Economy & Market
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98CBN Determined to Tame Soaring Inflation –Cardoso
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated that the apex bank could raise interest rates in its bid to...
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99Only 25% of Bank Deposits Insured –NDIC Boss
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, has revealed that only 25 per cent of the...
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257Bearish Start to the Week as Index down 0.5%
EQUITIES The domestic equities market commenced the week’s trading on a bearish note as sell pressures on SEPLAT (-10.0%) and UBA (-10.0%)...
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155Bullish Sentiment Prevails at the Treasury Bills Market
The Treasury Bills market exhibited a bullish sentiment last week, primarily fueled by strong demand, as indicated by substantial subscription volumes at...
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New Tax Policy to Exempt 95% of Informal Sector –Oyedele
The federal government’s proposed new tax reforms aimed to legally exempt 95% of businesses and individuals operating in the informal sector from...
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227NGX All-Share Closes Week Negative
The Lagos bourse closed the week down by 136bps w/w. Over the course of the week, selloffs in AIRTELAFRI (-10.32% w/w), ZENITHBANK...
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93Economic and Market Report: Week Ended 10-05-2024
Global Economy In line with market expectations, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority...
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132Central Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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130SEC Issues New Rules on Issuance, Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC) has exposed new rules on issuance and allotment by private companies securities declaring that any person...
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129Bargain Hunting Spurs Mild Gain at the Exchange
EQUITIES The local bourse edged higher in today’s trading session as buying interest in GTCO (+5.3%) supported market performance. Thus, the All-Share Index...
