Economy & Market
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81NGX Crosses 120,000 Mark as ASI Up 1.2%
EQUITIES The bulls continued to dominate the domestic bourse as gains in BUACEMENT (+8.7%), ZENITHBANK (+9.4%), and OANDO (+10.0%) drove a 1.2%...
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87Local Bourse Sustains Positive Performance as ASI Up 1.0%
EQUITIES Bargain hunting activities continued today in the Nigerian equities market with BUACEMENT (+4.7%) and WAPCO (+9.1%) lifting the bourse. Consequently, the...
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73Wale Edun: FG Generated ₦6.9tr Revenue in Q1 2025
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed yesterday that the federal government’s revenue stood at N6.9...
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159Local Bourse Off to a Positive Start as ASI Up 0.4%
EQUITIES The domestic equities market commenced the week on a bullish note, as gains in PRESCO (+10.0%), TRANSCORP (+2.1%), FIRSTHOLDCO (+3.9 %)...
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65Economic and Market Report: Week Ended 20-06-2025
Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at its June 2025 meeting, voted to maintain the...
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32Bulls Maintain Grip as ASI Up 0.9%
EQUITIES Bullish sentiments persisted in the domestic stock market as gains in MTNN (+1.7%), STANBIC (+5.6%), and FIRSTHOLDCO (+5.7%) drove the All-Share...
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232Banks Strategise to Exit CBN’s Forbearance Framework
Amid the Central Bank of Nigeria’s (CBN) directive halting dividend payments, bonuses and new foreign investments for banks under regulatory forbearance, the...
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229SEC Flags Zugacoin, Samzuga GPT as Unlicensed, High-risk Crypto Investments
The Securities and Exchange Commission (SEC) has sounded a strong warning to the Nigerian public about two cryptocurrency products, Zugacoin and Samzuga...
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229Stocks Slide on Mideast Tension, Fed’s Warning
Equities fell as the US weighs the potential for direct conflict with Iran, and Federal Reserve Chair Jerome Powell warned of meaningful...
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242Bulls Resurface at the Exchange as ASI Up 1.6%
EQUITIES The domestic equities market recovered from its earlier losses this week, as gains in MTNN (+4.8%), SEPLAT (+9.9%), ARADEL (+7.4%) and...
