NGX Sees Surge in Foreign Transactions, Hits N118.9bn
Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn recorded in April 2025.
The rise in foreign...
CBN Reforms, Others Boost Nigeria’s Investment Profile
The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria (CBN) and others, such as...
FG Schedules Petrol Pricing Summit for July
The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing and supply dynamics in the downstream sector, amid growing agitation by...
Only 20% of N25trn 2024 Budget Goes to Capital Projects
The Federal Government has spent just N4.99tn – only 20 per cent of its total N24.91tn budget – on capital projects in 2024, leaving the country’s infrastructure needs largely underfunded.
Despite...
Banking and Insurance Stocks Boost NGX by N403bn
The Nigerian stock market extended its bullish momentum on Thursday as the Nigerian Exchange Limited recorded a gain of N403bn, driven by renewed investor interest in insurance and banking stocks.
At the close...
Celebration or Crime? When Culture Clashes with Crucial Currency Control, by Rahma Olamide Oladosu
In Nigeria, no celebration is quite complete without the familiar flutter of naira notes cascading through the air. It is an unmistakable expression of joy, generosity,...
