Economy & Market
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172CBN Verifying Disputed $2.4b FX Claims –Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth...
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147SEC to Ease Regulations on Crowdfunding for Smaller Firms
The Securities and Exchange Commission has revealed plans to make it easier for smaller firms to access funds. According to a Bloomberg...
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135Europe Futures in Tight Range, China Rally Fizzles
European stocks look set for a tepid start as traders await a European Central Bank monetary policy decision. A Chinese share rally...
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104Equities Market Close on Bearish Note
EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in OKOMUOIL (-6.9%), NESTLE (-2.3%), and ARADEL (-5.6%) triggered a...
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137Multiple Taxes: Aviation Stakeholders Seek Federal Intervention
Stakeholders in the aviation sector in Nigeria have charged the federal government to assist them in removing the “numerous charges” being experienced...
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136Bank Recapitalisation Key to Unlocking Nigeria’s $1trn Economy –Cardoso
The Governor, Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that the ongoing recapitalisation of commercial banks in the country is...
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39Banks Refund ₦7.05b, $714,569 to Customers –CBN
The Central Bank of Nigeria has revealed that banks operating in the country have refunded about N7.05bn and $714,569.03 to customers following...
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36Domestic Bourse Sustains Bullish Performance
EQUITIES The Nigerian equities market traded with positive sentiments driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). Thus,...
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146Inflation Increases by 55bps to 32.70% y/y in September
Nigeria’s headline inflation advanced by 55bps to 32.70% y/y in September (August: 32.15% y/y). The outturn is 30bps higher than Cordros’ (32.40%...
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123Tech Stocks Rally While Oil, Energy Shares Drop
European equity futures climbed and Asian stocks fluctuated after another record high on Wall Street. Oil dropped as concerns eased about Israel...
