Economy & Market
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116Bullish Sentiment Prevails at the Treasury Bills Market
The Treasury Bills market exhibited a bullish sentiment last week, primarily fueled by strong demand, as indicated by substantial subscription volumes at...
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New Tax Policy to Exempt 95% of Informal Sector –Oyedele
The federal government’s proposed new tax reforms aimed to legally exempt 95% of businesses and individuals operating in the informal sector from...
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196NGX All-Share Closes Week Negative
The Lagos bourse closed the week down by 136bps w/w. Over the course of the week, selloffs in AIRTELAFRI (-10.32% w/w), ZENITHBANK...
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67Economic and Market Report: Week Ended 10-05-2024
Global Economy In line with market expectations, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority...
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96Central Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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90SEC Issues New Rules on Issuance, Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC) has exposed new rules on issuance and allotment by private companies securities declaring that any person...
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105Bargain Hunting Spurs Mild Gain at the Exchange
EQUITIES The local bourse edged higher in today’s trading session as buying interest in GTCO (+5.3%) supported market performance. Thus, the All-Share Index...
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74‘Cybersecurity Levy Adds Burden on Businesses, Unjustifiable’
The Lagos Chamber of Commerce and Industry (LCCI) has said that the directive by the Central Bank of Nigeria (CBN) imposing a...
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75
CBN Unveils List of Licensed Deposit Money Banks
Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national...
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90Equities Market Trades Flat
EQUITIES The local bourse traded with mixed sentiments as losses in WAPCO (-5.4%) and ZENITHBANK (-2.6%) offset a gain in MTNN (+2.3%)....
