Economy & Market
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111Asian 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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111Dangote 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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122Stock 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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123Inflation 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...
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151Equities Tread Water Before US CPI, Yen Gains
Asian stocks saw choppy trading as traders awaited US inflation data for clues on the path of Federal Reserve policy. The yen...
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88CBN Sanctions Banks for ATM Cash Dispensing Failures
In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks...
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69FG Plans Community Engagement to Drive Tax Reform Acceptance
The federal government is set to commence a nationwide community engagement campaign to drive understanding and acceptance of the tax reform bills...
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65Free Trade Zones: No Revenue Loss for Government –Jada
The Managing Director and CEO of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada has asserted that Nigeria’s Free...
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81Bearish Sentiments Persist at the Exchange as Index Down 1.7%
EQUITIES Bearish sentiments persisted in the Nigerian stock market as losses in DANGCEM (-10.0%) and MTNN (-3.7%) caused a 1.7% decline in...
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35MDAs Remitted ₦7b VAT in Two Months –Report
Ministries, Departments, and Agencies of the Federal Government remitted a total of N7.04bn in Value Added Tax to the Federal Inland Revenue...
