Economy & Market
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63Foreign Reserves Surge to 7-Year High of $46.7b –CBN
Nigeria’s foreign-exchange reserves have climbed to their highest level in seven years, buoyed by renewed investor confidence, stronger oil receipts and sustained...
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185Profit-Taking Activities Continue at the Exchange as ASI Down 0.1%
EQUITIES Profit-taking activities continued in the local bourse as losses in ZENITHBANK (-3.1%) and UBA (-2.5%) drove the All-Share Index down by...
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135Bitcoin Leads Global Stocks Selloff, Bonds Rally
Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market before a high-stakes...
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144Stock Market Opens Week on Negative Note
EQUITIES The domestic equities market opened the week on a negative note as selloffs in DANGCEM (-10.0%) and TRANSCORP (-4.7%) drove the...
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141Headline Inflation Drops to 16.05% Y/Y in October
Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation fell sharply by 196bps to 16.05% y/y...
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137Nearly $3b Spent on Eurobond Debt Servicing Under Tinubu
The Federal Government has spent about $2.93bn servicing Eurobond debt across eight quarters under President Bola Tinubu, according to an analysis of...
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153Tax Reforms Key to Strengthening Nigeria’s Finances –FIRS
President Bola Tinubu’s bold tax reform initiatives are central to Nigeria’s strategy for economic resilience, the Executive Chairman of the Federal Inland...
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161Economic and Market Report: Week Ended 14-11-2025
Global Economy According to the Office for National Statistics (ONS), GDP growth in the United Kingdom slowed for the second consecutive quarter,...
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153Marginal Increase at the Exchange as ASI Up 0.02%
In today’s session, the market experienced a marginal increase, marking the third consecutive day of recovery since the biggest selloff, with the...
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170Capital Market: T+2 Settlement Cycle Begins November 28 –SEC
The Securities and Exchange Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 (trade date plus two...
