Economy & Market
-
171FG Seeks Fresh $10.50m W’Bank Loan
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s technical capacity and modernise...
-
167World Bank Okays $1.08b for Education, Others in Nigeria
The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing. These initiatives aim to improve quality...
-
173Stakeholders State Benefits of ISA 2025
Key stakeholders in the Nigerian capital market have lauded the newly signed Investments and Securities Act 2025, expressing strong confidence that the...
-
133CBN Refutes New ₦5,000, ₦10,000 Banknotes Report
The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post...
-
207Nigerian Equities Market Closes in the Red
EQUITIES The Nigerian equities market closed in the red today, as sell pressures on OANDO (-5.5%) and FIRSTHOLDCO (-3.0%) drove the All-Share...
-
169Ponzi Scheme Operators Risk 10yr Jail Term, ₦20m Fine, SEC Warns
The Securities and Exchange Commission, SEC, has warned that promoters and operators of any Ponzi Scheme in the country risk a penalty...
-
149FG’s Deficit Hits ₦12.95tr, Exceeds Budgeted Target by 41%
The Federal Government (FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion...
-
183Stocks, Treasuries Slip in Countdown to Tariffs
Asian stocks edged down as traders grappled with how to position themselves in the countdown to President Donald Trump’s sweeping tariffs announcement....
-
340SEC Announces Presidential Assent to Investments and Securities Act 2025
The Securities and Exchange Commission (SEC) has announced that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the...
-
232Economic and Market Report: Week Ended 28-03-2025
Global Economy According to S&P Global, the United States’ (US) Composite PMI rose to a three-month high of 53.5 points in March...
