Economy & Market
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111E-payment Transactions Rose 59% to ₦284.4tr in 2024
The value of electronic payment transactions rose by 59.3 per cent, year-on-year (YoY) to N284.4 trillion in 2024 from N178.5 trillion in...
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104CBN Sets Jan 31 Deadline for FX Compliance Reports
The Central Bank of Nigeria has directed participants in the foreign exchange market to submit compliance reports on adherence to the Nigeria...
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114SEC to Intensify Monitoring of Capital Market Operators –Agama
The Securities and Exchange Commission has pledged to intensify its oversight of capital market operators to ensure strict adherence to regulations and...
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122Banking Sector Propels NGX to Early Gains
EQUITIES The local bourse commenced the week on a positive note as buying interest in ACCESSCORP (+9.9%) and FBNH (+7.8%) drove the...
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113FGN Bond: Cautious Sentiment Dominates Market Performance
The domestic FGN Bonds secondary market opened last week on a subdued note, as cautious sentiment prevailed across most maturities. Market performance...
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103Treasury Bills: Market Sees Bullish Sentiment
The Nigerian Treasury Bills (NTB) secondary market experienced bullish sentiment last week, as heightened system liquidity and investor positioning shaped trading activity....
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110Forex Spending on Foreign Education, Health Defy Naira Depreciation
Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per...
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88Asian Stocks Gain as DeepSeek Fuels China AI Rally
Asian shares rose partly on optimism about artificial intelligence in China, defying broader market caution after a last-minute deal reversed Donald Trump’s...
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126Hyperinflationary Economy, IAS 29 Reporting Not Applicable to Nigeria –FRC
The Financial Reporting Council (FRC) has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards,...
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112PenCom Releases Additional ₦22b for Pension’s Settlement
The National Pension Commission (PenCom) said Office of the Accountant General of the Federation (OAGF) has released an additional N22 billion as part...
