Economy & Market
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171Banks Free to Trade with Deposited FX –CBN
The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal...
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141Tax Bills Not Threat to Revenue-Collecting Agencies –FIRS
Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has dismissed concerns that the four tax bills currently before the National Assembly...
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89Local Bourse Falters as ASI Down 0.6%
EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in...
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107FG Promises Single-Digit Interest Loans for SMEs
The Federal Government has stated that it will begin disbursement of loans at a single-digit interest rate to Small and Medium Enterprises...
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124Bullish Sentiments Resurface as ASI Up 0.2%
EQUITIES Bullish sentiments resurfaced in the Nigerian equities market as renewed interest in UBA (+9.9%), ZENITHBANK (+5.8%) and ACCESSCORP (+4.9%) drove the...
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122Nigeria’s Economy on New Investments Threshold –Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is now at a new threshold...
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116$5b African Energy Bank Gets 2025 Date
The Federal Government of Nigeria has set January 28, 2025, as the deadline for the operationalisation of the $5billion Africa Energy Bank...
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118Customs Street Opens Negative as ASI down 0.5%
EQUITIES The domestic bourse carried on last week’s bearish performance, as sell pressures on OANDO (-9.9%), MTNN (-2.8%) and ARADEL (-10.0%) drove the All-Share...
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30Amid Liquidity Crunch, Banks Borrowed ₦18.09tr from CBN in October
Financial data released by the Central Bank of Nigeria (CBN), has revealed that deposit money banks and merchant banks in the country...
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188Economic and Market Report: Week Ended 01-11-2024
Global Economy According to the Bureau of Economic Analysis (BEA), the United States (US) real GDP fell below market expectation (+3.0% q/q)...
