Economy & Market
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243Wema Bank Concludes First Tranche of Capital Raising
Wema Bank has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of...
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450Economic and Market Report: Week Ended 14-06-2024
Global Economy According to the Bureau of Labor Statistics (BLS), United States headline inflation fell below market expectations (3.4% y/y) as it...
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335NGX All-Share Index Ends Week Positive
This week, the local bourse ended on a positive terrain as it closed 0.71% higher. The rally was buoyed by positive sentiment in...
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322World Bank Approves $2.25b for Nigeria to Stabilise Economy
The World Bank yesterday approved a total sum of $2.25 billion for Nigeria to enable the federal government to sustain its reform...
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249All-Share Index Recoups Losses
EQUITIES The Nigerian equities staged a rebound, recouping prior session losses. Bullish sentiments resurfaced in the domestic equities market today, as bargain...
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472Market Update: Trade Volume Decreases
EQUITIES The Nigerian equities market reversed yesterday’s gains as sell pressures on MTNN (-0.4%) undermined market performance. Consequently, the NGX ASI dipped...
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212NGX Market Capitalisation Sheds ₦92.32b
Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 0.16% lower to settle at 99,630.51 points. Sustained investor...
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386No Plan to Revoke Wema, Polaris, Unity, Fidelity Licences –CBN
The Central Bank of Nigeria (CBN) yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema Bank, Polaris...
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308Local Bourse Records Positive Performance
EQUITIES Activities in the domestic equities market kicked off the week on a positive note, underpinned by gains in ACCESSCORP (+9.9%), TRANSCOHOT...
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325Treasury Bills: Bullish Trend Continues as Average Yield Dips
The Nigerian Treasury Bills (NT-Bills) market had a mixed performance last week, starting bullish with declining yields across most maturities. Post-auction, bearish...
