ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]
Q1: Fuel subsidy crisis erodes NSE ASI by 0.38%
The crisis generated by the Federal Government’s policy on fuel subsidy adversely affected trading on the Nigeria Stock Exchange, NSE in the first quarter of 2012, leading to an unimpressive performance in the capital market, says a report by the Securities Exchange Commission, SEC.
Ex-finance minister condemns CBN’s usurpation of fiscal, monetary policies
Former Minister of Finance Chief Anthony Ani has condemned the Central Bank of Nigeria, CBN, for usurping issues on fiscal and monetary policies, stating that there are clear differences on both policies.
Nosak Group laments non payment of EEG
Preparatory to its proposed plans to list on the Nigerian Stock Exchange (NSE), Nosak Group has decried the non payment of Export Expansion Grant (EEG) by the federal government.
Skye Bank targets N99.7bn third quarter revenue
Skye Bank has said that it expects its gross earning for the third quarter ended 30th September, 2010 to grow to N99.710 billion. This was contained in the bank’s unaudited result submitted to the Nigerian Stock Exchange (NSE) for vetting.
Gas flaring to stop year end
Oil firms in the country are expected to stop gas flaring by the end of this year according to the Petroleum Industry Bill, PIB which is now close to being fanalised.
