Economy & Market
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322Why Nigeria’s Tax System is Undergoing Significant Reforms –FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Zaach Adedeji, yesterday explained that Nigeria’s tax system reforms are driven by the...
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272CBN Reintroduces Cybercrime Levy
The bank in its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025 document, revealed that as part of...
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214Fed Jolts Asian Assets, Lifts US Equity Futures
Asian stocks rose along with US equity futures on speculation that the Federal Reserve’s half-percentage-point interest-rate cut will guide the world’s largest...
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280Stock Market Sustains Bullish Performance as ASI Up 0.6%
EQUITIES The domestic bourse extended its bullish momentum in today’s session as gains in GEREGU (+9.5%), FBNH (+6.3%), and OANDO (+6.1%) lifted...
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289CBN Maintains 5% Ways and Means Advances to Govt
The Central Bank of Nigeria has confirmed that it will sustain its Ways and Means Advances to the Federal Government at a...
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181Nigeria’s, Other Consumer Markets to Hit $2.5tr
The Minister, Industry Trade and Investment Doris Uzoka Anite yesterday disclosed that Africa is the fastest growing consumer market globally, with over...
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164Yen Rises, Stocks Are Mixed as Fed Decision Nears
The yen strengthened, recouping much of Tuesday’s losses, amid a largely directionless Asian session as traders debated the size of a potential...
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141CBN Pegs BDC Forex Sales at $5,000
The Central Bank of Nigeria has limited bureau de change operators’ single foreign exchange cash sales to $5,000. According to the apex...
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179Bullish Start to New Trading Week
EQUITIES Trading in the domestic equities market carried on last week’s bullish performance, as interest in GEREGU (+5.0%) and FBNH (+10.0%) drove...
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202Inflation Drops to 32% Despite Petrol Price Hike –NBS
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol...
