Economy & Market
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334Exchange Commission moves to curb illicit funds in banking recapitalisation
The Securities and Exchange Commission has revealed its stance against the admittance of illicit funds into the capital market through the fresh...
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156Bears Dominate Again
EQUITIESThe local bourse reversed yesterday’s gain as sustained profit-taking activities in GTCO (-3.9%) caused a 0.1% decline in the NGX ASI to...
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171Local Bourse Retreats
EQUITIES Positive sentiments resurfaced in the domestic equities market today following bargain hunting in FBNH (+6.9%). Precisely, the All-Share Index gained 0.1%...
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55NGX Group, Corporates Seek Government’s Intervention In Manufacturing Sector
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the...
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98Central Bank Scales Down Loans to Deposits Rate
The Central Bank of Nigeria (CBN) in a circular to Deposit Money Banks titled “Re: Regulatory Measures to Improve Lending to the...
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243Stock Market Posts Biggest Single-day Loss
For the eight consecutive sessions, the Lagos bourse extended its losing streak as the benchmark Index closed 1.93% weaker – the biggest...
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202Domestic Price Pressures to Persist in the Near Term
The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to...
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142Headline Inflation Increases Further
According to recent data from the National Bureau of Statistics (NBS), In March 2024, the headline inflation rate increased to 33.20% relative...
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143Capital Market Extends Losses
EQUITIES Activities in the Nigerian equities market picked from where they left off last week as investors sold off GTCO (-7.7%) stock....
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125Declining Crude Oil Production amidst Battle for the Soul of Naira
Domestic Macroeconomy: Declining Crude Oil Production amidst the Battle for the Soul of the Naira… Is Nigeria Turning the Corner Soon? This...
