Economy & Market
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115‘Forex Reforms Facilitated More Foreign Investments’
The reforms in the foreign exchange (forex) market have significantly improved valuation transparency in companies and enabled more foreign investors to invest...
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108Customers’ Deposits in Failed Heritage Bank Safe –NDIC
The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their...
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97NACCIMA, OPS Seek Review of New Tax Bill, Say Arbitrariness Will Negatively Impact Economy
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organised Private Sector (OPS) have expressed concern over...
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155Macroeconomy: PMI Halts Two-Month Expansion
This week, we analyse the latest Purchasing Managers’ Index (PMI) data released by the Central Bank of Nigeria (CBN) for October and...
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134Economic and Market Report: Week Ended 22-11-2024
Global Economy According to the Office for National Statistics (ONS), consumer prices in the United Kingdom (UK) rose to a six-month high,...
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192Asia Stocks Gain Led by Tech as Gold, Bitcoin Rise
Asian equities rose Friday, with semiconductor companies rallying as investors shook off initial concerns over Nvidia Corp.’s revenue outlook. Gold jumped. Shares...
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189Selloffs on Banking Stocks Drag the Bourse as ASI Down 0.2%
EQUITIES The bears resurfaced in the Nigerian equities market as sell pressures on OANDO (-5.6%) and GTCO (-2.5%) caused the All-Share index...
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157Recapitalisation: Banks Have Raised ₦1.7tr Via E-Offering –SEC
The Securities and Exchange Commission (SEC) has disclosed that banks have collectively raised about N1.682 trillion via e-offering in the ongoing recapitalisation exercise....
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174Nigeria, Four Others Handled 85% of Africa’s Private Deals –Report
Nigeria, South Africa, Kenya, Ghana, and Egypt accounted for an overwhelming 85 per cent of all private market deals in Q3 2024,...
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138Bullish Momentum Continues as ASI Up 0.3%
EQUITIES The domestic bourse maintained its bullish momentum, as sustained interest in WAPCO (+10.0%) drove the All-Share Index up by 0.3% to...
