Economy & Market
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220‘Blockchain and Digital Assets Can Revolutionise Capital Market’
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has said that the commission’s approach to digital asset regulation recognises...
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199Yen Rises with Bonds as Traders Mull Fed Cut Size
The yen strengthened for a fourth day against the dollar while falling Treasury yields broadened an emerging-market currency rally to Asia after...
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191Bulls Resurface at the Exchange
EQUITIES The bulls returned to the domestic stock market following buying interest in FBNH (+10.0%). As a result, the All-Share Index increased...
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207FG Plans Zero-duty on Food Imports to Curb Inflation
In a bold effort to tackle rising food prices and provide immediate relief from inflationary pressures, the Federal Government has proposed a...
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76Nigeria’s Trade Surplus Hits ₦6.9tr in Q2 –NBS
Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased...
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226Bears Resurface at the Exchange
EQUITIES Trading in the Nigerian equities market was bearish as profit-taking activities in OANDO (-8.4%) undermined market performance. Consequently, the NGX ASI...
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216Federal Govt Dollar Bond Attracts $900m Subscription
Nigeria’s maiden foreign-currency domestic bond recorded a subscription of $900 million, overshooting the initial offer size of $500 million. The Minister of...
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162Financial Sector Grew by 30% –FG
The Federal Government has said that Nigeria’s financial sector grew by over 30 per cent in the first half of 2024. The...
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118Naira Weakens to ₦1637/$
The Nigerian naira has lost further ground against the United States dollar, with the exchange rate hitting N1637.59 at the close of...
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155NGX All-Share Index Gains 0.62%
EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in MTNN (+7.5%) and OANDO (+6.7%) drove the All-Share Index higher by...
