Economy & Market
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114Naira Strengthens Further Against Dollar at Official Market
The naira continued its upward trajectory at the official foreign exchange market on Thursday, January 30, 2025, appreciating to N1,485.95 per US...
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94Nigeria Enhances Fiscal-Monetary Cooperation for Growth
Nigeria’s Minister of Budget and Economic Planning, Abubakar Bagudu, has praised the strengthened collaboration between fiscal and monetary policy authorities, describing it...
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100Economic and Market Report: Week Ended 31-01-2025
Global Economy In line with market expectations, the Federal Open Market Committee (FOMC) at the recently concluded January policy meeting voted to...
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144Asian Stocks Dip as AI Trades Under Pressure Again
Asian equities retreated on Friday, as concerns over the impact DeepSeek will have on the artificial intelligence market pressured South Korean chipmakers....
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60FIRS Targets ₦25tr 2025 Revenue, Collected ₦21.6tr Last Year
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has revealed that the service surpassed its revenue target in...
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145CBN Policies Prevented 42.81% Inflation in 2024 –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that without the bank’s policy interventions, inflation would have surged...
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133FG Threatens to Withhold Funds from MDAs Over Non-compliance with Cash Planning Policy
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday warned that Ministries, Departments, and Agencies (MDAs) to comply...
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104Local Bourse Extends Gains as ASI Up 0.2%
EQUITIES The local bourse extended yesterday’s gains as buying interests in DANGCEM (+2.3%) and TRANSCORP (+3.5%) caused a 0.2% increase in the benchmark...
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144
Outstanding $7bn FX cleared, says Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Wednesday that the Federal Government has cleared the outstanding $7bn foreign...
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145Active Bank Accounts Hit 311.65m in December –NIBSS
Latest data from the Nigeria Inter-Bank Settlement System has revealed that the volume of active accounts in the Nigerian banking system rose...
