Economy & Market
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279Nigeria’s Economic Growth Threatened as Per Capita Income Slumps to $835.49 –IMF
Despite a positive forecast of 3.2 per cent for Nigeria’s economic growth, new data from the International Monetary Fund (IMF) revealed yesterday, that...
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169China Propels Asian Stocks Higher Ahead of US Jobs
A boost for Chinese tech stocks helped lift Asian stocks Friday despite selling pressure in Japan as traders await US jobs data...
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162Local Bourse Extends Bullish Performance
EQUITIES The Nigerian equities market sustained its bullish momentum for the fourth consecutive trading session, driven by gains in TRANSCORP (+1.1%), ETI...
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204CBN Caps BDC FX Purchase at $25,000 Weekly via Single Dealer Bank
The Central Bank of Nigeria (CBN) has introduced new guidelines that permit Bureau de Change (BDC) operators to purchase up to $25,000...
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193FG Seeks Fresh $580m W’Bank Loans
The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in March...
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179Oil Operators’ Indebtedness to FG Hits $6.1b –NEITI
The Nigeria Extractive Industries Transparency Initiative has disclosed that as of August 2024, operators in the oil and gas sector are collectively...
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180China Leads Asian Stocks Higher as Yen Trims Gain
Asian equities climbed to their highest level in seven weeks after stocks and bonds rose on Wall Street in a week marred...
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168FG Targets External Borrowing Reduction
The federal government has reaffirmed its commitment to reducing reliance on external debt financing and promoting private sector-driven economic growth as part...
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156MPC Pushes for Mild Hikes, Liquidity Management Ahead of Meeting
Ahead of the upcoming Monetary Policy Committee (MPC) meeting scheduled for February 17-18, 2025, its members are advocating for mild interest rate...
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127Banking Stocks Lead Rally as ASI Up 0.5%
EQUITIES The bulls continued to dominate the domestic bourse as bargain hunting activities in FBNH (+9.6%), GTCO (+3.2) and ACCESSCORP (+6.3%) spurred...
