Economy & Market

Broad Rally at the Exchange as ASI Up 2.0%

EQUITIES The local bourse extended its winning streak, as gains in MTNN (+9.9%), ZENITHBANK (+7.5%), and UBA (+10.0%) drove the All-Share Index...

132

US Stock Futures, Dollar Retreat on Trade Jitters

US equity-index futures edged down along with the dollar after President Donald Trump dialed-up trade tensions once again with a 50% tariff...

69

Rising Cross-Border Charges Threatens AfCFTA Goals

The rising cost of moving goods across countries in sub Saharan Africa is on the rise. This development, experts and policy analysts...

114

Bulls Tighten Grip as ASI Up 0.3%

EQUITIES The bulls continued to dominate the domestic bourse, as gains in WAPCO (+6.0%), GTCO (+2.4%), TRANCORP (+3.0%) and ZENITHBANK (+3.0%) drove the...

101

NCC to Charge ₦10m for Bulk SMS Licence, Cracks Down on Fraud

The Nigerian Communications Commission (NCC) has introduced a new rule that requires companies sending bulk international text messages, also known as Application-to-Person...

80

FG Targets ₦360b Bond Sales in Q3

The Federal Government of Nigeria, through the Debt Management Office, has announced plans to raise up to N360bn from bond sales in...

189

Sustained Positive Momentum on the Bourse as ASI Up 0.3%

EQUITIES The Nigerian equities market extended yesterday’s bullish sentiments following gains in FIRSTHOLDCO (+7.0%), DANGSUGAR (+8.2%) and GTCO (+1.7%). Consequently, the All-Share...