NGX Adds N2.56tn in Bullish Week, Closes at Record N106 Trillion as Investors Cheer UAE Deal
LAGOS — The Nigerian equities market enjoyed a stellar trading week, gaining a massive N2.56 trillion as investors aggressively priced
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SEC to sign MoU with Police to fight against Ponzi Schemes
The Securities and Exchange Commission, SEC, has taken steps to sign an Memorandum of Understanding, MoU, with the Police in order to fight Ponzi Schemes that are crippling the capital market. According to a statement by the Commission, the Director General of the SEC, Dr. Emomotimi Agama, has sought the permission of the IGP to go […]
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N246bn NEDC allocation not for salaries only, Budget Office clarifies
By Progress Godfrey ABUJA – The Budget Office of the Federation (BOF) has dismissed claims that the North East Development Commission (NEDC) runs a N246.77 billion salaries budget, describing the narrative as false and misleading. The Budget Office stated that the N246.77 billion assigned to the NEDC is a consolidated statutory provision shown at an overall […]
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Tinubu Secures Historic UAE Deal & $30bn Climate Goal
ABUJA — President Bola Ahmed Tinubu has touched down in Nigeria following a high-stakes diplomatic mission to the United Arab
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NGX rebounds as market gains N30bn on Friday trading
The Nigerian stock market rebounded on Friday after a day of downturn, as N30 billion was added to investors’ portfolios.
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Inflation drops to 15.15%, as food inflation declines further
By Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday said headline inflation rate fell by 2.18 percentage points to 15.15 percent in December 2025 from 17.33 percent in November 2025. The NBS disclosed this in its Consumer Price Index (CPI), report for December 2025. Recall, early this week that the NBS adjusted its CPI methodology […]
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