October 07
Nigeria: CBN Is Serious About Fair, Efficient Markets - Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the Bank's decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is… Read more »
September 30
Nigeria: MPR Hike Drives Bearish Sentiments in Equity Market
Bearish sentiments resurfaced in the Nigerian stock market, as investors reacted to the hike in the Central Bank of Nigeria, CBN's Monetary Policy Rate, MPR, which is the benchmark… Read more »
September 16
Nigeria: Stock Market Bounces Back As Zenith, Gtb Boost Banking Index
The equities market last week bounced back to gains following the positive half year, H1'24, results posted by Zenith Bank Plc and GTBank Plc which enhanced performance of the… Read more »
September 09
Nigeria: Stock Market Returns Bearish Amid Increase in Price of Petrol
The stock market closed bearish last weekend amid energy crises during the week following sharp rises in the price of petrol to between N855 and N1,000 per litre from about N600… Read more »
August 01
Nigeria: Empty Streets in Owerri, As Markets, Shops Shut Down
Following the nationwide protests, the Owerri capital of Imo state, on Thursday witnessed empty streets as humans and vehicular movements were scanty. Read more »
Nigeria: Nationwide Protest - Ndigbo Shuns Protest, Opens Markets, Demands Unconditional Release of Kanu
All markets, stores and artisan's shops in Nnewi the industrial town and Onitsha the commercial city of Anambra State, opened for business as traders and youths shun the… Read more »
April 23
Nigeria: Foreign Investment in Stock Market Rises 168 Percent to N118.92bn
Foreign portfolio investment, FPI, into the stock market rose by 167.8 percent, Year-on-Year (YoY), to N118.92 billion in February 2024 from N44.52 billion in the corresponding… Read more »
February 15
Nigeria: NGX Group, Stock Market Stakeholders Visit Ogunbanjo, Wigwe's Families
Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid a condolence visit to the families of late… Read more »
February 12
Nigeria: Investors Lose N1.4trn As High TB Rates Jolts Stock Market
Stock market investors lost N1.4 trillion on the Exchange last week following sell off in some shares triggered by increase in interest rates Treasury bills, TBs, by the Central… Read more »
January 23
Nigeria: Abia Govt Begins Remodeling of Major Markets, Ends Touting, Multiple Taxation
...To revamp moribund companies Read more »
January 22
Nigeria: Lagos Shuts Oke-Afa, Katangua Markets
The Lagos State Government has sealed Oke-Afa Market, Isolo Market, and Katangua Market in Abule Egba for violations of waste disposal regulations and for various unhygienic… Read more »
November 01, 2023
Nigeria: Uproar As Nigerian Stock Market Hits All-Time High, Crosses 70,000 Mark
The Nigerian stock market has sent shockwaves through the financial community, as the Nigerian Exchange Limited, NGX All-Share Index surged to an all-time high and shattered the… Read more »
August 15, 2023
Nigeria: Govt to Revive, List Moribund Govt Assets On Stock Exchanges
The Ministry of Finance Incorporated, MOFI, the special purpose investment vehicle and asset custodian agency of the Federal Government of Nigeria, has disclosed its plans to… Read more »
July 05, 2023
Nigeria: Nigeria, Angola Now Biggest Oil Drilling Markets in Sub-Saharan Africa - Report
Nigeria has equaled Angola as the largest oil drilling market in sub-Saharan this year, according to a report by Hawilti and the Caverton Offshore Support Group Plc. Read more »
February 19, 2023
Nigeria: Lekki Free Trade Zone - Ideal Platform for Diverse Markets
The Lekki Free Zone, created in 2006 as a modern free zone and managed in accordance with international best practices, is now a major hub of industrial activities. Read more »
February 20, 2023
Nigeria: Why I Campaign in the Markets - Peter Obi
The presidential candidate of the Labour Party (LP), Mr Peter Obi, has explained why he visits markets for campaigns. Obi who embarked on an open tour of markets within the Trade… Read more »
January 30, 2023
Nigeria: CBN Takes Cash Swap Sensitization to Traditional Rulers, Communities, Markets in Ebonyi
The Central Bank of Nigeria, CBN, the weekend took its cash swapping and sensitization exercise on the new banknotes to traditional rulers, communities and markets across Ebonyi… Read more »
January 16, 2023
Nigeria: 2023 - Cost Pressures On Companies to Persist, As OPS Lists Pain Points
Amidst sustained pressure on the operating environment the Organised Private Sector, OPS has listed about fourteen areas of concerns the outgoing regime is leaving behind which… Read more »