Economy & Market
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147Bulls Extend Reign as ASI Up 1.3%
EQUITIES The domestic equities market sustained its bullish momentum for the third consecutive session this week, driven by gains in DANGCEM (+10.0%),...
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174Stocks Rise, Euro Strengthens on US-Russia Talks
Asian equities rose as US-Russia talks spurred expectations for an end to the war in Ukraine. Risk sentiment was also stoked by...
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161House Passes Tax Reform Bills for Second Reading
The House of Representatives yesterday passed the controversial tax reform bills submitted by President Bola Tinubu for second reading. The bills are:...
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168Local Bourse Extends Gains as ASI Up 1.2%
EQUITIES The local bourse extended yesterday’s gains as buying interest in DANGCEM (+3.9%) and TRANSCOHOT (+10.0%) caused a 1.2% increase in the...
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191‘Nigeria Got $52b from Afreximbank, Largest in Africa’
Nigeria has received a cumulative disbursement of approximately $52bn from the African Export-Import Bank, making it the largest beneficiary of the bank’s...
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126Customs Suspends 4% Levy on Imports
The Nigeria Customs Service (NCS) has announced suspension of the implementation of 4% Free-on-Board (FOB) value on imports, following public outcry by...
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151Senate Proposes ₦10b for Capital Market Awareness
The Senate has proposed an N10bn fund for investor education in the capital market as part of the 2025 budget. The Chairman...
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128CBN Reviews ATM Transaction Fees, Scrap Free Withdrawals
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs). In a circular...
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121Bullish Sentiment Resurfaces at the Exchange
EQUITIES Bullish sentiment resurfaced in the domestic stock market as gains in DANGCEM (+5.3%) and TRANSCORP (+8.9%) drove the All-Share Index up...
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181Forex Inflows into NAFEM Rose to $4.74b in January –FMDQ
The total foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) surged by 53.3 per cent month-on-month (m/m) to $4.74...
