Economy & Market
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3594% Development Levy not Additional Tax, Says FIRS
The Federal Inland Revenue Service (FIRS) said Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve...
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418CBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
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285Stock Market Closes Bullish as ASI Up 0.3%
EQUITIES The Nigerian equities market closed today’s trading session on a bullish note, as gains in BUACEMENT (+1.3%), UBA (+3.1%), GUINESS (+10.0%),...
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320NGX Expands Market Offerings with Introduction of Commercial Paper Listings
Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion...
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229Cash Demand Surges As Currency Outside Banks Hits ₦4.65tr
Nigeria’s appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling...
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259Nigeria Records Resilient Growth in Q3-25 at 3.98% Y/Y
The recent GDP report published by the Nigerian Bureau of Statistics (NBS) showed that Nigeria’s economy rose by 3.98% y/y in Q3-25,...
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251Domestic Equities Market Up 1.2%
EQUITIES The domestic equities market closed on a positive note today, as gains in DANGCEM (+10.0%), UBA (+3.8%), GUINNESS (+7.8%) and INTBREW...
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236Agric, ICT Drive GDP Growth to 3.98%
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, marking a slight improvement over the 3.86 per cent...
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331Negative Start to the Week as ASI Down 0.2%
EQUITIES The domestic equities market opened the week on a negative note as selloffs in INTBREW (-10.0%), DANGSUGAR (-1.6%) and WAPCO(-0.5%) drove...
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386SEC: Exit from Grey List, T+2 Reaffirms Nigeria as investment Destination
The Director-General, Securities & Exchange Commission (SEC), Emomotimi Agama has stated that Nigeria’s exit from the FATF gery list and the launching...
