Economy & Market
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228W’Bank Loans, Others Grow Nigeria’s FX Reserves to $34.14b
Nigeria’s foreign reserves have surged to $34.14 billion, data from the Central Bank of Nigeria (CBN) released at the weekend has shown....
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224Local Bourse Off to Bearish Start
EQUITIES Trading in the domestic bourse commenced the week on a negative note, as profit-taking activities witnessed in ZENITHBANK (-2.5%) caused a...
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216Bonds: Bullish Sentiment Returns as Average Yield Dips
Bullish sentiment returned to the domestic bond market as mild buy interest pushed average yield downward marginally. Consequently, average FGN bond yield...
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172Treasury Bills: Bearish Sentiment Persists as Average Yield Advances
Last week, bearish momentum was sustained in the Nigerian Treasury Bills (“NT-Bills”) secondary market, primarily influenced by sell-offs at the long end...
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149CBN Parleys OPS to Boost Productive Sector
The Central Bank of Nigeria (CBN) recently hosted a dialogue between the Organised Private Sector (OPS) and relevant stakeholders to explore strategies for...
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149Discrepancy in Account Names Delaying Heritage Bank Customers’ Payment –NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says account name discrepancies in Bank Verification Numbers (BVN) linked to the alternate accounts of some...
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304Stock Market Closes Week Positive
The Lagos bourse closed the week positive as the All-Share index gained 32bps to close at 100,057.49 points. Over the course of...
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235Economic and Market Report: Week Ended 28-06-2024
Global Economy According to the Bureau of Labor Statistics (BLS), the United States Personal Consumption Expenditures (PCE) price index eased by 10bps...
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254Nigeria’s Cryptocurrency Market Worth Over $400m –SEC
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that Nigeria’s cryptocurrency market is estimated to be...
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119Local Bourse Records Positive Outing
EQUITIES The Nigerian equities market traded with mixed sentiments as the gain in SEPLAT (+10.0%) offset the loss in MTNN (-6.9%). As...
