Economy & Market
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1.2KSurvival Pressure Rises on Tier-2 Banks as Recapitalisation Deadline Nears
Nigeria’s Tier-2 (mid-tier) banks are scrambling to shore up their balance sheets as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation...
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1.2KNGX Suspends Three Insurance Firms for Missing Audits
The Nigerian Exchange Limited has suspended trading in the shares of three listed insurance companies for failing to file their audited financial...
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1.2KStocks Cautious Before US Return, Gold Hits Record
Stocks treaded water as traders awaited Wall Street’s reopening after the long weekend for direction in what is historically the weakest month...
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1.2KBearish Start to September as ASI Down 0.4%
EQUITIES The domestic equities market closed the first trading session of the week on a bearish note, as profit-taking activities in WAPCO...
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1.2KAsian Shares Dip After US Tech Rout, Alibaba Jumps
Asian equities fell after a tech selloff hit Wall Street Friday, with chip shares among the biggest losers. Hong Kong was an...
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1.2KNigeria, Brazil Central Banks Deepen Financial Ties
The Central Bank of Nigeria (CBN) and the Banco Central do Brasil are moving to deepen financial and economic cooperation following high-level...
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93Economic and Market Report: Week Ended 29-08-2025
Global Economy According to the United States Department of Labor, US initial jobless claims declined by 5,000 w/w, to 229,000 in the...
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1.2KStock Market Performance Weakens as ASI Down 0.19%
In today’s session, the market performance weakened as the NGX ASI and market capitalisation declined by 0.19%. Market activity also contracted sharply,...
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1.2KFG Should Anchor Economic Growth on Productivity, not Inflation –NESG
The Nigeria Economic Summit Group, NESG, has called on the Federal Government to anchor its economic growth objectives on productivity and not...
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1.3KDiaspora Inflows Hit $600m Monthly –Cardoso
Nigeria’s diaspora remittances surged by 200 percent to $600 million in the past two months. The Governor of the Central Bank of...
