Economy & Market
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165Hyperinflationary Economy, IAS 29 Reporting Not Applicable to Nigeria –FRC
The Financial Reporting Council (FRC) has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards,...
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160PenCom Releases Additional ₦22b for Pension’s Settlement
The National Pension Commission (PenCom) said Office of the Accountant General of the Federation (OAGF) has released an additional N22 billion as part...
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95Food Prices Surge by 91.6% in 1 Year –NBS
Latest report from the National Bureau of Statistics (NBS) has revealed that average prices of food across Nigeria skyrocketed from N2,862.14 in November...
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95SEC Warns Nigerians Against Investing with Risevest, Stecs
The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and...
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130Economic and Market Report: Week Ended 24-01-2025
Global Economy According to the United States Department of Labor, initial jobless claims in the US increased by 6,000 to 223,000 in...
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165Debt Management Office to Raise ₦450b in FGN Bonds
The federal government, through the Debt Management Office (DMO), is set to raise N450 billion from the issuance of Federal Government of...
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180CBN Projects 4.1% Economic Growth in 2025
The Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as...
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172Nigeria’s FX Reserves Plunge by $832m in Two Weeks
Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January...
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155‘Tax Reform Bills Aimed at Increasing Revenue, Support Investments’
Deputy Speaker of the House of Representatives, Benjamin Kalu, has said the major aim of the tax reform bills was to raise...
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141Asian Stocks Rise on Trump’s Tariff Reluctance
Asian equities rose, with Chinese stocks leading gains after comments from US President Donald Trump hinting at a potentially softer approach toward...
