Economy & Market
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178Economic and Market Report: Week Ended 08-05-2026
Global Economy According to the Bureau of Labour Statistics, total non-farm payroll employment in the US increased by 115,000 jobs in April,...
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126Local Bourse Ends Trading Session Lower as ASI Down 1.3%
EQUITIES The local bourse ended today’s session lower as sell pressures in DANGCEM (-4.9%), BUACEMENT (-6.5%), WAPCO (-5.1%) and ZENITHBANK (-3.1%) caused...
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196Domestic Bourse Advances in Performance as ASI Up 0.4%
EQUITIES The domestic bourse closed on a bullish note with the All-Share Index advancing by 0.4% to close at 242,729.52 points, as...
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125Banks’ Lending to Private Sector Climbs to ₦94.6tr in February –CBN
Credit extended by Nigeria’s banking industry to the private sector rose to an all-time high of N94.6 trillion in February 2026, underscoring...
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218Stock Market Opens Week Bullish as ASI Up 0.4%
EQUITIES The local bourse commenced the week on a bullish note as gains in BUACEMENT (+2.6%), STANBIC (+9.7%), GTCO (+3.7%) and DANGSUGAR (+10.0%) drove...
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123Banks Deposit with CBN Slumps to ₦92.32tr on MPR Cut
Following the reduction in the Monetary Policy Rate (MPR) to 26.50 per cent from 27 per cent by the Monetary Policy Committee...
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209CBN Issues New Directives on Bank Charges
The Central Bank of Nigeria has scrapped card maintenance fees, directing banks not to charge any maintenance fee on naira-denominated debit or...
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269Nigeria’s Economy Contracted in April, Fell to 49.4 –CBN
According to a Central Bank of Nigeria report released yesterday, business activity dropped to 49.4 on the Purchasing Managers’ Index scale, which...
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314Afreximbank Funds Three New Nigerian Refineries
The Senior Executive Vice President of African Export-Import Bank, Denys Denya, has said the bank is financing three additional refineries in Nigeria...
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287Diaspora Inflows now Strategic FX Pillar for Nigeria –CBN
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has recast diaspora remittances as a strategic pillar of Nigeria’s foreign exchange stability, saying...
