Economy & Market
-
206Stock Market Kicks Off Week Bearish as ASI Down 0.4%
EQUITIES The local bourse kicked off the week on a bearish note as losses in MTNN (-2.1%), SEPLAT (-2.0%), and WAPCO (-4.9%)...
-
246‘Reforms Yielded ₦6.9b Revenue in Mining Licence Fees in Q1’
The Minister of Solid Minerals Development, Dele Alake, yesterday reiterated that the reforms being carried out by the Bola Tinubu administration in...
-
268FG, States Add ₦57tr to Debt in 18 Months
Nigeria’s total public debt rose by N57.3tn within the first 18 months of the current administration, according to an analysis of data...
-
452Economic and Market Report: Week Ended 09-05-2025
Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at its May 2025 meeting, voted to maintain the...
-
287FG to Issue ₦250b Sovereign Green Bond in October –Minister
The Federal Government is set to issue N250 billion Sovereign Green Bond between May and October this year. Briefing newsmen at the...
-
2397% GDP Growth Achievable –Finance Minister
The federal government has directed the Economic Management Team (EMT) to strategise for Nigeria’s economic future, targeting a medium-term growth rate of...
-
188PMI Report: Manufacturing Sector Witnessing Strongest Inflationary Pressures
The Purchasing Manager Index (PMI) of Stanbic IBTC Bank Plc for the month of April 2025 has shown that the manufacturing sector...
-
221Nigeria Taps Additional $215m W’Bank Loan for Palliatives
The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net Programme-Scale Up, raising the total amount...
-
173Bullish Streak Extended at the Exchange as ASI Up 0.4%
EQUITIES The bulls continued to dominate the Nigerian equities market as buying interest in DANGCEM (+1.9%) and TRANSCOHOT (+8.6%) drove a 0.4%...
-
250Nigeria Removed from List of Countries Indebted to IMF
International Monetary Fund (IMF) has removed Nigeria from its list of debtor-countries. In a report titled: ‘Total IMF Credit Outstanding – Movement...
