Economy & Market
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92Currency in Circulation Rises to ₦5.01tr, Cash Outside Banks Now ₦4.63tr
Currency in circulation (CIC) in Nigeria climbed to N5.015 trillion in May 2025, marking a modest increase from N5.003 trillion in April,...
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133Stock Market Opens Second Half of the Year Negative
EQUITIES The domestic equities market opened the second half of the year on a negative note, as sell pressures on DANGCEM (-3.4%),...
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653Global Stock Rally Extends in Asia, Dollar Steady
Stocks kicked off the second half by building on a record-breaking rally as expectations grow that the US economy will withstand uncertainties...
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349Banks’ Deposits with CBN Soar 907% to ₦68.9tr
Banks have increased their deposit with the Central Bank of Nigeria, CBN, by 907.3 percent Year-on-Year, YoY, to N68.9 trillion in the...
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656CBN Posts $3.73b Current Account Surplus in Q1
Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, buoyed by a strong rebound in the...
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780₦611.7b Spent on Dollar Bond Service in March –DMO
The Federal Government spent N611.71bn in March 2025 to service its first-ever domestic US Dollar-denominated bond, marking a significant fiscal milestone and...
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662Bearish Start to the Week as ASI Down 0.01%
EQUITIES The Nigerian equities market commenced the week on a bearish note, as losses in WAPCO (-3.0%), GTCO (-1.5%) and ZENITHBANK (-1.8%)...
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441Economic and Market Report: Week Ended 27-06-2025
Global Economy Based on the data obtained from the Bureau of Economic Analysis (BEA), the United States Personal Consumption Expenditures (PCE) price...
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407FG has Legal Backing to Operate Multiple Budgets –Budget Office DG
Director General, Budget Office of the Federation, Tanimu Yakubu, yesterday said that the operation of multiple budgets by the Federal Government is...
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741Asian Stocks Rise on Trade-Deal Hope, Fed Cut Bets
Asian stocks advanced and a gauge of global equities was on track for another record high on trade-deal optimism and increased expectations...
