Economy & Market
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124CBN will Build on FX, Remittance Reforms –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the apex regulator was going to build on the...
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101FG Not Involved in Setting Fuel Price –Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the price of crude oil in the international market remains a...
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372025 Budget: N’Assembly Proposes ₦25tr Revenue Target for FIRS
The National Assembly Joint Committee on Finance yesterday commended the Federal Inland Revenue Service (FIRS) for surpassing its target last year. The...
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117Asian Stocks Rise as US Data Boost Fed Cut Bets
Asian equities tracked Wall Street’s gains as cooling US core inflation kept alive the prospect of Federal Reserve easing this year. The...
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117Dangote Refinery Petrol Production Affecting European Markets –OPEC
The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol)...
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129Stock Market Extends Bearish Route
EQUITIES Profit-taking activities continued today in the Nigerian equities market, as sell pressures on DANGCEM (-10.0%) weighed down the All-Share Index by...
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129Inflation Increases Further by 20bps to 34.80%
Nigeria’s headline inflation rose by 20bps to 34.80% y/y in December (November: 34.60% y/y). The increase was primarily attributed to the higher...
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156Equities Tread Water Before US CPI, Yen Gains
Asian stocks saw choppy trading as traders awaited US inflation data for clues on the path of Federal Reserve policy. The yen...
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91CBN Sanctions Banks for ATM Cash Dispensing Failures
In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks...
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74FG Plans Community Engagement to Drive Tax Reform Acceptance
The federal government is set to commence a nationwide community engagement campaign to drive understanding and acceptance of the tax reform bills...
