Economy & Market
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156SEC Urges Businesses to Adopt Sustainable, Climate-Friendly Solutions
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that the principles of sustainable finance, opens a...
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149NGX All-Share Index Opens Week Bearish
EQUITIES Activities in the Nigerian equities market kicked off the week on a negative note, underpinned by losses in AIRTELAFRI (-2.5%). As...
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202
Recapitalisation: SEC to Slam ₦1.1m Fine on Non-compliant Financial Institutions
In an effort to enforce capital adequacy standards and protect investors, the Securities and Exchange Commission (SEC) announced a N1.1 million fine...
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338Nigeria’s Banking Crisis: The Role of CBN, Economic Impact and Lessons Learnt
On January 10th, 2024, the Central Bank of Nigeria (CBN) dissolved the boards and management of Union Bank, Keystone Bank, and Polaris...
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315Economic and Market Report: Week Ended 21-06-2024
Global Economy According to the Office for National Statistics (ONS), headline inflation in the UK slowed by 30bps to 2.0% y/y in...
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287NGX All-Share Index Down 0.18%
During the holiday shortened week, selloff in MTNN (-2.67%w/w), ZENITHBANK (-0.28%w/w), TRANSCOHOT (-9.98%w/w) were the primary drivers of the weak performance of...
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132
SEC Probes Fund Managers’ Exposure to Heritage Bank
The Securities and Exchange Commission (SEC) has said it has commenced an investigation into fund managers’ exposure in Heritage Bank Limited after...
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158Mixed Performance at the Exchange
EQUITIES The Nigerian equities market traded with mixed sentiments, as gains in GTCO (+4.4%) and TRANSCORP (+6.2%) offset the loss in TRANSCOHOT...
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162Domestic Bourse Starts Week on Negative Note
EQUITIES The domestic bourse started the week on a negative note as sell pressures on MTNN (-2.7%) triggered a 0.1% decline in...
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155FG Signs $3.5b Deal with Afreximbank to Boost Industrial Sector
In a significant move to bolster the textile industry and advance the usage of Compressed Natural Gas (CNG) vehicles, the Federal Government has...
