Economy & Market
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295NGX to Revamp Rules Guiding Corporate Listings
Apparently concerned with the dearth in listings in the capital market, the Nigerian Exchange Limited (NGX) has announced it is working on revamping...
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213AfDB Okays $500m Fresh Loan for Nigeria
The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the Economic...
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231Purchasing Managers Index Show Business Confidence at Record Low
Business confidence declined as the Stanbic IBTC Bank Purchasing Managers Index (PMI) was down from 50.1 in June to 49.2 in July...
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232Lagos Bourse Sustains Bearish Trend as ASI Down 0.4%
EQUITIES The bears continued to dominate trading in the local bourse as sell pressures on MTNN (-5.0%) undermined market performance. As a result, the...
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135FintechNGR, SEC Partner to Strengthen Regulations for Fintechs
In a significant move to deepen its advocacy objectives and enhance collaboration between regulators and Fintechs in Nigeria, FintechNGR, led by its...
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159National Assembly Amends CBN Act
The National Assembly, yesterday, passed an amendment to the Central Bank of Nigeria (CBN) Act, which increased the apex bank’s threshold of...
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343Equities Market Sustains Bearish Run
EQUITIES The Nigerian equities market sustained its bearish run, following losses in NB (-9.8%), ZENITHBANK (-2.2%) and UCAP (-9.0%). Consequently, the All-Share...
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283Lagos Bourse Sustains Bearish Performance
EQUITIES The domestic stock market continued its descent as investors sold off NESTLE (-9.8%) and UBA (-5.3%), causing a 0.3% decline in the...
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201Senate, SEC, Others Seek Strategies on Unclaimed Dividends
The Senate Committee on Capital Market, Security and Exchange Commission (SEC) and stakeholders in the capital market on Monday said they would...
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271MFBs Assets’ Value Hit ₦2.8tr in Q2 2024
Despite the economic headwind, the microfinance banking sector has continued to record impressive performance in all key assessment parameters with the sub-sector’s...
