Economic Reforms Drive All-Share Index To New Heights, Crosses 153,000 Points-

Nigeria’s equity market climbed to a new high, yesterday, extending its rally on the back of broad economic reforms and improving investor sentiment. The NGX All-Share Index (ASI) advanced 1.50 per cent to close at 153,736.25 basis points yesterday. The market capitalisation gained by N1.447 trillion to close at N97.581 trillion. The index has now gained 49.37 per cent year-to-date, underscoring the strength of demand in blue-chip stocks across key sectors. ……(Read More)

FG’s revenue up 68% to N20.9trn in 2024 — Budget Office-

The federal government’s  (FG) total revenue inflow increased by 68.11 percent to  N20.98 trillion  in 2024 compared to  N12.48 trillion recorded in 2023, the  budget office of the federation has disclosed in  its fourth quarter (Q4) 2024 budget implementation report The report, however, noted that the figure was N4.89 trillion (18.92 percent) lower than the 2024 annual budget estimate…….(Read More)

NGX adds N479bn as reforms boost investor confidence-

Nigeria’s equities market sustained its upward trajectory on Thursday, recording a gain of N479bn in market capitalisation as investors continued to respond positively to ongoing economic reforms and improving macroeconomic indicators. At the close of trading, the Nigerian Exchange index advanced by 753.65 points, or 0.49 per cent, to close at 154,489.90 points, while the market capitalisation appreciated to N98.1tn from the N97.6tn recorded in the previous session……(Read More)

Block trades lift equity market transactions to N1.62t-

Total transactions in the nation’s equity market rose significantly by 78.5 per cent to N1.62tn in September 2025, up from N908.38bn recorded in August 2025, according to the latest Domestic and Foreign Portfolio Participation in Equity Trading report released by the Nigerian Exchange Limited on Thursday. The NGX attributed the sharp increase in trading value to a series of block trades executed during the month under review, which boosted overall market activity…….(Read More)

Imported petrol landing cost drops to N840/litre amid price hike-

The landing cost of imported premium motor spirit (petrol) has dropped marginally from N849.61 to N839.97 per litre. This was according to data from the Major Energies Marketers Association of Nigeria. In the energy bulletins released by the MEMAN Competency Centre in the past, it was observed that the landing cost of imported petrol was an average of N849.61 on October 13; N847.61 on October 14; N841.54 on October 20; and N839.97 per litre on October 21…….(Read More)

Trump says all trade talks with Canada are terminated-

U.S. President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs. Trump imposed tariffs on Canadian steel, aluminium and autos earlier this year, prompting Ottawa to respond in kind. The two sides have been in talks for weeks on a potential deal for the steel and aluminium sectors……(Read More)