Economy & Market
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88Local Bourse Off to a Bullish Start
EQUITIES The domestic stock market traded marginally higher as buying interest in WAPCO (+9.5%) offset sell pressures on ACCESSCORP (-3.0%) and TRANSCORP...
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100Asian Stocks Rise as China Rebounds on Policy Help
Asian shares edged higher, following a rally in heavyweight Samsung Electronics Co. Ltd. and gains in Chinese stocks on fresh signs of...
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60NGX Proposes Tougher Rules for Large-Volume Trades
The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback...
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212Economic and Market Report: Week Ended 15-11-2024
Global Economy According to the Bureau of Labor Statistics (BLS), consumer prices in the United States increased for the first time since...
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132Headline Inflation Expands to 33.88% y/y in October
Consumer prices in Nigeria increased by 118bps to 33.88% y/y in October (September: 32.70% y/y). The outturn is 39bps and 48bps higher...
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28FEC Approves ₦47.9 Trillion Budget Proposal For 2025
The Federal Executive Council (FEC), yesterday approved a N47.9 trillion federal budget estimate for the 2025 fiscal year during its meeting at...
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126Fuel Importation Hasn’t Stopped –NNPC
The Nigerian National Petroleum Company Limited says it has not stopped the importation of petroleum products into the country. NNPC spokesperson, Olufemi...
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106Bears Hold Sway as ASI Down 0.2%
EQUITIES The Nigerian equities market reversed yesterday’s gains as sell pressures on BUACEMENT (-5.9%) undermined market performance. Thus, the NGX-ASI declined by...
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138Tax Committee Proposes Relief for Loss-Making Firms
The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has disclosed that the committee has put forward a...
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138Islamic Financing Rises to $3.8b, Says NAICOM Chief
The Islamic financing in the country has grown to about three per cent of the country’s total financial market with an estimated...
