Economy & Market
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187CBN 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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178Nigeria’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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163‘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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147Asian 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...
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108Bears 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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186Agama: 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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164Debt 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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191CBN 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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171FG 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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148FG 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...
