Economy & Market
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154CBN Strengthens FX Market Surveillance
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasised the bank’s commitment to intensified surveillance of the foreign exchange (FX)...
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293Nigeria’s Sukuk Raises ₦1.09tr for Infrastructure Projects
The federal government has, through the Sovereign Sukuk Bond which debuted in 2017, successfully raised N1.09 trillion, the Debt Management Office (DMO)...
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114Bearish Outing at the Exchange as ASI down 0.1%
EQUITIES Bearish sentiments resurfaced in the Nigerian equities market, halting a three-day winning streak, as sell-offs in MTNN (-2.7%) and ZENITHBANK (-1.1%)...
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211Stocks Trade in Tight Range, US Copper Hits Record
Asian stocks traded in a tight range Wednesday as investors searched for a clear direction amid weaker US consumer confidence and uncertainty...
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175Nigeria’s Digital Payments, Others to Hit $1.5tr –Report
The digital payments economy in Nigeria and other African countries is projected to hit $1.5tn by the end of this decade, driven...
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184Fed Govt Okays Lagos International Financial Centre
The Federal Government has approved the establishment of the Lagos International Financial Centre (IFC) as part of efforts to position Nigeria as...
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166CBN Plans Fresh Battle Against Forex Speculators as Naira Slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order...
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351‘Investors’ Confidence in Nigeria Growing’
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described recent visits by top executives from JP Morgan, Citi...
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135Local Bourse Extends Gains as ASI Up 0.04%
EQUITIES Bullish sentiments persisted in the domestic bourse, as gains in ZENITHBANK (+3.2%) and GTCO (+1.4%) caused a 4bps increase in the...
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320Banks Borrow ₦9.2tr from CBN to Fund Operations
Nigerian Deposit Money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system...
