Economy & Market
-
135CBN Projects Lower Inflation, Says Reforms Attract $24b Inflow
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary pressure has started dropping as a result of the central...
-
215Negative Sentiment Persists at the Exchange
EQUITIES The domestic bourse extended yesterday’s bearish sentiments following sell pressures on DANGSUGAR (-5.7%) and WAPCO (-4.1%). Consequently, the NGX ASI declined...
-
221MPC Members Seek New Options for FDIs Flow to Economy
Members of the Monetary Policy Committee (MPC) have advised the Central Bank of Nigeria and the fiscal authorities on steps to be...
-
195EU Plans €150b Transport Investment to Boost Intra-African Trade
The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a...
-
217SEC Urges Businesses to Adopt Sustainable, Climate-Friendly Solutions
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that the principles of sustainable finance, opens a...
-
204NGX All-Share Index Opens Week Bearish
EQUITIES Activities in the Nigerian equities market kicked off the week on a negative note, underpinned by losses in AIRTELAFRI (-2.5%). As...
-
367
Recapitalisation: SEC to Slam ₦1.1m Fine on Non-compliant Financial Institutions
In an effort to enforce capital adequacy standards and protect investors, the Securities and Exchange Commission (SEC) announced a N1.1 million fine...
-
603Nigeria’s Banking Crisis: The Role of CBN, Economic Impact and Lessons Learnt
On January 10th, 2024, the Central Bank of Nigeria (CBN) dissolved the boards and management of Union Bank, Keystone Bank, and Polaris...
-
401Economic and Market Report: Week Ended 21-06-2024
Global Economy According to the Office for National Statistics (ONS), headline inflation in the UK slowed by 30bps to 2.0% y/y in...
-
376NGX All-Share Index Down 0.18%
During the holiday shortened week, selloff in MTNN (-2.67%w/w), ZENITHBANK (-0.28%w/w), TRANSCOHOT (-9.98%w/w) were the primary drivers of the weak performance of...
