Economy & Market
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317European Futures Drop, BOJ’s Ueda Views in Focus
European and US stock futures fell even as Asian stocks climbed after jobs data reinforced expectations of a soft landing for the...
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374Bears Resurface as ASI Down 0.2%
EQUITIES The Nigerian stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%) triggered a 0.2% decline in the benchmark index....
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498Why Nigeria’s Tax System is Undergoing Significant Reforms –FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Zaach Adedeji, yesterday explained that Nigeria’s tax system reforms are driven by the...
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413CBN Reintroduces Cybercrime Levy
The bank in its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025 document, revealed that as part of...
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304Fed Jolts Asian Assets, Lifts US Equity Futures
Asian stocks rose along with US equity futures on speculation that the Federal Reserve’s half-percentage-point interest-rate cut will guide the world’s largest...
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446Stock Market Sustains Bullish Performance as ASI Up 0.6%
EQUITIES The domestic bourse extended its bullish momentum in today’s session as gains in GEREGU (+9.5%), FBNH (+6.3%), and OANDO (+6.1%) lifted...
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500CBN Maintains 5% Ways and Means Advances to Govt
The Central Bank of Nigeria has confirmed that it will sustain its Ways and Means Advances to the Federal Government at a...
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318Nigeria’s, Other Consumer Markets to Hit $2.5tr
The Minister, Industry Trade and Investment Doris Uzoka Anite yesterday disclosed that Africa is the fastest growing consumer market globally, with over...
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267Yen Rises, Stocks Are Mixed as Fed Decision Nears
The yen strengthened, recouping much of Tuesday’s losses, amid a largely directionless Asian session as traders debated the size of a potential...
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263CBN Pegs BDC Forex Sales at $5,000
The Central Bank of Nigeria has limited bureau de change operators’ single foreign exchange cash sales to $5,000. According to the apex...
