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The All-Share Index (ASI) in the Nigerian Stock Exchange (NSE) remained stable above 106000 points gaining 0.35% on April 29th 2025. This was led by the trading value of Guaranty Trust Bank (GTB) and Access Bank (AccessCorp) two of the largest banks in Nigeria. The ASI is a benchmark index that tracks the performance of the entire stock market and its stability is a positive sign for investors. The gains were attributed to increased investor confidence and a rise in trading activity. This is a positive development for the Nigerian economy as a strong stock market can boost economic growth and attract foreign investment.

  • The All-Share Index (ASI) in the Nigerian Stock Exchange (NSE) remained stable above 106000 points gaining 0.

    35% on April 29th 2025.

    This was led by the trading value of Guaranty Trust Bank (GTB) and Access Bank (AccessCorp) two of the largest banks in Nigeria.

    The ASI is a benchmark index that tracks the performance of the entire stock market and its stability is a positive sign for investors.

    The gains were attributed to increased investor confidence and a rise in trading activity.

    This is a positive development for the Nigerian economy as a strong stock market can boost economic growth and attract foreign investment.

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The Central Bank of Nigeria (CBN) recently conducted an Open Market Operations (OMO) auction and raised over N1 trillion as money supply in the country continues to surge. OMO auctions are used by the CBN to control the supply of money in the economy by buying or selling government securities. This latest auction saw a high demand for government securities with the CBN selling more than it initially offered. This surge in money supply is attributed to the CBNs efforts to boost economic growth and provide liquidity in the financial system. The successful auction is expected to have a positive impact on the countrys economy.

  • The Central Bank of Nigeria (CBN) recently conducted an Open Market Operations (OMO) auction and raised over N1 trillion as money supply in the country continues to surge.

    OMO auctions are used by the CBN to control the supply of money in the economy by buying or selling government securities.

    This latest auction saw a high demand for government securities with the CBN selling more than it initially offered.

    This surge in money supply is attributed to the CBNs efforts to boost economic growth and provide liquidity in the financial system.

    The successful auction is expected to have a positive impact on the countrys economy.