Latest News
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213AgricultureGlobal Food Prices Steady in June –FAO
The Food and Agriculture Organisation (FAO) has stated that the benchmark for world food commodity prices remained stable in June. The FAO...
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144Stock MarketStock Market Opens Week Bearish as Selloffs Persist
EQUITIES The Nigerian equities market opened the week’s trading on a bearish note as selloffs in TRANSCORP (-5.5%) undermined market performance. As a...
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176Banking & FinanceCBN Urges FintechNGR to Establish Governance Structures for Regulatory Compliance
The Central Bank of Nigeria (CBN) has advised Fintech Association of Nigeria (FintechNGR) to work closely with stakeholders to operate within regulatory...
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176Money MarketBond: Bearish Sentiment Resurfaces
The domestic bond secondary market faced a mild sell pressure last week, as the release of the third quarter FGN Bond calendar...
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146Money MarketTreasury Bills: Bearish Momentum Sustained
The Nigerian Treasury Bills (“NT-Bills”) secondary market last week maintained a bearish posture, as weak system liquidity (₦1.26trn short as of Wednesday,...
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177Foreign NewsStocks Slip With Euro on French Fiscal Concerns
European equity futures fell with Asian shares, and the euro weakened on concern about France’s post-election finances. CAC 40 Index futures dropped,...
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143Economy & MarketWorld Bank: Nigeria Retains Lower Middle Income Status
Nigeria has retained its status as a lower middle income (LMI) country. The classification is part of the World Bank’s annual country...
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140Industry & MoneyTCN Reboots DisCos with 3,240mw after Grid Collapse
After the restoration of the collapsed grid on Sunday at 8:26am, the Independent System Operator (ISO) sent 3,240MW to the 11 electricity...
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427Professional ServiceFlooding: NEMA Activates Operational Offices Nationwide to Support States
The Director General, National Emergency Management Agency (NEMA), Zubaida Umar, yesterday announced that the agency had activated all zonal, territorial and operation...
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197Industry & MoneyPension Funds Crossed ₦20tr in May –PenCom
The value of pension funds in Nigeria increased by 2.23 per cent month-on-month to cross the N20tn mark to N20.23tn in May...
