Economy & Market
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2.7KCBN Extends BDC Recapitalisation Deadline to December
The Central Bank of Nigeria (CBN) has extended the deadline for Bureau De Change (BDC) operators to meet new recapitalisation requirements to...
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243World Bank Retains Nigeria’s Growth at 3.6%
The World Bank has reiterated its projection that the Nigerian economy would grow by 3.6 per cent in 2025 despite the shift...
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2.6KBears Kickstart Trading Week as ASI Down 0.5%
EQUITIES The Nigerian equities market commenced the week on a bullish note as gains in BUAFOODS (+4.3%), GTCO (+1.6%), and PRESCO (+3.4%)...
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230FIRS Launches Revised SOP to Streamline Tax Payment
The Federal Inland Revenue Service (FIRS) has revised its Standard Operating Procedure (SOP) as part of efforts to improve consistency, transparency, and...
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2.6KAudit Flop: Nigeria Forfeits $4m from World Bank Loan
The Federal Government is expected to lose $4m from a World Bank loan after failing to meet auditing standards on a key...
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213Economic and Market Report: Week Ended 05-06-2025
Global Economy According to S&P Global, the United States (US) composite PMI held above the 50.0 points psychological threshold for the 27th...
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271
FG Unveils Digital Innovation Park to Drive $1trillion Economy
The Federal Ministry of Communication, Innovation and Digital Economy on Wednesday in Abeokuta, the Ogun State capital officially unveiled the Digital Innovation...
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737Bullish Streak Extends to Three Days as ASI Up 0.3%
EQUITIES The Local bourse continued its bullish run, as gains in OANDO (+10.0%), GTCO (+2.2%) and FIRSTHOLDCO (+2.7%), drove the All-Share Index higher...
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2.5K
Recapitalisation: 3,600 Bureau De Change Operators Risk Deregistration
There are indications that about 3,600 bureau de change operators might lose their registration as the deadline for recapitalisation given by the...
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2.8KStock Market Goes Green Again as ASI Up 0.4%
EQUITIES The domestic bourse sustained its bullish momentum, as gains in DANGCEM (+2.3%), FIRSTHOLDCO (+8.8%), and GTCO (+2.1%) drove the All-Share Index...
