Economy & Market
-
331Federal Govt Dollar Bond Attracts $900m Subscription
Nigeria’s maiden foreign-currency domestic bond recorded a subscription of $900 million, overshooting the initial offer size of $500 million. The Minister of...
-
273Financial Sector Grew by 30% –FG
The Federal Government has said that Nigeria’s financial sector grew by over 30 per cent in the first half of 2024. The...
-
343Naira Weakens to ₦1637/$
The Nigerian naira has lost further ground against the United States dollar, with the exchange rate hitting N1637.59 at the close of...
-
233NGX All-Share Index Gains 0.62%
EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in MTNN (+7.5%) and OANDO (+6.7%) drove the All-Share Index higher by...
-
352FAAC Allocations rise 149% to ₦13.7tr in 7 months
The Federation Account Allocations Committee (FAAC) disbursements to the Federal Government (FG), 36 states and 774 local governments (LG) rose by 149.4...
-
214Stock Market Starts the Week Negative
EQUITIES The domestic equities market ended the day lower as investors took profits off JBERGER, resulting in a 0.2% decline in the...
-
294Stock Futures Signal Modest Rebound in US, Europe
European and US equity markets were poised for a modest recovery Monday, after a selloff triggered by cooling US jobs data that...
-
288Govt Imposes Electronic Levy on Opay, Moniepoint Users, Others
Customers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Money Transfer Levy...
-
403
CBN Boosts Forex Liquidity, Sells Dollars to BDCs at ₦1,580
Central Bank of Nigeria (CBN) has increased liquidity in the foreign exchange market by selling US dollars to Bureau De Change (BDC)...
-
344Economic and Market Report: Week Ended 06-09-2024
Global Economy According to the United States Bureau of Labor Statistics, total non-farm payroll employment in the US increased by 142,000 jobs...
