Latest News
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250Money MarketBears Resurface as All-Share Index Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%), NESTLE (-9.0%) and ZENITHBANK (-5.0%) undermined market performance....
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427Telecoms & ITArtificial Intelligence will not Replace Site Selectors, for now
Artificial intelligence (AI) is already having an impact on corporate decision-making. Tech companies, for example, have sacked more than 50,000 people so...
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125Business NewsNet Forex inflow rises 7.3% to $33.9b
The net foreign exchange (Forex) inflow into the economy increased by 7.3 per cent, year-on-year (YoY) to $33.9 billion in 2023 from...
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894OpinionEnough Pain for Bank Stocks?
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
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122Stock MarketStock Market Starts Week on Positive Note
EQUITIES The local bourse kicked off the week on a positive note following renewed buying interest in GTCO (+9.6%) and ZENITHBANK (+6.8%)....
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132Banking & FinanceNigeria Secures $2.25b World Bank Credit
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said the federal government had secured a $2.25 billion single-interest loan...
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525Business NewsChallenges Have Been Significant Since Assuming Office –Cardoso
Media Briefing by Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN) Thank you for the opportunity to address you today. It has...
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639OpinionUnfavourable Base to Keep Inflation Red Hot
Domestic Macroeconomy This week, we focus on the March CPI data published by the NBS and IMF’s revised economic outlook for 2024....
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170Economy & MarketEconomic and Market Report: Week Ended 19-04-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
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285Economy & MarketNigeria’s Public Debt hits ₦97tr –Debt Office
Nigeria’s public debt stock as at December 31, 2023 has hit N97.341 trillion (108.229 billion dollars), data released by the Debt Management...
