Economy & Market
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125CSCS Unveils Initiative to Revolutionise Data Exchange for Registrars
Central Securities Clearing System (CSCS) Plc has launched RegConnect Version 2 to enhance operational efficiency and user experience for Registrars in the...
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128CBN Probes 19.7 million Dormant Bank Accounts
The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the...
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89Money Supply Hits ₦110.9tr as MPC Meets
Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in...
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199Bearish Streak Halted as ASI Up 0.9%
EQUITIES Bullish sentiment reemerged in the Nigerian equities market, snapping a three-day losing streak, as gains in BUAFOODS (+9.9%) drove the All-Share...
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144CBN Orders Bank Directors with Bad Loans to Resign
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing, insider-related loans to immediately resign from their positions. Insider loans...
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162Banks Must Make Cash Available in ATMs –CBN
The Central Bank of Nigeria has urged banks to ensure that their customers have access to cash at their Automated Teller Machines...
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108Negative 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...
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101CPI 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...
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183FX 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...
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171FG 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...
