Economy & Market
-
122Economic and Market Report: Week Ended 29-08-2025
Global Economy According to the United States Department of Labor, US initial jobless claims declined by 5,000 w/w, to 229,000 in the...
-
2.6KStock Market Performance Weakens as ASI Down 0.19%
In today’s session, the market performance weakened as the NGX ASI and market capitalisation declined by 0.19%. Market activity also contracted sharply,...
-
1.8KFG Should Anchor Economic Growth on Productivity, not Inflation –NESG
The Nigeria Economic Summit Group, NESG, has called on the Federal Government to anchor its economic growth objectives on productivity and not...
-
2.8KDiaspora Inflows Hit $600m Monthly –Cardoso
Nigeria’s diaspora remittances surged by 200 percent to $600 million in the past two months. The Governor of the Central Bank of...
-
2.7KBears Tighten Grip as ASI Down 0.5%
EQUITIES Profit-taking activities continued today in the Nigerian equities market, as the selloff in GTCO (-3.1%), WAPCO (-3.0%) and DANGSUGAR (-5.5%) drove...
-
171CBN Orders GPS Tracking for All PoS Terminals to Curb Fraud
Propelled by the urgent need to curb rising fraud and safeguard depositors’ funds, the Central Bank of Nigeria (CBN) has rolled out...
-
1.8KFG to Unveil Implementation Blueprint for New National Industrial Policy
The Federal Ministry of Industry, Trade and Investment (FMITI) is set to unveil strategies for implementing the new National Industrial Policy (NIP),...
-
2.7KEquities Rally Short-Lived as ASI Down 0.4%
EQUITIES Bearish sentiments resurfaced in the domestic equities market, as the selloff in GTCO (-3.1%), GUINNESS (-7.3%) and ZENITHBANK (-1.0%) drove the...
-
156CBN Gives Banks Oct. 31 Deadline for Payment System Upgrade
The Central Bank of Nigeria has issued a fresh directive mandating all participants in the country’s payment ecosystem to complete migration to...
-
1.8KPrivate Sector Credit Up 4.02% YoY to ₦76.14tr as Broad Money Supply Expands
Credit to the private sector increased by 4.02 per cent year-on-year to N76.14 trillion in June 2025, up from N73.19 trillion recorded...
