Economy & Market
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103Currency Outside Banks Now ₦4.29tr, 94.2% of Currency in Circulation
Currency outside banks in Nigeria surged to a record high of N4.29 trillion in October 2024, accounting for 94.2 per cent of...
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110China Shares Drop With Asia Peers After Poor Data
Chinese shares fell, weighing on broader Asian equities, after disappointing retail sales data showed the world’s second-biggest economy is still struggling to...
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1362025 Domestic Macroeconomic: Reform to Recovery
In 2024, Nigeria’s macroeconomic environment witnessed significant changes as policymakers sustained market reforms in the monetary, FX, and fiscal space. In Q1-24,...
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113Economic and Market Report: Week Ended 13-12-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States rose for the second consecutive month,...
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116Stock Market Closes Week Bullish
Today, the Lagos bourse maintained the bullish trend as the All-Share Index and Year-to-date (YTD) return gained 63bps to close at 99,378.06...
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153Asian Stocks Fall as China’s Confab Disappoints
Asian equities fell Friday as a lack of details from a Chinese economic conference disappointed some traders and risk appetite weakened ahead...
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158World Bank May Approve $500m Loan to Nigeria Today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday)...
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122States Owe FG ₦16.6b –Edun
States across Nigeria owe the federal government a total of N16.6 billion, finance minister, Wale Edun, has said. He disclosed this to...
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101FG Raises ₦1.1tr via 6 Sukuk Bonds to Fund 124 Road Projects
The Federal Government has raised N1.1 trillion ($657.6 million) through the issuance of six Sukuk bonds, aimed at financing 124 critical road...
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88Imported Petrol Landing Cost Drops to ₦900/Litre
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36,...
