Posts By FinIntell
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120Economy & MarketYen Rises, Stocks Are Mixed as Fed Decision Nears
The yen strengthened, recouping much of Tuesday’s losses, amid a largely directionless Asian session as traders debated the size of a potential...
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192Foreign NewsOil Prices Steady, with Investors Focusing on Fed Decision
Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve’s anticipated interest rate...
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107Economy & MarketCBN Pegs BDC Forex Sales at $5,000
The Central Bank of Nigeria has limited bureau de change operators’ single foreign exchange cash sales to $5,000. According to the apex...
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11The EntrepreneurAutomakers Change Course on EV Strategies
Automotive companies have scaled back their plans to produce and sell electric vehicles (EVs), instead focusing their attention on more profitable legacy...
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112Stock MarketBullish Start to New Trading Week
EQUITIES Trading in the domestic equities market carried on last week’s bullish performance, as interest in GEREGU (+5.0%) and FBNH (+10.0%) drove...
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1.9KOpinionInflation to Increase in September on Higher PMS Prices
Headline inflation maintained a downtrend in August, which was primarily supported by the high statistical base from last year’s corresponding period. According...
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207Foreign NewsOil Climbs on US Output Concerns
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of...
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227Industry & MoneyNERC Orders Discos to Procure 398MW Embedded Power
The Nigerian Electricity Regulatory Commission has mandated electricity Distribution Companies to procure a minimum of 398MW of embedded generation to enhance the...
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130Business NewsFG, States, LGs Shared ₦3.47tr in Q2 –NEITI
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government...
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131Economy & MarketInflation Drops to 32% Despite Petrol Price Hike –NBS
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol...
