Latest News

Stocks Edge Up, Futures Dip After China-US Talks

Asian stocks posted modest gains after US and Chinese officials struck an optimistic tone at the end of two days of talks...

168

Banking & Finance

CBN Extends BDC Recapitalisation Deadline to December

The Central Bank of Nigeria (CBN) has extended the deadline for Bureau De Change (BDC) operators to meet new recapitalisation requirements to...

141

Economy & Market

World Bank Retains Nigeria’s Growth at 3.6%

The World Bank has reiterated its projection that the Nigerian economy would grow by 3.6 per cent in 2025 despite the shift...

167

Opinion

Fiscal Borrowings to Remain High in the Medium Term

On May 27, the President formally requested the National Assembly’s approval for the 2024–2026 external borrowing plan for a total amount of...

154

Business News

Lagos Alternative Power Boom Exceeds National Grid Capacity –Report

Off-grid and self-generated electricity in Lagos State has surpassed Nigeria’s entire grid-connected capacity, a new report by the Africa Finance Corporation has...

154

Money Market

Bears Kickstart Trading Week as ASI Down 0.5%

EQUITIES The Nigerian equities market commenced the week on a bullish note as gains in BUAFOODS (+4.3%), GTCO (+1.6%), and PRESCO (+3.4%)...

124

Banking & Finance

FIRS Launches Revised SOP to Streamline Tax Payment

The Federal Inland Revenue Service (FIRS) has revised its Standard Operating Procedure (SOP) as part of efforts to improve consistency, transparency, and...

170

Local News

NIMC Commences NIN Enrollment at Ward Level Nationwide

The National Identity Management Commission (NIMC) has announced that all is ready for the commencement of enrollment into the National Identification Numbers...