Economy & Market
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356Money Supply Hits ₦110.9tr as MPC Meets
Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in...
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398Bearish Streak Halted as ASI Up 0.9%
EQUITIES Bullish sentiment reemerged in the Nigerian equities market, snapping a three-day losing streak, as gains in BUAFOODS (+9.9%) drove the All-Share...
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337CBN Orders Bank Directors with Bad Loans to Resign
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing, insider-related loans to immediately resign from their positions. Insider loans...
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392Banks Must Make Cash Available in ATMs –CBN
The Central Bank of Nigeria has urged banks to ensure that their customers have access to cash at their Automated Teller Machines...
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298Negative Outing at the Exchange as ASI Down 0.2%
EQUITIES The local bourse closed on a bearish note in today’s session, as profit-taking activities in FBNH (-2.8%) and ZENITHBANK (-1.4%) weighed...
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238CPI Rebasing: Headline Inflation Settles at 24.48% Y/Y in January 2025
Based on the rebased CPI data by the NBS, Nigeria’s headline inflation settled at 24.48% y/y in January 2025. The updated CPI...
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397FX Gap Narrows to 4.5% Amid Financial Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria’s foreign exchange (FX) gap has significantly narrowed...
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578FG to Explore Non-oil Revenue Sources –Edun
The Federal Government has reaffirmed its commitment to aggressively exploring non-oil revenue sources to reduce reliance on crude oil earnings and stabilise...
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274Local Bourse Reopens on a Bearish Note as ASI Down 0.1%
EQUITIES The Nigerian equities market commenced the week on a negative note as sell pressures in TRANSCORP (-1.2%) drove the benchmark index...
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344Industry, Agric Drive Nigeria’s Economic Expansion for Second Consecutive Month –CBN
Nigeria’s economic momentum continued its upward trajectory in January 2025, marking the second consecutive month of expansion, as indicated by the latest Purchasing...
