Economy & Market
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300SEC Decries Investor Preference for Ponzi Schemes
The Securities and Exchange Commission has expressed fresh concerns over Nigerians’ appetite for investing in Ponzi schemes despite the availability of safer,...
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344Stocks, Futures Drop on Renewed Tariff Concerns
Asian shares and US stock futures fell on concern President Donald Trump’s tariffs are here to stay after his administration reiterated its...
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140Broad Money Supply Rose to ₦119tr in April –CBN
Nigeria’s broad money supply rose to a record N119.11tn in April 2025, reflecting one of the sharpest monthly expansions in recent quarters,...
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247Bears Resurface at the Exchange as ASI Down 0.1%
EQUITIES Bearish sentiments resurfaced in the Nigerian equities market, as sell pressures on SEPLAT (-10.0%) caused the benchmark index to decline by 0.1%...
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270With ₦2.205tr, Investors Oversubscribe FG’s ₦300b Series VII Sukuk by 735%
The N300 billion Series VII Sovereign Sukuk recently offered by the Debt Management Office (DMO) on behalf of the Federal Government of...
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194Stock Futures and Dollar Rally on Tariff Ruling
US assets got a boost Thursday after the vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by...
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219Bulls Maintain Grip as ASI Up 0.3%
EQUITIES The bulls continued to dominate the domestic bourse as gains in MTNN (+1.9%), DANGSUGAR (+4.7%), and NB (+3.6%) spurred a 0.3%...
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224Only 19% of Nigerians Pay Tax –FIRS
Faced with a worrying tax compliance crisis, the Federal Inland Revenue Service (FIRS) has revealed that only between 10 and 19 percent...
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179Bulls Extend Reign as ASI Up 1.6%
EQUITIES The domestic bourse sustained its bullish momentum, as gains in AIRTELAFRI (+10.0%), GTCO (+2.1%), and WAPCO (+3.1%) lifted the All-Share Index...
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209NACCIMA to FG: Overhaul Investment Agencies to Unlock Nigeria’s Untapped Economic Sectors
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye, has called for...
