Economy & Market
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239Lagos Bourse Reverses Gains from Prior Session
EQUITIES The bears returned to the domestic stock market as profit-taking activities in OANDO (-10.0%) undermined market’s performance. As a result, the...
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215FRC Tasks Telecoms, Oils and Gas Operators on Sustainability Reporting
The Executive Secretary/Chief Executive Officer of Financial Reporting Council of Nigeria (FRC), Rabiu Olowo, has enjoined operators in the oil and gas...
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282Nigeria Becomes World Bank’s IDA Third-largest Debtor, Owes $16.5b
Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in...
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187Bulls Extend Dominance at the Exchange
EQUITIES Sentiments remained bullish in the local bourse following sustained interest in OANDO (+7.6%). Thus, the All-Share Index advanced by 0.1% to...
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194Banking Sector Positioned to Drive Sustainable Growth –CIBN
The Chartered Institute of Bankers of Nigeria (CIBN) has asserted that the banking sector in the country is uniquely positioned to drive sustainable...
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197Capital Market: SEC Introduces Electronic Filing to Reduce Listing Time
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has hinted that various initiatives have been implemented to reduce...
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230CBN, SEC, NDIC Partner to Simplify Bank Recapitalisation
The Central Bank of Nigeria, the Securities and Exchange Commission and the Nigeria Deposit Insurance Corporation have joined forces to streamline the...
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304Nigeria to Strengthen Economic Ties with Indonesia
Nigeria has reaffirmed its commitment to deepening relations with Indonesia, focusing on the two nations’ untapped financial potential. This was affirmed during...
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279NGX All-Share Index Extends Gains
EQUITIES The Nigerian equities market commenced the week and month positively as demand for OANDO (+10.0%) drove the All-Share Index higher by...
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193Bond Market Continues Positive Trajectory
The FGN secondary bond market continued in a positive trajectory, as average yield dipped by 67bps w-o-w to 18.96% from 19.62% in...
