Again, Selloffs in banking stocks dip market capitalisation by N68bn
The Nigerian Exchange Ltd. (NGX) market capitalisation declined further on Wednesday by 0.12 per cent or N68 billion, following selloffs in Tier-one banking stocks.The...
Nigeria poised to overtake global economy – Shettima
Vice-President Kashim Shettima says Nigeria is not just catching up with the rest of the world but also poised to overtake the global economy.He...
Stock market reacts negatively to CBN-MPR’s hike, lose N47bn
The stock market’s performance index closed 0.08 per cent weaker on Tuesday as investors reacted negatively to the Central Bank of Nigeria’s (CBN) hike...
NAICOM boss assures on insurance sector commitment to grow $1trn economy
The National Insurance Commission (NAICOM) on Tuesday affirmed its commitment to align the insurance sector with the Renewed Hope Agenda of President Bola Tinubu...
CBN raises MPR by 50 basis points, despite soaring inflation
The Central Bank of Nigeria (CBN), on Tuesday, again raised the Monetary Policy Rate (MPR), the benchmark interest rate by 50 basis points to...