CBN to Nigerians: Handle Naira with dignity
KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […]
CIS conference to champion youth, innovation, sustainable growth in capital market
Digital disruption, ethical governance, and inclusive finance will drive conversations as the Chartered Institute of Stockbrokers (CIS) hosts its 2025 Annual Stockbrokers’ Conference in Abuja, a pivotal gathering designed to shape the future of Nigeria’s capital market through innovation, integrity, and inclusivity.
Nigeria added to FTSE Russell watch list for potential frontier market return
By Peter Egwuatu Nigeria’s economic and market reforms have gained global momentum as FTSE Russell announced the inclusion of the country on its Watch List for possible reclassification from unclassified to frontier market status. The announcement, published in the FTSE Equity Country Classification Annual Review 2025, follows confirmation from market participants that the foreign exchange backlogs […]
S&P 500, Nasdaq bounce back after prior day’s losses
Wall Street stocks mostly rose early Wednesday, bouncing back after the prior session’s losses amid bullish investment sentiment in spite of the US government shutdown.
Non-Interest Capital Market now worth N1.6trn — SEC
The Securities and Exchange Commission (SEC) has announced that Nigeria’s non-interest capital market has grown to N1.6 trillion, reflecting rising investor confidence and expanding participation in ethical finance. Director-General of the SEC, Dr. Emomotimi Agama, disclosed this in Abuja during a press briefing ahead of the 7th African International Conference on Islamic Finance (AICIF), scheduled for […]
Rail revenue rises 37.36% N2.72bn in Q1’25By Elizabeth Adegbesan
Revenue generated from rail transport rose by 37.36 per cent Year-on-Year, YoY to N2.724 billion in the first quarter of 2025 (Q1’25) from N2.112 billion in the corresponding period of 2024 (Q1’24). The sharp increase was driven by a 37.4 per cent YoY increase in revenue from passenger transport, to N1.95 billion in Q1’25 from […]
