Economy & Market
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101MPC Pivots to a Less Hawkish Stance: Raises the MPR
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to increase the Monetary Policy Rate (MPR) further by...
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291Macroeconomic: MPC Further Tightens Anchor Rate to 26.75%
As predicted in our last weekly macroeconomic note, the Monetary Policy Committee (MPC) of the CBN at the end of its 296th...
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70Govt to Fund New Wage, Infrastructure with ₦6.2tr Supplementary Budget
The Federal Government has explained that the N3 trillion recurrent component of the N6.2 trillion supplementary budget would largely be used to...
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144Windfall Tax: FG to Jail Defaulting Bank Executives
The Federal Government has proposed the imprisonment of principal officers of banks who refuse to comply with the one-time windfall tax on...
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145Forex Inflow via IMTOs Hits $1.07b in Three Months –CBN
Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of 2024, from...
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211Stock Market Records Mild Positive Outing
EQUITIES The domestic bourse traded marginally higher, as buying interest in ZENITHBANK (+1.4%) spurred a 3bps expansion in the All-share index to 100,568.60...
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164Treasury Bills: Bearish Trajectory Sustained as Market Closed Negative
Last week, activity in the Nigerian Treasury Bills (“NT-Bills”) secondary market ended on a negative note as tight system liquidity, (which stood...
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48FG to Issue ₦60b Third Green Bond –Minister
The Federal Government is set to issue a third green bond valued at N50bn or N60bn to facilitate environmental financing, afforestation, and...
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94Stock Exchange Delists Three Companies Over Poor Standards
The Nigerian Exchange (NGX) has delisted three companies-Niger Insurance Plc, Resort Savings and Loans Plc and RAK Unity Petroleum, for failure to...
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131Economic and Market Report: Week Ended 19-07-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, economic growth in the second-largest global economy slowed to +4.7%...
