Latest News
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123Stock MarketBanking Stocks Drive Bearish Sentiment
EQUITIES The Nigerian stock market extended its bearish run as sell pressures on ZENITHBANK (-3.2%) and UBA (-4.4%) outweighed bargain hunting in MTNN...
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1.1KEconomy & MarketInflation to Remain Elevated on Naira Depreciation
According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose by 49bps to 33.69% y/y in April (March: +33.20% y/y),...
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217Money MarketFG Lists ₦4.214b April Savings Bonds On NGX
The Federal Government has listed its April 2024 Savings Bonds worth N4.214 billion on the Nigerian Exchange Limited platform. This was disclosed...
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85Business NewsHeadline Inflation Maintains Uptrend
Nigeria’s headline inflation maintained its uptrend, rising by 49bps to 33.69% y/y in April (March: 33.20% y/y). The outturn is 129bps and...
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85Foreign NewsOil Prices Rise on US Inventories Drawdown Expectations
Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed U.S. crude and...
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76Foreign NewsEuropean Stock Futures Rise Ahead of Key US Data
Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data...
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407Telecoms & ITFEC Okays Establishment of Startup Hub in U.S.
The Federal Executive Council has approved plans to convert a property of the Federal Government in San Francisco, United States, to a...
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104Real EstateFG Targets Special Funding to Develop Housing Infrastructural
The Federal Government will continue to prioritise infrastructural needs for future development and improved living standard of the citizens, Minister of Finance and Coordinating...
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72Banking & FinanceCREDICORP Engages Banks on Consumer Credit Initiative
Hopes for businesses in Nigeria to access credit brightened recently, as the Consumer Credit Corporation (CREDICORP) is engaging with Nigeria’s lending ecosystem to...
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166Business NewsFG Lost ₦2.09b to Online Fraudsters in Q4 2023 –FITC
Following the loss of N2.09 billion in the fourth quarter of 2023 through fraudulent online activities and the increasing rate of crimes across the country,...
