Economy & Market
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283Bullish Start to New Trading Week
EQUITIES Trading in the domestic equities market carried on last week’s bullish performance, as interest in GEREGU (+5.0%) and FBNH (+10.0%) drove...
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440Inflation Drops to 32% Despite Petrol Price Hike –NBS
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol...
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432Banks Borrowed ₦3tr from CBN in One Week –Report
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according...
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410Economic and Market Report: Week Ended 13-09-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States slowed by 40bps to 2.5% y/y...
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352Exchange Ends Week on Positive Note
Ending the week on a positive note, the All-Share index gained 106bps week-on-week as rally in MTNN (+7.37% w/w), OANDO (+9.40% w/w)...
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582PSPs to Route PoS Transactions Through NIBSS, UPSL within 30 days –CBN
The Central Bank of Nigeria (CBN) has mandated that all point of sale (POS) transactions must be routed through its licensed Payment...
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366‘Blockchain and Digital Assets Can Revolutionise Capital Market’
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has said that the commission’s approach to digital asset regulation recognises...
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368Yen Rises with Bonds as Traders Mull Fed Cut Size
The yen strengthened for a fourth day against the dollar while falling Treasury yields broadened an emerging-market currency rally to Asia after...
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333Bulls Resurface at the Exchange
EQUITIES The bulls returned to the domestic stock market following buying interest in FBNH (+10.0%). As a result, the All-Share Index increased...
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357FG Plans Zero-duty on Food Imports to Curb Inflation
In a bold effort to tackle rising food prices and provide immediate relief from inflationary pressures, the Federal Government has proposed a...
