Economy & Market
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125Bulls Hold Sway Ahead of Easter Break
The equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%),...
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130Banking Bellwethers Lead Gains
EQUITIESBullish sentiments resurfaced in the domestic stock market today, driven by bargain hunting in ZENITHBANK (+8.8%) and GTCO (+5.7%) stocks. As a...
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170Visa and Mastercard agree to $30b settlement that will lower merchant fees
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have...
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154Profit Taking Drags Market Performance Down
EQUITIES The Nigerian equities market extended yesterday’s losses following sell pressures on MTNN (-1.7%) and FBNH (-3.4%). Accordingly, the All-Share Index declined...
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251Post MPC: CBN Raises Interest Rate to 24.75%
In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) again voted to raise the...
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128Capital Market Operators Celebrate Outgoing Exchange Boss Oscar Onyema
The Securities and Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders...
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317Central Bank Sells Dollar to BDCs at ₦1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been...
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131Capital Market Opens Week Bearish
EQUITIES The local bourse opened the week’s trading on a bearish note as profit-taking activities in DANGSUGAR (-10.0%) and TRANSCORP (-8.4%) undermined...
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177Pre-MPC Outlook: Further Tightening on the Cards
Domestic Macroeconomy: Pre-MPC Outlook … Further Tightening on the Cards This week, we share our outlook for the upcoming Monetary Policy Committee...
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141Regulatory Bodies Launch Roadmap on Sustainability Reporting Standard
The NGX Regulation Ltd. (NGX RegCo), the regulating body of the Nigerian Exchange Group and Financial Reporting Council of Nigeria (FRCN) on...
