Economy & Market
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258CBN Launches Initiatives to Drive Financial Inclusion
The Central Bank of Nigeria has officially launched three initiatives to drive financial inclusion in the country. The initiatives were launched at...
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218Tax Panel Proposes Relief for Loss-making Firms
The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has revealed that the panel has proposed tax relief...
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121Firms’ Confidence in Economy Falls 3.2 Index Points –CBN
Businesses have expressed less confidence in the economy with the Overall Confidence Index as the next three months fell by 3.2 index points to...
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138Stocks Drop as Traders Brace for Trump’s US Agenda
Asian stocks fell to the lowest level in almost two months on concerns US President-elect Donald Trump’s proposed tariffs and picks for...
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111Negative Outing on the Bourse
EQUITIES Bearish sentiments resurfaced in the Nigerian equities market, as sell pressures on OANDO (-9.4%), NESTLE (-4.0%), and DANGSUGAR (-4.8%) caused a...
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135Inflation, FX Scarcity Weighed Down Nigeria’s Ranking in Africa Financial Markets Index 2024
Nigeria dropped a point to earn an overall score of 64 that placed it on third position behind South Africa and Mauritius...
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122Asian Shares Drop as Traders Weigh Trump Agenda
Most Asian shares fell as traders weighed the impact of president-elect Donald Trump’s likely policy agenda and the stronger dollar on regional...
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116Interest Rate, Others Drive Foreign Portfolio Investment Up by 170%
The Central Bank of Nigeria, CBN’s, high interest rate regime and foreign exchange policy have whetted the appetite of Foreign Portfolio Investors,...
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118Bullish Sentiment Continues at the Exchange as ASI Up 0.14%
The domestic bourse kicked off the week on a positive note as buying interest in ARADEL (+10.0%), CUSTODIAN (+8.6%) and FLOURMILL (+1.6%)...
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States’ Debts Hit ₦11.4tr as Federal Allocations Rise
The total debt of Nigerian states has risen to N11.47tn as of June 30, 2024 despite higher allocations from the Federation Account...
