Economy & Market
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164NGX All-Share Index Extends Gains
EQUITIES The Nigerian equities market commenced the week and month positively as demand for OANDO (+10.0%) drove the All-Share Index higher by...
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124Bond Market Continues Positive Trajectory
The FGN secondary bond market continued in a positive trajectory, as average yield dipped by 67bps w-o-w to 18.96% from 19.62% in...
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113Bullish Sentiment Continues at the Treasury Bills Market
The Nigerian Treasury Bills (NT-Bills) secondary market closed the week on a positive note, supported by improved system liquidity, (which stood at...
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113Stocks Decline as China Shows No Sign of Revival
Global equities began September on the back foot, after four months of gains, as China’s efforts to support its ailing economy showed...
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68Forex 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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74FG 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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69Forex 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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163Macroeconomy: 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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152Economic 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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144Domestic 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...
