Economy & Market
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99Ponzi Scheme Operators Risk 10yr Jail Term, ₦20m Fine, SEC Warns
The Securities and Exchange Commission, SEC, has warned that promoters and operators of any Ponzi Scheme in the country risk a penalty...
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84FG’s Deficit Hits ₦12.95tr, Exceeds Budgeted Target by 41%
The Federal Government (FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion...
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157Stocks, Treasuries Slip in Countdown to Tariffs
Asian stocks edged down as traders grappled with how to position themselves in the countdown to President Donald Trump’s sweeping tariffs announcement....
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288SEC Announces Presidential Assent to Investments and Securities Act 2025
The Securities and Exchange Commission (SEC) has announced that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the...
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199Economic and Market Report: Week Ended 28-03-2025
Global Economy According to S&P Global, the United States’ (US) Composite PMI rose to a three-month high of 53.5 points in March...
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185Bargain Hunting Spurs Mild Gains
Weekly Market Momentum –The NGX All-Share Index (NGXASI) rose 0.66% w/w, closing at 105,660.64 points, with market capitalisation reaching ₦66.26tn. The upward...
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204‘Policy Delay Hampers Manufacturing Exports’
The Federal Government’s delay in signing the fiscal policy measure document for over a year has hurt manufacturers’ ability to competitively produce...
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204Asian Stocks Fall on Tariff Woes, Gold Hits Record
Asian shares were poised for their worst drop in a month as concerns about upcoming US tariffs and a widening trade war...
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189FRC Act Still Operational, Says Reps
The House of Representatives has stated that the Financial Reporting Council Act, 2023 remains operational until amended by the National Assembly. The...
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162NNPCL Set to Sell Shares to Public
The Nigerian National Petroleum Company Limited (NNPCL) yesterday hinted that it is now at the final stage of getting listed in the...
