Economy & Market
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1.4KPFAs Channel 62% of Workers’ Pensions into Govt Bonds
Pension Fund Administrators have channelled more than N14.5tn of workers’ retirement savings into Federal Government securities as of March 2025, reinforcing the...
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791FG Raises GDP Target to 5%, Far Ahead IMF Projection
The Federal Government, FG, appears to be very optimistic over the economic performance, raising its Gross Domestic Product, GDP, projections for 2025...
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1.4KDomestic Bourse Extends Bearish Momentum
EQUITIES The domestic bourse extended its bearish momentum in today’s session as losses in GTCO (-5.1%), TRANSCORP (-5.7%), INTBREW (-9.8%), and DANGSUGAR...
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1.4KEdun, Cardoso Pledge to Strengthen Fiscal, Monetary Coordination
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central Bank of Nigeria, Olayemi...
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1.6KStock Rally Falters After Wall Street Tech Slump
Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dragging markets lower and futures indicating further...
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723FG’s Reforms Won’t Deliver Nigeria Envisioned in 5 years –NESG
The fuel subsidy removal and exchange rate unification –the twin policies of the Bola Ahmed Tinubu-led administration came under scrutiny yesterday. The...
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1.4KStock Market Reverses Gains as ASI Down 1.5%
EQUITIES The Nigerian equities market reversed yesterday’s gains, as losses in DANGCEM (-9.9%), ZENITHBANK (-7.3%), GTCO (-2.1%), and OANDO (-7.1%) dragged the...
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1.4KEuropean Futures Rise, Oil Dips After Ukraine Meet
Financial markets traded in a narrow range, with global equities holding near record highs, after Donald Trump’s meeting with Ukraine’s president and...
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1.3KStock Exchange Opens Week Bullish as ASI Up 0.1%
EQUITIES The local bourse opened the week on a positive note, as gains in DANGSUGAR (+9.7%), UNILEVER (+7.0%) and CUSTODIAN (+9.2%) drove the...
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1.4KSenate Pushes Municipal Bonds, Sukuk for Local Govt
The Senate Committee on Capital Market and Institutions has said that municipal bonds and Sukuk offer Nigeria a sustainable pathway to funding...
