Economy & Market
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77Stock Market Opens Week Bearish as ASI Down 0.1%
EQUITIES The Nigerian equities market opened the week on a bearish note, as losses in UBA (-2.9%), TRANSCORP (-1.1%), STERLINGNG (-6.9%), and...
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62States Pile Up ₦1.06tn Debt Despite Record Allocations
States across the country owe contractors and retirees a combined N1.06tn in outstanding obligations despite receiving record revenue inflows in 2024, according...
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68Asian Stocks Poised for Cautiously Upbeat Open
Asian markets look set for a positive open, supported by improved sentiment over potential Federal Reserve rate cuts and reports that US...
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48Domestic Macroeconomy: Harvest Gains Anchor Disinflation Trend –CPI Report
This week, we zoom in on the October 2025 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS)...
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47Economic and Market Report: Week Ended 21-11-2025
Global Economy According to the Office for National Statistics (ONS), headline inflation in the UK moderated to 3.6% y/y in October, following...
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62Profit-Taking Drags Down Market Performance
In today’s session, Market breadth closed negative at 0.40x, indicating more decliners than gainers. NCR (+9.89%) led the seventeen (17) gainers, while...
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52Virtual Currencies to be Taxed, Capital Market Gains Exempted –Oyedele
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that virtual currencies, including cryptocurrencies, will now fall...
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30Coordinated Reforms Stabilising Naira, Slashing Lending Rates –CBN
The Central Bank of Nigeria (CBN) on Thursday stated that its ongoing policy tightening and structural reforms are beginning to filter through...
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28Bearish Sentiments Persist at the Exchange as ASI Down 0.3%
EQUITIES Bearish sentiments persisted in the domestic bourse, as losses in UBA (-2.6%), OANDO (-5.6%), ACCESSCORP (-3.0%), and WEMABANK (-8.6%) drove the...
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35
Banks’ Deposit with Central Bank of Nigeria Soars to ₦48.40tr
The Nigerian banking sector’s deposits with the Central Bank surged by 154 per cent, reaching N48.40 trillion in the second quarter of...
