Economy & Market
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195Nigeria’s $6.83b 2024 Balance of Payment Surplus Signals Economic Revival –CBN
Nigeria recorded a $6.83 billion balance of payments (BoP) surplus in 2024, a strong indicator of renewed economic momentum, according to the...
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144Bears Resurface at the Exchange as ASI Down 0.2%
EQUITIES Profit-taking activities resurfaced in the Nigerian equities market, with ETI (-9.9%), GTCO (-1.7%) and UBA (-2.6%) weighing down the bourse by 0.2%...
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120After Slamming 14% Tariff, US Kicks against Nigeria’s Import Ban on 25 Product Categories
It emerged yesterday that the 14 percent tariff recently imposed by the United States President, Donald Trump on Nigeria was mainly in...
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230Local Bourse Rebounds as ASI Up 0.2%
EQUITIES Bullish sentiments returned to the local bourse, as buying interests in ZENITHBANK (+3.3%), FIRSTHOLDCO (+3.7%), and UBA (+2.6%) caused a 0.2%...
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166Nigeria’s Economic Team Set to Meet over Trump’s Tariffs
In a bid to navigate the turbulence and uncertainty in the global economy created by United States’ President, Donald Trump’s new tariffs...
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176Asian Stocks Bounce Back After Worst Day on Record
Asian shares bounced back after the worst day on record, as Japan lead gains on expectations that it will get priority in...
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167CBN, Firms Drive FX Inflows to 22-Month High
Despite global trade uncertainties, inflows from local sources rose to a 22-month high, rising by 51 per cent month-on-month (m/m) to $3.11...
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151Crude Crash: FG’s 2025 Budget Jerks Again, Marketers Anticipate Price Cut
The global crash in crude oil prices has put Nigeria’s 2025 budget under more threat, even as fuel marketers await a possible...
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151
International Payments Facilitated by CBN Hit $497m in February
The Central Bank of Nigeria (CBN) has reported a 17.2 per cent year-on-year (y/y) increase in international payments in February 2025, reaching...
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193Equities Market Opens Week Bearish as ASI Down 1.2%
EQUITIES The domestic equities market opened the week on a bearish note, as renewed investor anxiety stemming from the U.S. government’s recent...
