Economy & Market
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84Nigeria’s World Bank Debt to Hit $9.65b
World Bank loans to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of this year as fresh...
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86Cash Inflows to Banks Hit ₦5.11tr in November
Nigeria’s banking system recorded a significant cash surge in November, with total inflows reaching N5.11 trillion, driven by a combination of large...
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79Stock Market Closes Stronger as ASI Up 1.08%
Today, the NGX closed 1.08% stronger, buoyed by interests in DANGCEM (+4.57%), TRANSCOHOT (+9.71%), and UACN (+10.00%) offset selloffs in MANSARD (-7.19%),...
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75Lagos to Double Tech Contribution to GDP by 2030 –Commissioner
The Lagos State Commissioner for Innovation, Science, and Technology, Olatunbosun Alake, has stated that the state plans to increase the contribution of...
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87SEC to Launch USSD Code, ISS Audio
The Securities and Exchange Commission is set to unveil two innovative products: a USSD Service and ISS Audio, designed to democratise information...
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62Bullish Sentiments Persist at Local Bourse as ASI Up 0.1%
EQUITIES Bullish sentiments persisted in the local bourse today as gains in WAPCO (+3.5%), ETI (+8.5%) and TRANSCORP (+2.1%) drove the All-Share Index higher...
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634% Development Levy not Additional Tax, Says FIRS
The Federal Inland Revenue Service (FIRS) said Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve...
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72CBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
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66Stock Market Closes Bullish as ASI Up 0.3%
EQUITIES The Nigerian equities market closed today’s trading session on a bullish note, as gains in BUACEMENT (+1.3%), UBA (+3.1%), GUINESS (+10.0%),...
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55NGX Expands Market Offerings with Introduction of Commercial Paper Listings
Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion...
