Economy & Market
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125Credit Corporation to Offer 1m Consumers Loans for Local Purchases
The Nigerian Consumer Credit Corporation (CREDICORP) has unveiled another initiative, Securing Consumer Access for Local Enterprises (SCALE), aimed at empowering one million...
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124CBN Warns Public Against Fraudulent Contractors
The Central Bank of Nigeria, CBN, has warned members of the public against fraudsters going about with claims of contract awards from...
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87FG Plans Fresh ₦31tr Borrowing, Total Debt May Hit ₦170tr
The Federal Government plans to allocate a significant portion of its budget to debt servicing over the next three years, surpassing allocations...
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114Nigeria’s Debt to IDA Hits $17b –Report
Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn...
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126Local Bourse Off to a Bullish Start
EQUITIES The domestic stock market traded marginally higher as buying interest in WAPCO (+9.5%) offset sell pressures on ACCESSCORP (-3.0%) and TRANSCORP...
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131Asian Stocks Rise as China Rebounds on Policy Help
Asian shares edged higher, following a rally in heavyweight Samsung Electronics Co. Ltd. and gains in Chinese stocks on fresh signs of...
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91NGX Proposes Tougher Rules for Large-Volume Trades
The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback...
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254Economic and Market Report: Week Ended 15-11-2024
Global Economy According to the Bureau of Labor Statistics (BLS), consumer prices in the United States increased for the first time since...
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163Headline Inflation Expands to 33.88% y/y in October
Consumer prices in Nigeria increased by 118bps to 33.88% y/y in October (September: 32.70% y/y). The outturn is 39bps and 48bps higher...
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148FEC Approves ₦47.9 Trillion Budget Proposal For 2025
The Federal Executive Council (FEC), yesterday approved a N47.9 trillion federal budget estimate for the 2025 fiscal year during its meeting at...
