Economy & Market
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183Bank Recapitalisation Key to Unlocking Nigeria’s $1trn Economy –Cardoso
The Governor, Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that the ongoing recapitalisation of commercial banks in the country is...
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168Banks Refund ₦7.05b, $714,569 to Customers –CBN
The Central Bank of Nigeria has revealed that banks operating in the country have refunded about N7.05bn and $714,569.03 to customers following...
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82Domestic Bourse Sustains Bullish Performance
EQUITIES The Nigerian equities market traded with positive sentiments driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). Thus,...
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183Inflation Increases by 55bps to 32.70% y/y in September
Nigeria’s headline inflation advanced by 55bps to 32.70% y/y in September (August: 32.15% y/y). The outturn is 30bps higher than Cordros’ (32.40%...
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170Tech Stocks Rally While Oil, Energy Shares Drop
European equity futures climbed and Asian stocks fluctuated after another record high on Wall Street. Oil dropped as concerns eased about Israel...
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181Bulls Kickstart the Week
EQUITIES The domestic bourse commenced the week on a bullish note as gains in GTCO (+1.8%) and OANDO (+2.7%) drove the All-Share...
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207NGX Admits Aradel Holdings to Main Board
Aradel Holdings Plc, an integrated energy company, has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board on Monday, 14...
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165MOFI Advocates Tokenisation to Transform Nigeria’s Asset Management, Capital Market
The ongoing discourse around digital assets and their transformative potential continues to be a front-burner issue for organisations worldwide, including key players...
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156FG Introduces Tax Payment in Installments
The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this...
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143Economic and Market Report: Week Ended 11-10-2024
Global Economy Consumer prices in the United States (US) maintained a downward trend in September, as headline inflation moderated by 10bps to...
