Latest News
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1.8KEconomy & MarketFG to Unveil Implementation Blueprint for New National Industrial Policy
The Federal Ministry of Industry, Trade and Investment (FMITI) is set to unveil strategies for implementing the new National Industrial Policy (NIP),...
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2.7KStock MarketEquities Rally Short-Lived as ASI Down 0.4%
EQUITIES Bearish sentiments resurfaced in the domestic equities market, as the selloff in GTCO (-3.1%), GUINNESS (-7.3%) and ZENITHBANK (-1.0%) drove the...
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2.7KIndustry & MoneyMAN Laments Drop in Manufacturing Sector’s Contribution to Exports
The manufacturing sector’s contribution to the economy has dropped to three per cent from 7.7 per cent it was in 2019, Chair...
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130Banking & FinanceCBN Gives Banks Oct. 31 Deadline for Payment System Upgrade
The Central Bank of Nigeria has issued a fresh directive mandating all participants in the country’s payment ecosystem to complete migration to...
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1.8KEconomy & MarketPrivate Sector Credit Up 4.02% YoY to ₦76.14tr as Broad Money Supply Expands
Credit to the private sector increased by 4.02 per cent year-on-year to N76.14 trillion in June 2025, up from N73.19 trillion recorded...
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2.9KMoney MarketAsian Tech Shares Rise Before Nvidia, Dollar Gains
Technology shares advanced in Asia before Nvidia Corp.’s earnings as investors awaited the company’s take on chip demand to gauge the sustainability...
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2.7KBanking & FinanceHighlights of New Tax Laws Starting January 1, 2026
Nigeria’s new tax laws, set to take effect on January 1, 2026, represent a significant overhaul of the country’s fiscal framework. These...
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2.7KStock MarketBulls Sustain Market Dominance as ASI Up 0.2%
EQUITIES The Nigerian equities market extended yesterday’s bullish sentiment, buoyed by gains in GTCO (+2.0%), OANDO (+5.0%), BETAGLAS (+8.2%) and ZENITHBANK (+0.9%)....
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3.3KForeign NewsOil Eases After Rising to 2-Week High on Russia-Ukraine Supply Concerns
Oil prices edged down on Tuesday, after surging nearly 2% in the previous session, as traders closely monitored developments in the Russia-Ukraine...
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2.8KBanking & FinanceBanks’ Cash Deposits with CBN Fall 41.6% in 1 Week, Borrowing Hits ₦820b
Nigeria’s banking system witnessed a sharp reversal in liquidity dynamics last week, as commercial banks cut back excess cash placements with the...
