February 6, 2025/CBN 1. AKU PAULINE ODINKEMELU I vote to raise the Monetary Policy Rate (MPR) by 25 basis points to 27.50% from 27.25%, retain the asymmetric corridor around the MPR at +500/-100 basis points, retain the Cash Reserve Requirement of Deposit Money Banks at 50% and Merchant Banks at […]
Updates
Intraday Update: Nigerian Stocks Gain +0.16%, Buoyed by Blue Chips
February 6, 2025/InvestmentOne Update ASI as at 12.00pm: +0.16% Top Gainers and Losers: WAPIC (+10.00%), CADBURY (+9.88%), VERITASKAP (-6.25%) and AFRIPRUD (-5.54%). Sector Performances: Oil & Gas (+0.52%), Consumer Goods (+0.35%), Banking (+0.13%) and Industrial (+0.05%). Market activity: In today’s trade, total volume declined by 18% while total value advanced […]
FG Must Support Domestic Industries to Achieve $1 Trillion Economy – NESG
… as Dangote refinery exports jet fuel to Saudi Aramco February 5, 2025/Dangote Group The Federal Government has been urged to support local industries to drive economic growth and meet the $1 trillion economy target. The call was made on Tuesday by the Nigerian Economic Summit Group (NESG) during a […]
