Economy & Market
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140NGX Unveils Digital Investment Platform
The Nigerian Exchange has introduced a digital platform to streamline the investment process. The Group Managing Director of the Nigerian Exchange Group...
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137CBN Halts FX Price Verification Portal for Importers July 1
The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers on July 1....
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126Asian Shares Drop with US Futures on Tech Losses
Asian shares dropped with European and US stock-index futures after Micron Technology Inc.’s sales outlook fell short of the highest forecasts, denting...
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137SEC, NGX Group Reinforce Commitment to Market Digitisation
The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their dedication to the comprehensive digitisation of...
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128Local Bourse Rebounds
EQUITIES Unlike in the past two trading sessions, the domestic equities market traded with bullish sentiments as buying interests in FBNH (+3.0%) and...
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136IMTOs to Sell FX on CBN Window
The Central Bank of Nigeria has announced that eligible International Money Transfer Operators will now have access to the official window to...
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63CBN Projects Lower Inflation, Says Reforms Attract $24b Inflow
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary pressure has started dropping as a result of the central...
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142Negative Sentiment Persists at the Exchange
EQUITIES The domestic bourse extended yesterday’s bearish sentiments following sell pressures on DANGSUGAR (-5.7%) and WAPCO (-4.1%). Consequently, the NGX ASI declined...
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146MPC Members Seek New Options for FDIs Flow to Economy
Members of the Monetary Policy Committee (MPC) have advised the Central Bank of Nigeria and the fiscal authorities on steps to be...
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131EU Plans €150b Transport Investment to Boost Intra-African Trade
The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a...
