of two days of talks...
-
254CBN Extends BDC Recapitalisation Deadline to December
The Central Bank of Nigeria (CBN) has extended the deadline for Bureau De Change (BDC) operators to meet new recapitalisation requirements to...
-
194World Bank Retains Nigeria’s Growth at 3.6%
The World Bank has reiterated its projection that the Nigerian economy would grow by 3.6 per cent in 2025 despite the shift...
-
218Bears Kickstart Trading Week as ASI Down 0.5%
EQUITIES The Nigerian equities market commenced the week on a bullish note as gains in BUAFOODS (+4.3%), GTCO (+1.6%), and PRESCO (+3.4%)...
-
178FIRS Launches Revised SOP to Streamline Tax Payment
The Federal Inland Revenue Service (FIRS) has revised its Standard Operating Procedure (SOP) as part of efforts to improve consistency, transparency, and...
