Economy & Market
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121Prime Lending Rate Steady 18.88% Amid 27% Monetary Policy Rate
The average prime lending rate in Nigeria’s banking sector increased to 18.88 per cent in August 2025 from 18.54 per cent in...
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116SEC Urges Stockbrokers to Uphold Ethics for Market Integrity
The Securities and Exchange Commission (SEC) has called on stockbrokers to uphold the highest standards of professionalism and ethical conduct in their...
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111CSCS to Launch T+2 Settlement as Market Confidence Strengthens
The Central Securities Clearing System (CSCS) Plc has confirmed its readiness to transition to a T+2 settlement cycle on November 28, 2025,...
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143Economic and Market Report: Week Ended 17-10-2025
Global Economy In the October 2025 World Economic Outlook (WEO), titled “Global Economy in Flux, Prospects Remain Dim”, the IMF retained its...
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98Stock Market Closes Higher as ASI Up 0.42%
In today’s session, the market also closed higher, with the NGX ASI and market capitalisation gaining 0.42%, respectively. Although, market activity moderated,...
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91Nigeria to Relaunch Currency Trade Scheme after Setback –CBN
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the...
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39Bank failure: NDIC Assures Depositors ₦5m Compensation Failure
As part of efforts to boost public confidence in the banking system, the Nigeria Deposit Insurance Corporation (NDIC), has reassured depositors, especially...
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65Bulls Sustain Rally on the Bourse as ASI Up 0.4%
EQUITIES The Nigerian equities market ended today’s trading session on a bullish note, as buying interests in DANGCEM (+2.4%), WAPCO (+2.3%), and...
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SEC Adopts Faster Settlement Cycle for Market Efficiency
The Securities and Exchange Commission has announced plans to transition Nigeria’s capital market from a T+3 to a T+2 settlement cycle to...
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140
Mild Positive Outing at the Exchange as ASI Up 0.02%
EQUITIES The local bourse increased marginally by 2bps to 147,741.77 points driven by gains in TRANSCORP (+4.2%) and STANBIC (+1.6%). Accordingly, the...
