Economy & Market
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47Bullish Sentiment on Customs Street as ASI Up 0.3%
EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in ARADEL (+7.5%), CONOIL (+10.0%) and WAPCO (+1.5%) drove the benchmark...
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78Asian Stocks Slip, Dollar Steadies Ahead of US CPI
Asian shares retreated as traders await key US inflation data for clues on whether the Federal Reserve will cut or hold interest...
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79New Senate Bill Bans Export of Raw Materials to Boost Local Industries
Senators at plenary yesterday, unanimously passed a bill to mandate local processing of at least 30 per cent of raw materials in...
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69Bank Directors Advise Tax Reforms Committee on Collaboration
The Bank Directors Association of Nigeria has called on the Presidential Fiscal Policy and Tax Reforms Committee to continue to maintain an...
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66Local Bourse Rebounds as ASI Up 0.1%
EQUITIES The Nigerian Equities market reversed yesterday’s loss as buying interest in MTN (+3.5%) spurred a 0.1% increase in the All-Share Index to 98,206.97...
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98Inflationary Pressures Hamper Business Operations in November
Sustained rise in inflation rate has stagnated business operations in Nigeria with the Purchasing Managers’ Index, PMI, still below the 50.0 points...
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73Stock Market Kicks Off Week Bearish as ASI Down 0.1%
EQUITIES The domestic bourse kicked off the week on a bearish note as profit-taking activities in WAPCO (-4.7%) caused a 0.1% decline...
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139Asia Stocks Fall on Korea Crisis, Weak China Data
Asian shares dropped, as South Korea’s political turmoil deepened and data showed a slow demand recovery in China. Oil rose after the...
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61Nigeria’s VAT collection hits ₦1.78 tr in Q3 2024
The Nigerian government raked in the sum of N1.78 trillion from Value Added Tax (VAT) in the third quarter of 2024. The...
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169Local Bourse Ends Week Positive
In a topsy-turvy week, the local bourse closed positive as the All Share Index gained 72bps to close at 98,210.75 points. During...
