Money Market
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75Nigeria Loses ₦13tr to Forex Subsidy –World Bank
The Federal Government incurred a significant loss of N13.2tn in foregone revenue as a direct consequence of the implementation of its foreign...
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109Asian Shares Trade in Range, Gold Rises to Record
Asian shares were mixed as investors waited for further trading catalysts. Gold touched a record high as Middle-East tensions stoked demand and...
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143China’s Buyback Plans, GDP Fuel Asia Stock Gains
Asian equities rose as investors digested China’s better-than-expected economic data and stock buyback program details from the country’s central bank. Gold hit...
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35Domestic Bourse Sustains Bullish Performance
EQUITIES The Nigerian equities market traded with positive sentiments driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). Thus,...
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173European Futures Gain; Yen Rebounds on Elections
European stock futures gained in line with Asian shares as risk appetite across financial markets got a further boost from China’s latest...
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160Bears Resurface on Customs Street as ASI Down 0.5%
EQUITIES Bearish sentiments resurfaced in the domestic equities market, as sell pressures in MTNN (-4.4%) drove the All-Share Index lower by 0.5% to...
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214Equity Futures Rise as Tech Fuels Asian Stocks
European and US equity index futures rose in line with Asian stocks’ rebound, fueled by China’s stimulus measures and fresh signs of...
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123
Asian Stocks, Europe Futures Rise on PBOC Stimulus
European stocks are set to open higher after Asian peers rallied on a slew of stimulus measures announced by China’s central bank...
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193Bears Resurface as ASI Down 0.2%
EQUITIES The Nigerian stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%) triggered a 0.2% decline in the benchmark index....
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178
Stock Market Sustains Bullish Performance as ASI Up 0.6%
EQUITIES The domestic bourse extended its bullish momentum in today’s session as gains in GEREGU (+9.5%), FBNH (+6.3%), and OANDO (+6.1%) lifted...
