Economy & Market
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188Bearish Start to the Week at the Exchange
EQUITIES Trading in the domestic bourse kicked off the week on a bearish note, underpinned by losses in MTNN (-6.0%). Consequently, the...
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206CBN Introduces Dutch Auction System to Tackle Forex Shortages
The Central Bank of Nigeria (CBN) has announced a strategic initiative through a Retail Dutch Auction System (DAS) that will address the...
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288Domestic Bourse Rebounds
As the market sustained the bearish run from the previous week, the equities market closed 0.46% lower week-on-week with selling pressure in...
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294Economic and Market Report: Week Ended 02-08-2024
Global Economy The Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority of 5 – 4 to...
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343NGX to Revamp Rules Guiding Corporate Listings
Apparently concerned with the dearth in listings in the capital market, the Nigerian Exchange Limited (NGX) has announced it is working on revamping...
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254AfDB Okays $500m Fresh Loan for Nigeria
The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the Economic...
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272Purchasing Managers Index Show Business Confidence at Record Low
Business confidence declined as the Stanbic IBTC Bank Purchasing Managers Index (PMI) was down from 50.1 in June to 49.2 in July...
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276
Lagos Bourse Sustains Bearish Trend as ASI Down 0.4%
EQUITIES The bears continued to dominate trading in the local bourse as sell pressures on MTNN (-5.0%) undermined market performance. As a result, the...
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162FintechNGR, SEC Partner to Strengthen Regulations for Fintechs
In a significant move to deepen its advocacy objectives and enhance collaboration between regulators and Fintechs in Nigeria, FintechNGR, led by its...
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200National Assembly Amends CBN Act
The National Assembly, yesterday, passed an amendment to the Central Bank of Nigeria (CBN) Act, which increased the apex bank’s threshold of...
