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Investors in the Nigerian equity market obtained N396 billion at the close of trade on Tuesday. This follows the surge in stock prices such as Dangote Sugar, PLC initiatives and Sovereign Trust Insurance, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 132,451.73 points from 131,826.70 points recorded on the previous day. After five hours of …

The Monetary Policy Committee (MPC) of the Nigerian Central Bank (CBN) for the third time maintains the level of monetary policy (MPR), which marks interest rates in the country, with 27.5 percent. Olayemi Cardoso, Governor of Bank Apex made an announcement on Tuesday, July 22, 2025, at the end of the 30th meeting of the committee in Abuja. Details come …

Nigeria, yesterday, rearranged the Gross Domestic Product (GDP) from N80 Trillion to N372 Trillion; However, regardless of this rebasing, this country remains the fourth largest economy in Africa. In the ‘Rebasing of Gross Domestic (GDP) report released on Monday, July 21, 2025, the National Statistics Bureau (NBS) said the nominal GDP for Nigeria was far greater than previously expected. As …

Investors in the Nigerian equity market obtained N152 billion in the closing trading on Monday. This follows the surge in stock prices such as NCR Nigeria, International Energy Insurance, and Citix PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 131,826.77 points from 131,585.66 points recorded on the previous day. After five hours of trading …

In a significant encouragement to Nigeria’s efforts to fight terrorism and financial supporters, the Federal government has announced that more than 730 people have been convicted of violations related to terrorism, marking a milestone in the counselor and enforcement of the country’s financial crimes. This was revealed by Major General Adamu Laka, the National Coordinator of the National Terrorism Center …

The National Statistics Bureau (NBS) has announced that the Nigerian gross domestic product (GDP) grew by 3.46% in real year-to-year in the first quarter of 2025. According to the numbers released by the bureau in Abuja on Monday, July 21, 2025, it reflects a simple increase compared to the 2.98% growth recorded in the fourth quarter of 2024, but slightly …

Investors in the Nigerian equity market posted a profit of N3.4 trillion last week. Bourse was opened for business for four days last week because of a public holiday by the Federal Government to respect the late former President Muhammadu Buhari last Tuesday. Market capitalization rose to N83,241 trillion from N79,803 trillion recorded in the previous week. Likewise, the All-Share …

Leading lawyer and activist of human rights, Femi Falana (SAN), has urged the Governor of the State Edo, Monday Okpebholo, to attract the threat of new deaths that he issued against former presidential candidates from the Labor Party (LP), Peter Obi. Okpebholo on Friday, during the political meeting in Uromi, Esan North-East Government Area in the state, warned Obi not …

Acting Chairperson of the National Congress of All Progressive (APC), Ali Dalori, accused politicians and opposition parties inciting Nigerians against the government of the Tinubu Bola President of using security challenges faced by the country. The Chairperson of the APC who stated this at the Workshop on the Capacity Building of the One Day held by the Party for the …

The Socio-Economic and Accountability Project (SERAP) and four Nigerians who care have filed a lawsuit against the Government of the Tinubu Bola President of the “failure to issue a forensic audit report conducted at the Delta Niger Development Commission (NDDC) suspected of accusing high-ranking officials and Niger politicians over Niger Niger for Niger Niger Niger Niger. Following the accusation of …