Economy & Market
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184Oil Sector Reforms Attracted $17b Investments –NNPC
The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the...
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119Lagos GDP Hits $259b, Becomes Africa’s 2nd Largest City Economy
Lagos State has solidified its position as one of Africa’s leading economic hubs, with its Gross Domestic Product (GDP) soaring to $259.75...
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128Bears Maintain Grip as ASI Down 0.1%
EQUITIES The domestic bourse continued its downward trend as sell pressures on CONOIL (-10.0%), UBA (-1.6%) and DANGSUGAR (-3.0%) drove the All-Share...
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147FG Expands Bond Listings With Over 900m Units on NGX
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its existing February 2025 bonds...
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133As Implementation Begins, Reps Urge CBN to Suspend New ATM Charges
The House of Representatives has called on the Central Bank of Nigeria (CBN) to immediately suspend the implementation of the policy to...
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121
Nigeria’s Oil Production Falls to 1.47m Barrels Per Day
Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries. Oil...
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105Stock Selloff Eases as Trump Comments Lift Mood
Stocks edged up in Asia along with futures for European and US markets after President Donald Trump sought to reassure a business...
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114Bears Resurface at the Exchange as ASI Down 0.4%
EQUITIES The Nigerian Equities market reversed yesterday’s gains as sell pressures in MTNN (-4.2%), TRANSCORP (-1.1%) and ACCESSCORP (-1.8%) triggered a 0.4%...
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134FIRS Pledges to Raise Tax-to-GDP Ratio, Improve Tax Compliance
The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio by improving tax...
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120Stock Selloff Moderates in Asia, Futures Advance
A global selloff in stocks eased in Asian hours as futures on US equity indexes, Treasury yields and cryptocurrencies all recovered from...
