Economy & Market
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97FG Directs Economic Management Team on 7% Growth
The Federal Government has directed the Economic Management Team (EMT) to chart a fresh path for Nigeria’s economic future, targeting a medium-term...
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106Dollar Snaps Two-Day Decline, Stock Futures Dip
The dollar edged up on stronger US economic data, helping ease outsized appreciation in Asian currencies caused by optimism about trade deals...
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103SEC Plans Stock Market Meeting on Investments
The Securities and Exchange Commission has announced that it will hold the first quarter Capital Market Committee meeting on May 19 in...
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137Market Kicks off Week Positive as ASI up 0.6%
EQUITIES The local bourse kicked off the week on a positive note as buying interests in MTNN (+2.4%) and NB (+8.5%) caused...
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142Asian Currencies Surge on Weaker Dollar, Oil Falls
Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil...
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154Naira Printing Costs Skyrocket by 306%
The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent compared...
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127CBN Committed to Long-term Stability, Financial Inclusion –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial...
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173Economic and Market Report: Week Ended 02-05-2025
Global Economy According to the Bureau of Economic Analysis (BEA), the US economy contracted by 0.3% q/q in Q1-25 (Q4-24: +2.4% q/q),...
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176Stocks, Futures Climb as China Mulls Trade Talks
Asian stocks climbed to the highest level in more than a month and US equity-index futures advanced Friday after China said it’s...
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157Nigeria not in Hyperinflation –FRC
The Financial Reporting Council of Nigeria has reaffirmed that the Nigerian economy does not meet the criteria for classification as hyperinflationary, despite...
