Economy & Market
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116Rising Food Prices Drive Inflation to 34.6% High
Nigeria’s inflation rose to 34.60 per cent in November 2024, reflecting a 0.72 per cent increase from October’s rate of 33.88 per...
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100Asian Stocks Fluctuate Before Key Rate Decisions
Asian equities fluctuated as traders awaited a raft of interest-rate decisions by central banks this week, including the Federal Reserve. A key...
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162Stock Market Sustains Positive Sentiment as ASI Up 0.6%
EQUITIES The local bourse kicked off the week on a positive note as gains in OANDO (+5.9%) and ARADEL (+9.1%) caused a...
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167Nigeria Expenditure Exceeds Revenue by ₦4.5tr –Report
The Federal Government’s expenditure exceeded its accrued revenue in the first six months of 2024, resulting in a budget deficit of N4.53tn,...
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142NGX Chairman Slams Low Investor Numbers, Pushes for Technology Integration
The Chairman of the Nigerian Exchange Group Plc, Umaru Kwairanga, has expressed concerns over the low number of investors in Nigeria’s capital market,...
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167Currency Outside Banks Now ₦4.29tr, 94.2% of Currency in Circulation
Currency outside banks in Nigeria surged to a record high of N4.29 trillion in October 2024, accounting for 94.2 per cent of...
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134China Shares Drop With Asia Peers After Poor Data
Chinese shares fell, weighing on broader Asian equities, after disappointing retail sales data showed the world’s second-biggest economy is still struggling to...
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1612025 Domestic Macroeconomic: Reform to Recovery
In 2024, Nigeria’s macroeconomic environment witnessed significant changes as policymakers sustained market reforms in the monetary, FX, and fiscal space. In Q1-24,...
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142Economic and Market Report: Week Ended 13-12-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States rose for the second consecutive month,...
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139
Stock Market Closes Week Bullish
Today, the Lagos bourse maintained the bullish trend as the All-Share Index and Year-to-date (YTD) return gained 63bps to close at 99,378.06...
