Economy & Market
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173Diaspora Remittances Rose by 61% –CBN
The Central Bank of Nigeria has revealed that diaspora remittances processed through International Money Transfer Operators reached $4.22bn between January and October...
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172NGX Group, SEC Deepen Global Partnerships Through Strategic Visit to India
Nigerian Exchange Group (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) Nigeria, has taken a significant step toward enhancing...
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151Domestic Bourse Extends Bullish Momentum as ASI Up 0.4%
EQUITIES The domestic bourse extended its bullish momentum as gains in ARADEL (+5.4%), OANDO (+2.9%), and ZENITHBANK (+1.6%) drove the All-Share Index...
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114FG, AfDB Push for Fair, Non-biased Credit Ratings for African Countries
Amid concerns over seeming bias in global credit rating systems, the African Development Bank (AfDB) and the Nigerian government have called for...
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102Vibrant Capital Market Key to $1trn Economy Achievement –Agama
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, yesterday stressed the need for a vibrant capital market in achieving...
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110Senate Proposes Foreign Currency Ban for Local Transactions
The Senate, on Tuesday, passed for first reading a bill to ban the use of foreign currencies for payments and transactions within...
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151Banks Restrict Multiple Account Owners to ₦20,000 Withdrawal
There is no end in sight yet to the low cash supply by commercial banks as customers face increasing difficulty with cash...
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180Local Bourse Crosses 100,000 Index Mark
EQUITIES The Nigerian equities market closed on a positive note, buoyed by gains in ARADEL (+5.0%), STANBIC (+3.7%) and GTCO (+1.0%). Consequently,...
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147FG to Fund ₦13tr Deficit in 2025 Budget Via Borrowing –Edun
The federal government has declared that the N13 trillion deficit in the N48 trillion 2025 budget proposal will be financed through borrowing....
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121W’Bank Plans $1.65b Loans for Nigeria Next Year
The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of efforts...
