Economy & Market
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112Marginal Increase at the Exchange as ASI Up 0.02%
In today’s session, the market experienced a marginal increase, marking the third consecutive day of recovery since the biggest selloff, with the...
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110Capital Market: T+2 Settlement Cycle Begins November 28 –SEC
The Securities and Exchange Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 (trade date plus two...
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93Banking Stocks Lead Bullish Resurgence as ASI Up 1.1%
EQUITIES The domestic bourse closed on a positive note, primarily driven by gains in banking tickers such as ZENITHBANK (+8.4%), UBA (+6.9%),...
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63Power, Insecurity Threaten Businesses’ Stability, Profits –CBN Survey
Insecurity and erratic power supply have again been identified as the most critical obstacles facing Nigerian businesses, according to the latest Central...
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86Stock Market Reverses Bearish Streak as ASI Up 2.9%
EQUITIES The domestic equities market reversed its seven-day bearish streak, as gains in MTNN (+10.0%), GTCO (+10.0%), ZENITHBANK (+10.0%) and TRANSCORP (+10.0%)...
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73Nigeria’s FX Inflows Surge 62% to $5.15b, Highest in 5 Months
Nigeria’s foreign exchange market witnessed a sharp recovery in October, with total inflows rising by 62.2 per cent month on month to...
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71Edun Pledges Balanced Capital Gains Tax Outcomes
Nigerian Exchange (NGX) today hosted the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, at the Closing Gong Ceremony...
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77Local Bourse Maintains Downward Momentum as ASI Down 5.0%
EQUITIES The local bourse maintained its downward momentum, closing lower for the seventh consecutive trading session, as losses in DANGCEM (-10.0%), MTNN...
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95Bears Re-opens the Week as ASI Down 0.5%
EQUITIES The bearish run in the Nigerian equities market continued as selloffs in UBA (-4.9%), PRESCO (-2.0%), and INTBREW (-8.3%) drove the...
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93FG Exceeds 2025 Borrowing Target by 55.6%
The Federal Government (FG) has borrowed N17.36 trillion from domestic and foreign sources in the first 10 months of this year. This...
