Economy & Market
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207Forex Crisis: Nigeria’s Foreign Trade Payments Crash by 57%
Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to...
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215FG Targets 5,000MW from Renewable Energy by 2030
To bridge the nation’s huge energy deficit, the Nigerian Electricity Regulatory Commission (NERC), has disclosed plans to add 5,000MW of electricity from...
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211Forex Reserves Decline to $36.32b on High Dollar Demand
Nigeria’s foreign exchange reserves fell to $36.32bn as of August 29, 2024, according to data released by the Central Bank of Nigeria...
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350Macroeconomy: Modest GDP Growth Print… An Enduring Gift from the “August Visitor”?
To begin with, the CBN in its bid to enhance FX liquidity, address demand pressures, and support price discovery reintroduced the Retail...
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365Economic and Market Report: Week Ended 30-08-2024
Global Economy According to the recently released data from Eurostat, Euro Area’s consumer prices eased by 40bps to 2.2% y/y in August...
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330Domestic Bourse Ends Week Positive, All-Share Index Up 0.63%
Ending the week, the domestic bourse ended the session on a positive note, bringing the All-Share index up by 0.63% week-on-week. The...
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331SEC Grants Digital Assets Exchanges ‘Approval-in-Principle’
In furtherance of its commitment to enabling innovation that would deepen the capital market while guaranteeing the protection of investors, the Securities...
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275Stocks Rise for Fourth Month on US Easing Hopes
Global stocks are closing in on a fourth month of gains, lifted by hopes of a soft landing for the US economy...
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375Currency Outside Banks Dropped to ₦3.7tr in July –CBN
The Central Bank of Nigeria’s (CBN) has disclosed currency outside the banking system dropped to N3.66 trillion in July, inferring that its...
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281NGX All-Share Index Rebounds
EQUITIES Sentiments in the domestic bourse turned positive as bargain-hunting activities witnessed in OANDO (+10.0%) triggered a 0.2% gain in the benchmark...
