UK Economy Stagnates in Q3 as Challenges Mount for Starmer Government
Britain’s economy recorded zero growth in the third quarter of 2024, according to revised figures from the Office for National…
Day: December 23, 2024
Wall Street Opens Higher as Investors Welcome US Inflation Data
U.S. stock futures pointed to a positive start on Wall Street after last week’s U.S. inflation data fueled optimism for…
Stakeholders leverage AfCFTA, fintech listings for capital market growth
Nigeria’s capital market has been identified as a critical driver for achieving the government’s $1 trillion economy target by 2030.…
The equities market gains N1trn as ASI crosses 100,000-point mark
The Nigerian equities market reached a significant milestone last week as the NGX All-Share Index (ASI) crossed the 100,000-point mark…
Innovation Crucial for Addressing Nigeria’s Energy Challenges
Manufacturers in Nigeria’s electrical and electronics sector have been urged to leverage innovation to address the nation’s pressing energy challenges.…
Market Outlook for 2025 Amid Trump Return and Federal Reserve Decisions
As President-elect Donald Trump prepares to return to the White House, U.S. investors anticipating significant changes that will impact the…
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
In 2024, global markets have experienced a surprising surge, with world stocks on track for their second consecutive annual gain…
Festivity and Energy Costs Expected to Drive Inflation Surge in December
Analysts predict that Nigeria’s headline inflation will rise to 34.91% year-on-year in December due to seasonal festive demand, poor harvests,…
Investors Gain Over N1 Trillion in Five Days as Nigerian Stock Market Surges
The Nigerian stock market witnessed a remarkable rally, with the All Share Index (ASI) recording a 35.2% year-to-date capital gain,…
Brace! Risks stack up for the global economy in 2025
The global economy, having weathered the challenges of inflation and post-pandemic recovery in 2024, faces significant uncertainty heading into 2025.…
FG Restate Commitment to Digitisation of Livestock Sector
The federal government has reaffirmed its commitment to leveraging innovative technology for sustainable development in Nigeria’s livestock sector. At the…
Macro Economic Challenges Thrust 12 Banks’ Operating Expenses to N5.18tn
Twelve Nigerian banks listed on the Nigerian Exchange Limited (NGX) reported a combined operating expense of N5.18 trillion in the…
PenCom, finance ministry working to pay retirees – DG
The National Pension Commission (PenCom) is partnering with the Ministry of Finance to address delays in retirees’ benefit payments. Speaking…
FCMB Group Shareholders Approve N340 Billion Capital Raise
FCMB Group Plc has secured shareholder approval to raise N340 billion in capital to strengthen its banking subsidiary, First City…
Naira rebound seen in 2025 on higher FX inflows
The naira is expected to recover in 2025, driven by increased foreign exchange inflows, reduced petrol and food importation, and…