Economy & Market
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485Bargain-Hunting Activities Continue at the Stock Market
EQUITIES Bargain-hunting activities continued today in the Nigerian equities market, with NESTLE (+6.4%), ZENITHBANK (+2.8%), and GTCO (+1.9%) lifting the bourse. Consequently,...
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486Nigeria’s Frontier Return Reinforces Equity Re-rating
FTSE Russell has confirmed Nigeria’s reclassification from Unclassified back to Frontier Market status in its March 2026 interim review, publishing the update...
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268W’Bank Flags Fiscal Risk in Nigeria’s ₦4tr Power Bond
The World Bank has stated its opinion on the Federal Government’s plan to settle the N3.3tn debts owed to power-generating companies, with...
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253Afreximbank Mulls $10b to Shield Nigeria, Others from Gulf Crisis
To mitigate the economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank...
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258Oil Shock: W’Bank Predicts 3.1-Point Inflation Rise for Nigeria
The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points to Nigeria’s...
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261Banks to Undergo Regular Stress Tests Under New CBN Framework
The Central Bank of Nigeria (CBN) has disclosed plans to implement regular stress tests for all commercial banks in the country as...
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236NSIA Profit Slumps 91% as FX Gains Fade, Reality Bites
The Nigeria Sovereign Investment Authority (NSIA) has reported a significant slump in its 2025 financial performance, with profit plunging by 91% as...
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313Economic and Market Report: Week Ended 02-04-2026
Global Economy According to the United States Department of Labor, initial jobless claims declined by 9,000 to 202,000 in the week ended...
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276CBN: 33 of 37 Banks Met New Capital Requirements, Raised ₦4.65tr
The Central Bank of Nigeria (CBN), yesterday disclosed that Nigerian banks had raised a total of N4.65 trillion in new capital within...
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250Turkey Targets $5b Trade with Nigeria
The Turkish Ambassador to Nigeria, Mehmet Poroy, yesterday began moves to deepen economic ties between both countries, setting an ambitious $5 billion...
