Economy & Market
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174Stock 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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179Inflation 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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207Equities 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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141CBN 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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122FG 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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116Free 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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133Bearish 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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165MDAs 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...
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124Dollar Slips, Chinese Stocks Rise on Tariff Report
Chinese stocks led Asia higher while the dollar weakened on news that members of President-elect Donald Trump’s economic team discussed a gradual...
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165We’ll Achieve ₦36.35tr Projected Revenue in 2025 – Budget Minister
The Minister of Budget and Economic Planning, Abubakar Bagudu, expressed confidence yesterday in Abuja that the federal government will achieve its N36.35...
