Economy & Market
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1.3KBears Tighten Grip as ASI Down 0.5%
EQUITIES Profit-taking activities continued today in the Nigerian equities market, as the selloff in GTCO (-3.1%), WAPCO (-3.0%) and DANGSUGAR (-5.5%) drove...
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98CBN Orders GPS Tracking for All PoS Terminals to Curb Fraud
Propelled by the urgent need to curb rising fraud and safeguard depositors’ funds, the Central Bank of Nigeria (CBN) has rolled out...
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1.2KFG to Unveil Implementation Blueprint for New National Industrial Policy
The Federal Ministry of Industry, Trade and Investment (FMITI) is set to unveil strategies for implementing the new National Industrial Policy (NIP),...
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1.3KEquities Rally Short-Lived as ASI Down 0.4%
EQUITIES Bearish sentiments resurfaced in the domestic equities market, as the selloff in GTCO (-3.1%), GUINNESS (-7.3%) and ZENITHBANK (-1.0%) drove the...
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102CBN Gives Banks Oct. 31 Deadline for Payment System Upgrade
The Central Bank of Nigeria has issued a fresh directive mandating all participants in the country’s payment ecosystem to complete migration to...
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1.2KPrivate Sector Credit Up 4.02% YoY to ₦76.14tr as Broad Money Supply Expands
Credit to the private sector increased by 4.02 per cent year-on-year to N76.14 trillion in June 2025, up from N73.19 trillion recorded...
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1.4KAsian Tech Shares Rise Before Nvidia, Dollar Gains
Technology shares advanced in Asia before Nvidia Corp.’s earnings as investors awaited the company’s take on chip demand to gauge the sustainability...
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1.3KHighlights of New Tax Laws Starting January 1, 2026
Nigeria’s new tax laws, set to take effect on January 1, 2026, represent a significant overhaul of the country’s fiscal framework. These...
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1.3KBulls Sustain Market Dominance as ASI Up 0.2%
EQUITIES The Nigerian equities market extended yesterday’s bullish sentiment, buoyed by gains in GTCO (+2.0%), OANDO (+5.0%), BETAGLAS (+8.2%) and ZENITHBANK (+0.9%)....
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1.4KBanks’ Cash Deposits with CBN Fall 41.6% in 1 Week, Borrowing Hits ₦820b
Nigeria’s banking system witnessed a sharp reversal in liquidity dynamics last week, as commercial banks cut back excess cash placements with the...
