Economy & Market
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994SEC Begins Tech Adoption Assessment for Capital Market Operators
The Securities and Exchange Commission (SEC) yesterday disclosed that it has begun the technology adoption assessment for registered capital market operators (CMOs)....
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226Local Bourse Sustains Bullish Momentum as ASI Up 1.6%
EQUITIES Bargain-hunting activities continued today in the Nigerian equities market, with ETI (+10.0%) and NESTLE (+10.0%) lifting the bourse. Consequently, the ASI...
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441Afreximbank to Fund African Energy Bank with $19b in Bid to Raise Oil Industry Capacity
The African Export Import Bank (Afreximbank) would be funding the African Energy Bank (AEB) to the tune of $19 billion to increase...
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152FG Directs Economic Management Team on 7% Growth
The Federal Government has directed the Economic Management Team (EMT) to chart a fresh path for Nigeria’s economic future, targeting a medium-term...
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1.0KDollar Snaps Two-Day Decline, Stock Futures Dip
The dollar edged up on stronger US economic data, helping ease outsized appreciation in Asian currencies caused by optimism about trade deals...
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1.0KSEC Plans Stock Market Meeting on Investments
The Securities and Exchange Commission has announced that it will hold the first quarter Capital Market Committee meeting on May 19 in...
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305Market Kicks off Week Positive as ASI up 0.6%
EQUITIES The local bourse kicked off the week on a positive note as buying interests in MTNN (+2.4%) and NB (+8.5%) caused...
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933Asian Currencies Surge on Weaker Dollar, Oil Falls
Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil...
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533Naira Printing Costs Skyrocket by 306%
The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent compared...
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505CBN Committed to Long-term Stability, Financial Inclusion –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial...
