Economy & Market

Negative Outing at the Exchange as ASI Down 0.2%

EQUITIES The local bourse closed on a bearish note in today’s session, as profit-taking activities in FBNH (-2.8%) and ZENITHBANK (-1.4%) weighed...

58

CPI Rebasing: Headline Inflation Settles at 24.48% Y/Y in January 2025

Based on the rebased CPI data by the NBS, Nigeria’s headline inflation settled at 24.48% y/y in January 2025. The updated CPI...

112

FX Gap Narrows to 4.5% Amid Financial Reforms

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria’s foreign exchange (FX) gap has significantly narrowed...

112

FG to Explore Non-oil Revenue Sources –Edun

The Federal Government has reaffirmed its commitment to aggressively exploring non-oil revenue sources to reduce reliance on crude oil earnings and stabilise...

50

Local Bourse Reopens on a Bearish Note as ASI Down 0.1%

EQUITIES The Nigerian equities market commenced the week on a negative note as sell pressures in TRANSCORP (-1.2%) drove the benchmark index...

115

Industry, Agric Drive Nigeria’s Economic Expansion for Second Consecutive Month –CBN

Nigeria’s economic momentum continued its upward trajectory in January 2025, marking the second consecutive month of expansion, as indicated by the latest Purchasing...