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Category: Economy

Business Economy headline

Nigeria’s stock market down by 0.43%, investors lose N285 billion

Iheanyi Ejiofor March 12, 2025 No Comments #stock market

The stock market on Tuesday witnessed a downturn as performance indices declined by 0.43 per cent. Specifically, the Nigerian Exchange Ltd market capitalisation fell by N285 billion or 0.43 per…

Read More Nigeria’s stock market down by 0.43%, investors lose N285 billion
Business Economy headline

EFCC publishes list of scam companies, warns Nigerians about Ponzi schemes

Iheanyi Ejiofor March 12, 2025 No Comments #EFCC #Ponzi Scheme

The Economic and Financial Crimes Commission has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes under the guise of investment opportunities. The anti-graft…

Read More EFCC publishes list of scam companies, warns Nigerians about Ponzi schemes
Business Economy headline

Reps tell CBN to suspend ATM charges hike

Iheanyi Ejiofor March 11, 2025 No Comments #Reps #CBN #ATM charges

Our reporter/ Following public criticism, the House of Representatives on Tuesday passed a resolution calling for the suspension of the increase in Automated Teller Machine (ATM) transaction charges and the…

Read More Reps tell CBN to suspend ATM charges hike
Business Economy headline

Tinubu govt unveils economic plan for Nigeria

Iheanyi Ejiofor March 11, 2025 No Comments #Tinubu #Economic plan

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the federal government has unveiled a comprehensive economic plan for sustainable development. Mr Edun disclosed this in…

Read More Tinubu govt unveils economic plan for Nigeria
Business Economy headline

CBN won’t exceed 5% limit on ways and means lending to FG, says Bagudu

Iheanyi Ejiofor March 11, 2025 No Comments #CBN #Ways and means #Atiku Bagudu

Minister of budget and economic planning, Atiku Bagudu has said that the Central Bank of Nigeria (CBN) will not exceed the 5 percent limit on ways and means financing to…

Read More CBN won’t exceed 5% limit on ways and means lending to FG, says Bagudu

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