Economy & Market
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85Tax Bills for Passage March, Implementation July
The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has disclosed that the controversial tax reform bills...
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154Economic and Market Report: Week Ended 17-01-2025
Global Economy According to the Bureau of Labor Statistics (BLS), consumer prices in the United States increased by 20bps to 2.9% y/y...
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181W’Bank Projects 3.5% GDP Growth for Nigeria in 2025
The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per...
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157CBN will Build on FX, Remittance Reforms –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the apex regulator was going to build on the...
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134FG Not Involved in Setting Fuel Price –Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the price of crude oil in the international market remains a...
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1142025 Budget: N’Assembly Proposes ₦25tr Revenue Target for FIRS
The National Assembly Joint Committee on Finance yesterday commended the Federal Inland Revenue Service (FIRS) for surpassing its target last year. The...
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148Asian Stocks Rise as US Data Boost Fed Cut Bets
Asian equities tracked Wall Street’s gains as cooling US core inflation kept alive the prospect of Federal Reserve easing this year. The...
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151Dangote Refinery Petrol Production Affecting European Markets –OPEC
The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol)...
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161Stock Market Extends Bearish Route
EQUITIES Profit-taking activities continued today in the Nigerian equities market, as sell pressures on DANGCEM (-10.0%) weighed down the All-Share Index by...
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161Inflation Increases Further by 20bps to 34.80%
Nigeria’s headline inflation rose by 20bps to 34.80% y/y in December (November: 34.60% y/y). The increase was primarily attributed to the higher...
