Economy & Market
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99Bears Maintain Grip as ASI Down 5bps
EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in MTNN (-0.8%), DANGSUGAR (-6.5%) and NASCON (-5.1%) triggered a...
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167Agama: Collective Investment Schemes Increased to Over ₦3tr in 2024
The Director General, Securities and Exchange Commission (SEC), Emomotimi Agama, yesterday disclosed that Collective Investment Schemes (CIS) increased to over N3 trillion...
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146Debt Servicing Gulped ₦3.57tr in Q3 2024 –DMO
Nigeria’s total debt service costs, including external and domestic obligations, rose in the third quarter of 2024, reflecting the combined impact of...
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185CBN Unveils Nigerian FX Code to Guide Market Participants, Curb Distortions, Others
The Central Bank of Nigeria (CBN) has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline to the...
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151FG Projects ₦84tr Revenue in 2025
Nigeria is planning to rake in about N84.67tn from the sale of crude oil in 2025. The Chief Executive of the Nigerian...
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140FG Secures $134m from AfDB to Boost Food Production
The federal government has revealed that it secured a $134 million loan from the African Development Bank (AfDB) under the African Emergency...
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93Nigeria Not In Hyperinflation –FRC Insists
The Financial Reporting Council of Nigeria has said the country is not experiencing hyperinflation and thus there is no need for entities...
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115Bears Resurface on Local Bourse as ASI Down 0.3%
EQUITIES The local bourse traded with bearish sentiments in today’s session as profit-taking activities in MTNN (-3.6%) caused a 0.3% decline in...
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270AI Hopes Drive Stocks Higher Despite China Fears
Asian stocks edged higher as optimism over more artificial intelligence spending under Donald Trump offset fears over the impact of tariffs on...
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141NEITI Expresses Support for Tax Reforms Bills, Wants Policy Gaps Plugged
The Nigeria Extractive Industries Transparency Initiative (NEITI) has backed the tax reform bills currently before the National Assembly. NEITI also identified areas...
