Economy & Market
-
326Banks Borrowed ₦3tr from CBN in One Week –Report
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according...
-
292Economic and Market Report: Week Ended 13-09-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States slowed by 40bps to 2.5% y/y...
-
257Exchange Ends Week on Positive Note
Ending the week on a positive note, the All-Share index gained 106bps week-on-week as rally in MTNN (+7.37% w/w), OANDO (+9.40% w/w)...
-
370PSPs to Route PoS Transactions Through NIBSS, UPSL within 30 days –CBN
The Central Bank of Nigeria (CBN) has mandated that all point of sale (POS) transactions must be routed through its licensed Payment...
-
284‘Blockchain and Digital Assets Can Revolutionise Capital Market’
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has said that the commission’s approach to digital asset regulation recognises...
-
270Yen Rises with Bonds as Traders Mull Fed Cut Size
The yen strengthened for a fourth day against the dollar while falling Treasury yields broadened an emerging-market currency rally to Asia after...
-
250Bulls Resurface at the Exchange
EQUITIES The bulls returned to the domestic stock market following buying interest in FBNH (+10.0%). As a result, the All-Share Index increased...
-
269FG Plans Zero-duty on Food Imports to Curb Inflation
In a bold effort to tackle rising food prices and provide immediate relief from inflationary pressures, the Federal Government has proposed a...
-
264Nigeria’s Trade Surplus Hits ₦6.9tr in Q2 –NBS
Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased...
-
289Bears Resurface at the Exchange
EQUITIES Trading in the Nigerian equities market was bearish as profit-taking activities in OANDO (-8.4%) undermined market performance. Consequently, the NGX ASI...
