Bank recapitalization, others key to trillion-dollar economy – Agama
Omeiza Bilal The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has said that Nigeria needs to address...
Banking & Finance
Pension fund rises 11.6% in H1 2024
National Pension Commission (PenCom) has said pension fund assets climbed by 11.5990 per cent to N20.484 trillion at the end...
Equity market sheds N93bn
The domestic equity market on Monday opened in bearish run, declining by N93 billion as loss recorded in the shares...
Amid protests, equity market sheds N235bn
The domestic equity market on Thursday closed southward, depreciating by N235 billion. Market capitalisation of listed equities declined by N0.42...
FG retained revenue climbs to N1.76trn in Q1 2024 — Report
Debt service costs consumed about 74 percent of the federal government's retained revenue in the first quarter of 2024, according...
Equity market begins week positive, gains N17bn
The nation's equity market opened the week in a positive note, gaining N17 billion. Market capitalisation of listed equity market increased...
London Stock Exchange services disrupted as markets drop on IT outage
Some London Stock Exchange (LSE) services were suffering disruptions on Friday amid a global IT outage that has affected companies...
South Africa: AfDB approves ZAR 18.85bn loan for Transnet’s business recovery plan
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major...
CBN to sell forex to BDCs at N1450/$
The Central Bank of Nigeria (CBN) has announced the approval of the sales of Forex to eligible Bureau De Change...
We will continue monetary tightening as inflation persists, says Cardoso
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says inflationary pressures could necessitate prolonged monetary tightening, potentially hampering...
