Economy & Market
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97Lagos Bourse Succumbs to Selling Pressures
In today’s trading session, the Lagos bourse succumbed to selling pressures, closing 0.01% weaker. Gains in TRANSPOWER (+8.76%), OANDO (+1.32%) and UBA...
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183Edun: ₦10tr Savings from Subsidy Removal for Infrastructure, Others
The Federal Government yesterday outlined how key reforms in the downstream petroleum sector and foreign exchange (forex) market would unlock more than N10 trillion...
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233World Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
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191China’s Buyback Plans, GDP Fuel Asia Stock Gains
Asian equities rose as investors digested China’s better-than-expected economic data and stock buyback program details from the country’s central bank. Gold hit...
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198Local Bourse Sustains Bearish Run
EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed...
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219CBN Verifying Disputed $2.4b FX Claims –Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth...
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201SEC to Ease Regulations on Crowdfunding for Smaller Firms
The Securities and Exchange Commission has revealed plans to make it easier for smaller firms to access funds. According to a Bloomberg...
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171Europe Futures in Tight Range, China Rally Fizzles
European stocks look set for a tepid start as traders await a European Central Bank monetary policy decision. A Chinese share rally...
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142Equities Market Close on Bearish Note
EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in OKOMUOIL (-6.9%), NESTLE (-2.3%), and ARADEL (-5.6%) triggered a...
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185Multiple Taxes: Aviation Stakeholders Seek Federal Intervention
Stakeholders in the aviation sector in Nigeria have charged the federal government to assist them in removing the “numerous charges” being experienced...
