Economy & Market
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102FG Moves to Fix Digital Payment Glitches, Boost E-commerce
The Federal Government has unveiled fresh measures to eliminate bottlenecks hindering seamless digital payments and e-commerce in Nigeria, to expand access to...
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112CBN Plans New Payments System
The Central Bank of Nigeria (CBN) has commenced the development of a new framework for the country’s payments ecosystem. The apex has...
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2.5KS&P 500 Hits Record as Bonds Fall Before Inflation
Stocks hit all-time highs on hopes the Federal Reserve will cut interest rates to curb a jobs downturn, with traders gearing up...
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2.5KLocal Bourse Extend Gains as ASI Up 0.4%
EQUITIES The domestic bourse sustained its bullish run, closing higher for the fourth consecutive session. Precisely, gains in DANGCEM (+1.5%), WAPCO (+6.7%)...
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78Tinubu Orders Tighter Oversight of Stablecoin Transactions
President Bola Tinubu has directed financial and capital market authorities to monitor the increasing use of stablecoins and digital currencies in Nigeria,...
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2.4KCardoso Rallies Banks to Meet $1 billion Monthly Diaspora Remittance Target
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, yesterday, urged Nigerian banks to intensify support for the apex bank’s efforts to grow...
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2.4KTinubu Urges Bankers to Boost Funding to Manufacturing Sector, Digital Innovations, Others
President Bola Tinubu, yesterday, urged the banking sector to do more to support the country’s struggling manufacturing sector to boost its contribution...
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2.4KSenate Seeks Extension of CBN’s Forbearance Loans Deadline
Izunaso, who made the call at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN)...
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2.3KStock Market Continues Bullish Trend as ASI Up 0.3%
EQUITIES The Nigerian equities market continued its bullish trend from yesterday, as gains in WAPCO (+6.2%), GTCO (+0.54%), and INTBREW (+4.1%) spurred a...
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172Soaring Revenue, Cut in Debt Raise Economy’s Profile –Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday said Nigeria’s debt-to-Gross Domestic Product (GDP) ratio now stands at...
