Economy & Market
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143Money Supply Increases 64% to ₦108.95tr
According to the Central Bank of Nigeria, CBN, Money and Credit Statistics data released yesterday, the M2 has continued to increase since...
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155NSITF Moves to Ensure Security in Agency Banking, Fintechs
In a bid to enhance the security and welfare of workers in the informal sector, the Nigeria Social Insurance Trust Fund (NSITF) has...
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129Oyedele Defends New Tax Bill, Says Proposed Amendment Meant to Usher Fairer Template for VAT Distribution
Chairman of Presidential Advisory Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, yesterday, said the committee’s proposal on the derivation formula...
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110Asian Stocks Fall, Yen Strengthens as BOJ Holds
Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve...
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149Shares Slide as Exchange Wobble Continues
GLOOMY – Despite fleeting gains, the market has continued to struggle to bounce back The continuous downturn at the Nigerian Stock Exchange...
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135CBN to Use Any Tool to Fight Inflation –Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is prepared to use any tool...
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125PenCom Mandates PFAs to Suspend Investment in Commercial Papers
The National Pension Commission (PenCom) has directed licensed pension fund administrators (LPFAs) to suspend further investment in commercial papers with immediate effect....
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99Stop Ad-hoc FX Auctions, W’Bank tells CBN
The Central Bank of Nigeria has been urged to refrain from intervening in the foreign exchange market through forex auctions. It was...
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108Asian Stocks Fall as Caution Abounds, Japan Gains
Stocks in Asia declined as traders braced for volatility ahead of next week’s US election and the Federal Reserve’s rate decision. Benchmarks...
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135Profit-taking Drags Down Market Performance
EQUITIES Profit-taking activities continued today in the Nigerian equities market, with TRANSCORP (-7.4%), ACCESSCORP (-4.7%) and BUACEMENT (-1.0%) weighing down the bourse....
