Economy & Market
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59Stock Market Closes Stronger as ASI Up 1.08%
Today, the NGX closed 1.08% stronger, buoyed by interests in DANGCEM (+4.57%), TRANSCOHOT (+9.71%), and UACN (+10.00%) offset selloffs in MANSARD (-7.19%),...
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55Lagos to Double Tech Contribution to GDP by 2030 –Commissioner
The Lagos State Commissioner for Innovation, Science, and Technology, Olatunbosun Alake, has stated that the state plans to increase the contribution of...
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60SEC to Launch USSD Code, ISS Audio
The Securities and Exchange Commission is set to unveil two innovative products: a USSD Service and ISS Audio, designed to democratise information...
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45Bullish Sentiments Persist at Local Bourse as ASI Up 0.1%
EQUITIES Bullish sentiments persisted in the local bourse today as gains in WAPCO (+3.5%), ETI (+8.5%) and TRANSCORP (+2.1%) drove the All-Share Index higher...
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384% Development Levy not Additional Tax, Says FIRS
The Federal Inland Revenue Service (FIRS) said Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve...
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39CBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
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44Stock Market Closes Bullish as ASI Up 0.3%
EQUITIES The Nigerian equities market closed today’s trading session on a bullish note, as gains in BUACEMENT (+1.3%), UBA (+3.1%), GUINESS (+10.0%),...
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31NGX Expands Market Offerings with Introduction of Commercial Paper Listings
Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion...
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20Cash Demand Surges As Currency Outside Banks Hits ₦4.65tr
Nigeria’s appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling...
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47Nigeria Records Resilient Growth in Q3-25 at 3.98% Y/Y
The recent GDP report published by the Nigerian Bureau of Statistics (NBS) showed that Nigeria’s economy rose by 3.98% y/y in Q3-25,...
