Economy & Market
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164CBN Clears Next-of-kin to Claim Funds in Dormant Accounts
Next of kin, legal representative, or beneficial owner have been cleared by the Central Bank of Nigeria (CBN) to make claims on...
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219FGN Bond: Bears Persist as Average Yield Advance 19.45% W-o-W
Bearish spree continued in the domestic bond market as sell pressure from the previous week lingered, as the bond auction which held...
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238Treasury Bills: Bearish Sentiment Holds Sway
Last week, the Nigerian Treasury Bills (“NT-Bills”) secondary market sustained the bearish outing as average yield advanced 34bps w-o-w to settle at...
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223Domestic Bourse Starts Week on Bearish Note
EQUITIES The domestic bourse started the week’s trading on a bearish note following sell pressures in ZENITHBANK (-3.6%) and FBNH (-2.6%). Consequently, the...
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190CBN Classifies Inactive 10-year Accounts as Dormant
The Central Bank of Nigeria (CBN) has clarified that only accounts that have been inactive for over 10 years are eligible to...
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168Economic and Market Report: Week Ended 26-07-2024
Global Economy According to the Bureau of Economic Analysis (BEA), the US economy grew by 2.8% q/q in Q2-24 (Q1-24: 1.4% q/q)...
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236Bears Continue Focus on Banks
EQUITIES The local bourse extended yesterday’s loss as sell pressure on ZENITHBANK (-2.6%) and FBNH (-2.8%) caused a 0.2% decline in the NGX...
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1852024 Budget Will Be Fully Implemented –Edun
The Federal Government has reiterated commitment to the full implementation of the 2024 Budget. It also pledged to promote a transparent and...
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187‘Identity Management Resolution Will Tackle Unclaimed Dividends’
The Director General Securities and Exchange Commission (SEC), Emomotimi Agama has reiterated that identity management issues when solved will provide lasting solution...
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346Bears Dominate Activities at the Local Bourse
EQUITIES The bears continued to dominate activities in the local bourse as investors took profits off UBA (-5.1%) and DANGSUGAR (-3.7%). Thus,...
