Economy & Market
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2.9KDollar Edges Up Before Powell Speech, Stocks Drift
Caution lingered across markets ahead of Federal Reserve Chairman Jerome Powell’s speech with traders paring wagers on an imminent interest-rate cut. A...
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2.8KFG to Raise ₦200b via Bond Auction
The Debt Management Office on Thursday announced an offering of N200bn savings bonds. According to the offer document on its website, one...
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2.7KSelloff Persist at the Exchange as ASI Down 0.9%
EQUITIES Profit-taking activities continued today in the Nigerian equities market, with BUACEMENT (-10.0%) and MTNN (-2.3%) weighing down the bourse by 0.9%...
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988NCC, Governors Forge Partnership to Boost Nigeria’s Digital Economy
In a significant step towards advancing Nigeria’s digital transformation, the Executive Vice Chairman and Chief Executive Officer of the Nigeria Communication Commission...
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2.8KPFAs Channel 62% of Workers’ Pensions into Govt Bonds
Pension Fund Administrators have channelled more than N14.5tn of workers’ retirement savings into Federal Government securities as of March 2025, reinforcing the...
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972FG Raises GDP Target to 5%, Far Ahead IMF Projection
The Federal Government, FG, appears to be very optimistic over the economic performance, raising its Gross Domestic Product, GDP, projections for 2025...
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2.8K
Domestic Bourse Extends Bearish Momentum
EQUITIES The domestic bourse extended its bearish momentum in today’s session as losses in GTCO (-5.1%), TRANSCORP (-5.7%), INTBREW (-9.8%), and DANGSUGAR...
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2.8KEdun, Cardoso Pledge to Strengthen Fiscal, Monetary Coordination
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central Bank of Nigeria, Olayemi...
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3.1KStock Rally Falters After Wall Street Tech Slump
Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dragging markets lower and futures indicating further...
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885FG’s Reforms Won’t Deliver Nigeria Envisioned in 5 years –NESG
The fuel subsidy removal and exchange rate unification –the twin policies of the Bola Ahmed Tinubu-led administration came under scrutiny yesterday. The...
