Economy & Market
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80Domestic Bourse Starts Week’s Trading Bullish
EQUITIES The domestic bourse started the week’s trading on a bullish note, driven by buying interest in SEPLAT (+10.0%), following the Federal...
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112Asian 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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152Fraudsters Steal More than £3m a Day as Cases Rise
Fraud cases have risen by 16% with con artists stealing more than £3m a day, according to figures from the banking industry....
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144Nigeria Seeks Fresh $500m W’Bank Loan for Education
The Federal Government is discussing with the World Bank the possibility of securing a $500m loan to support basic education. This is...
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60Economic and Market Report: Week Ended 18-10-2024
Global Economy Consumer prices in the United Kingdom (UK) fell below the Bank of England’s 2.0% medium-term target for the first time...
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58Lagos Bourse Succumbs to Selling Pressures
In today’s trading session, the Lagos bourse succumbed to selling pressures, closing 0.01% weaker. Gains in TRANSPOWER (+8.76%), OANDO (+1.32%) and UBA...
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75Edun: ₦10tr Savings from Subsidy Removal for Infrastructure, Others
The Federal Government yesterday outlined how key reforms in the downstream petroleum sector and foreign exchange (forex) market would unlock more than N10 trillion...
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140World Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
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145China’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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142Local Bourse Sustains Bearish Run
EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed...
