Economy & Market
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109Volatility: ABCON to Operate Unified Retail FX Operations
To checkmate FX volatility, the Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed that it is working on establishing a...
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965First Positive Net Offshore Flows in 10 Months: Is CBN Pulling its Weight?
This week, we focus on the NGX Domestic & Foreign Portfolio Participation report for the month of March. For context, the report...
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122Economic and Market Report: Week Ended 26-04-2024
Global Economy Preliminary estimates from the United States (US) Bureau of Economic Analysis show that the US economy expanded by 1.6% q/q...
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98NGX All-Share Index Closes negative
Over the course of the week, losses in MTNN (-9.82% w/w), ZENITHBANK (-8.17% w/w), and FBNH (-16.26% w/w), outweighed buy interest in...
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82Local Bourse Rebounds
EQUITIES Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a 0.1%...
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92Equities Market Sustains Bearish Run
EQUITIES Bearish sentiments intensified in the Nigerian equities market in today’s session following sell pressures on MTNN (-10.0%). As a result, the...
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192Central Bank sells $10,000 to Bureau De Change at ₦1,021/$
The Central Bank of Nigeria (CBN) has announced the sale of $10,000 to each licensed Bureau De Change (BDC) operator nationwide. This...
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202e-Payment Transactions Surge by 89.3% to ₦234tr in Q1 2024
Electronic payment (e-Payment) transactions in Nigeria witnessed a remarkable surge in the first quarter (Q1) of 2024, hitting a total of N234...
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250Bears Resurface as All-Share Index Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%), NESTLE (-9.0%) and ZENITHBANK (-5.0%) undermined market performance....
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894
Enough Pain for Bank Stocks?
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
