Economy & Market
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193Stock Market Closes Week Bullish
Today, the Lagos bourse maintained the bullish trend as the All-Share Index and Year-to-date (YTD) return gained 63bps to close at 99,378.06...
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214Asian Stocks Fall as China’s Confab Disappoints
Asian equities fell Friday as a lack of details from a Chinese economic conference disappointed some traders and risk appetite weakened ahead...
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242World Bank May Approve $500m Loan to Nigeria Today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday)...
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346States Owe FG ₦16.6b –Edun
States across Nigeria owe the federal government a total of N16.6 billion, finance minister, Wale Edun, has said. He disclosed this to...
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355FG Raises ₦1.1tr via 6 Sukuk Bonds to Fund 124 Road Projects
The Federal Government has raised N1.1 trillion ($657.6 million) through the issuance of six Sukuk bonds, aimed at financing 124 critical road...
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286Imported Petrol Landing Cost Drops to ₦900/Litre
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36,...
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184Bulls Tighten Grip as ASI Up 0.3%
EQUITIES The domestic stock market closed higher for the third consecutive day as sustained interest in WAPCO (+6.1%) caused a 0.3% increase...
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311Banks Lost ₦42.33b to Fraud in Six Months –Report
Banks in Nigeria have reported a staggering N42.33bn in fraud-related losses over the first two quarters of 2024, with increases recorded across...
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182Asian Stocks Rise After US Inflation Backs Fed Cut
Asian stocks climbed Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations of a Federal Reserve...
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204Oil Production in Nigeria Hits 1.7mbpd
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day...
