Economy & Market
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106Stock Market Trades with Mixed Sentiments
EQUITIES The domestic equities market traded with mixed sentiments, as losses in ZENITHBANK (-1.2%) and GTCO (-0.9%) offset the gains in DANSUGAR (+2.8%)...
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111NGX Launches Impact Board for Sustainable Instruments
Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and...
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57FG Spent ₦5.78tr on Debt Servicing in 9 Months –Budget Office
The budget office of the federation says the government spent N5.78 trillion on debt servicing in the first nine months of 2023. In...
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66Nigeria Trails SA, Cote d’Ivoire, Egypt in Intra-Africa Trade
Nigeria has emerged as the top fourth contributor to intra-Africa trade behind South Africa, Cote d’Ivoire and Egypt for 2023, a report...
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242Stock Market Continues Downward Trend
EQUITIES The domestic stock market continued its descent as profit taking activities in GTCO (-4.2%) caused a 0.2% decline in the benchmark...
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189Edun Charges New SEC Board on Innovation
The federal government has called on the newly inaugurated board of the Securities and Exchange Commission (SEC) to prioritize innovation to effectively...
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120Stock Market Opens Week Bearish as Selloffs Persist
EQUITIES The Nigerian equities market opened the week’s trading on a bearish note as selloffs in TRANSCORP (-5.5%) undermined market performance. As a...
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141CBN Urges FintechNGR to Establish Governance Structures for Regulatory Compliance
The Central Bank of Nigeria (CBN) has advised Fintech Association of Nigeria (FintechNGR) to work closely with stakeholders to operate within regulatory...
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153Bond: Bearish Sentiment Resurfaces
The domestic bond secondary market faced a mild sell pressure last week, as the release of the third quarter FGN Bond calendar...
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123Treasury Bills: Bearish Momentum Sustained
The Nigerian Treasury Bills (“NT-Bills”) secondary market last week maintained a bearish posture, as weak system liquidity (₦1.26trn short as of Wednesday,...
