Economy & Market
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186Bearish Sentiments Resurface at the Stock Market
EQUITIES Bearish sentiments resurfaced in the Nigerian stock market as sell-pressures on MTNN (-7.9%) caused the All-Share Index to decline by 0.3% to...
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152FG Unveils ASAP Implementation Committee to Foster Sustainable Development
In a significant step towards addressing Nigeria’s economic challenges, the Federal Government has unveiled plans aimed at revitalizing key sectors of the...
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129Average Maximum Lending Rate Decline by 28.89% Amid MPR Hike
On the back of the recent in Monetary Policy Rate (MPR) to 26.75 per cent, by the Monetary Policy Committee (MPC) of...
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83Currency in Circulation Peaked at ₦4.05tr in July –CBN
The Central Bank of Nigeria (CBN) has reported that the currency in circulation surged to an unprecedented N4.05 trillion in July 2024,...
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113Without Structural Gaps, Nigeria’s GDP will Grow by 5% –IMF
The International Monetary Fund has said that Nigeria’s economy stands to grow at five per cent beyond the current 3.19 per cent...
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164Bulls Extend Gains at the Exchange
EQUITIES Sentiments remained bullish in the domestic bourse as bargain hunting activities in FBNH (+10.0%) and OANDO (+10.0%) spurred a 0.5% increase...
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145CBN Lifts Suspension on Standing Lending Facility
The Central Bank of Nigeria (CBN) has officially announced the lifting of the suspension on the Standing Lending Facility (SLF), a critical...
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190Nigeria’s GDP Expands by 3.19% in Q2
Nigeria’s Gross Domestic Product (GDP) recorded a year-on-year growth of 3.19% in real terms during the second quarter of 2024, marking a...
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101NGX-ASI Off To Bullish Start
EQUITIES Trading in the Nigerian equities market began the week on a positive note as buying interests in BUAFOODS (+4.2%) drove the...
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119Despite Contributing 46% to GDP, MSMEs Still Lack Market Access –NESG
The Nigerian Economic Summit Group (NESG) has decried the low level of market access by Nigeria’s Micro, Small and Medium Enterprises (MSMEs)...
