Economy & Market
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2.8KBanks Strategise to Exit CBN’s Forbearance Framework
Amid the Central Bank of Nigeria’s (CBN) directive halting dividend payments, bonuses and new foreign investments for banks under regulatory forbearance, the...
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2.7KSEC Flags Zugacoin, Samzuga GPT as Unlicensed, High-risk Crypto Investments
The Securities and Exchange Commission (SEC) has sounded a strong warning to the Nigerian public about two cryptocurrency products, Zugacoin and Samzuga...
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508Stocks Slide on Mideast Tension, Fed’s Warning
Equities fell as the US weighs the potential for direct conflict with Iran, and Federal Reserve Chair Jerome Powell warned of meaningful...
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506Bulls Resurface at the Exchange as ASI Up 1.6%
EQUITIES The domestic equities market recovered from its earlier losses this week, as gains in MTNN (+4.8%), SEPLAT (+9.9%), ARADEL (+7.4%) and...
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419‘Tax Bills Open New Opportunities for Professionals’
The newly inaugurated president of the Chartered Institute of Taxation of Nigeria, Innocent Ohagwa, has urged tax professionals to take special interest...
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2.7KCBN Affirms Strength of Nigerian Banking Sector
In a move aimed at calming market jitters and ensure smooth transition from regulatory forbearance, the Central Bank of Nigeria (CBN) yesterday...
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558Local Bourse Extends Bearish Trend as ASI Down 0.3%
EQUITIES The local bourse ended today’s session on a negative note as losses in OANDO (-10.0%), TRANSPOWER (-10.0%) and UBA (-5.6%) drove...
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2.7KFG Unveils ₦50b Green Bond to Deepen Climate Financing, Spur Sustainability Projects
In a fresh move to consolidate Nigeria’s climate financing architecture and deepen sustainable development, the federal government has announced the issuance of...
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329SEC Eyes Cross-Border Trade with Stablecoin Framework
The Securities and Exchange Commission has announced plans to develop a regulatory framework for stablecoins, aiming to facilitate cross-border trade, payments, and...
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284Edun, Cardoso Meet to Deepen Fiscal, Monetary Policies Alignment
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Monday met with the Governor of the Central Bank of...
