Economy & Market
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164Futures Rise, Dollar Up as US Shutdown Risk Eases
Asian stocks and US and European equity-index futures rallied Friday as signs the US will avoid a government shutdown boosted sentiment. Shares...
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122House Approves Tax Reform Bills After Extensive Consultations
The House of Representatives has approved the Tax Reform Bills submitted by President Bola Tinubu following the consideration and approval of the...
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109Tinubu Defends Reforms, Cardoso Upbeat on Economy, Says Time for Fear is Over
President Bola Ahmed Tinubu, yesterday, articulated the rationale behind his administration’s economic reforms, saying the primary motive is to protect the interests...
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115Bulls Regain Control as ASI Up 0.1%
EQUITIES Bullish sentiments resurfaced in the domestic stock market as gains in INTBREW (+9.6%) and NB (+3.2%) caused a 0.1% increase in...
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184Oil Sector Reforms Attracted $17b Investments –NNPC
The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the...
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119Lagos GDP Hits $259b, Becomes Africa’s 2nd Largest City Economy
Lagos State has solidified its position as one of Africa’s leading economic hubs, with its Gross Domestic Product (GDP) soaring to $259.75...
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128Bears Maintain Grip as ASI Down 0.1%
EQUITIES The domestic bourse continued its downward trend as sell pressures on CONOIL (-10.0%), UBA (-1.6%) and DANGSUGAR (-3.0%) drove the All-Share...
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146FG Expands Bond Listings With Over 900m Units on NGX
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its existing February 2025 bonds...
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132As Implementation Begins, Reps Urge CBN to Suspend New ATM Charges
The House of Representatives has called on the Central Bank of Nigeria (CBN) to immediately suspend the implementation of the policy to...
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120
Nigeria’s Oil Production Falls to 1.47m Barrels Per Day
Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries. Oil...
