Economy & Market
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408Banks to Undergo Regular Stress Tests Under New CBN Framework
The Central Bank of Nigeria (CBN) has disclosed plans to implement regular stress tests for all commercial banks in the country as...
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363NSIA Profit Slumps 91% as FX Gains Fade, Reality Bites
The Nigeria Sovereign Investment Authority (NSIA) has reported a significant slump in its 2025 financial performance, with profit plunging by 91% as...
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448Economic and Market Report: Week Ended 02-04-2026
Global Economy According to the United States Department of Labor, initial jobless claims declined by 9,000 to 202,000 in the week ended...
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595CBN: 33 of 37 Banks Met New Capital Requirements, Raised ₦4.65tr
The Central Bank of Nigeria (CBN), yesterday disclosed that Nigerian banks had raised a total of N4.65 trillion in new capital within...
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390Turkey Targets $5b Trade with Nigeria
The Turkish Ambassador to Nigeria, Mehmet Poroy, yesterday began moves to deepen economic ties between both countries, setting an ambitious $5 billion...
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410Stock Market Benchmark Index Closes 0.2% Higher
EQUITIES The benchmark index closed 0.2% higher in today’s session driven by demand for Banking tickers, including GTCO (+7.3%), ZENITHBANK (+7.5%), STERLINGNG...
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422CBN Sets Tough Cybersecurity Timeline for Banks
The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of efforts to...
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510Senate, House Pass ₦68.3tr 2026 Appropriation Bill
The National Assembly yesterday passed the 2026 Appropriations Bill of N68.3 trillion. It followed the adoption of the harmonised report of its...
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389Lagos Bourse Rebounds as ASI Up 0.40%
EQUITIES The Nigerian equities market reversed yesterday’s losses as the gains in MTNN (+5.9%), WAPCO (+1.5%) and NB (+2.8%) spurred a 0.4%...
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380Edun: FG Prioritising Capital Deployment, Project Expansion to Drive Jobs, Sustainable Growth
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday, said the federal government was shifting focus towards aggressive capital...
