Economy & Market

Bears Resurface on Local Bourse as ASI Down 0.2%

EQUITIES Sentiments in the domestic bourse turned bearish as sell pressures on MTNN (-6.1%) drove the All-Share index lower by 0.2% to...

121

CBN Raises ₦2.93tr from T-bills, OMO Auction on Strong Investor Demand

The Central Bank of Nigeria (CBN) successfully has raised N2.93 trillion from recent auctions of Treasury Bills (T-Bills) and Open Market Operation...

83

NDIC Warns Depositors Against Unlicensed Financial Institutions

The Nigeria Deposit Insurance Corporation (NDIC) has advised depositors to verify licensed insured deposit taking institutions before entrusting their funds. The corporation’s...

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Non-Oil Export Records 24.7% Surge, Hits $1.7b

Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the Nigerian Export...

71

SEC Pushes for Stronger Interconnection Among African Markets

The Securities and Exchange Commission (SEC), has called for cooperation among African markets in a bid to build a stronger interconnection within...

49

FG Urges NGX to Support $1tr Economy Goal

The Federal Government has called on the Nigerian Exchange Group to play a pivotal role in helping Nigeria achieve its $1tn economy...

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Debt Servicing Gulped ₦696b in January –CBN

The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin,...