Economy & Market
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188Visa and Mastercard agree to $30b settlement that will lower merchant fees
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have...
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169Profit Taking Drags Market Performance Down
EQUITIES The Nigerian equities market extended yesterday’s losses following sell pressures on MTNN (-1.7%) and FBNH (-3.4%). Accordingly, the All-Share Index declined...
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266Post MPC: CBN Raises Interest Rate to 24.75%
In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) again voted to raise the...
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140Capital Market Operators Celebrate Outgoing Exchange Boss Oscar Onyema
The Securities and Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders...
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357Central Bank Sells Dollar to BDCs at ₦1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been...
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142Capital Market Opens Week Bearish
EQUITIES The local bourse opened the week’s trading on a bearish note as profit-taking activities in DANGSUGAR (-10.0%) and TRANSCORP (-8.4%) undermined...
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194Pre-MPC Outlook: Further Tightening on the Cards
Domestic Macroeconomy: Pre-MPC Outlook … Further Tightening on the Cards This week, we share our outlook for the upcoming Monetary Policy Committee...
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161Regulatory Bodies Launch Roadmap on Sustainability Reporting Standard
The NGX Regulation Ltd. (NGX RegCo), the regulating body of the Nigerian Exchange Group and Financial Reporting Council of Nigeria (FRCN) on...
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182Pre-MPC: More Rate Hikes Ahead
The Monetary Policy Committee (MPC) has slated its second meeting of the year for 25th and 26th of March, deviating from its...
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3.9K20m Diaspora Nigerians Remit $24b yearly –FG
…Business News In Brief The Federal Government has disclosed that the over 20 million Nigerians in Diaspora remit over $24 billion per...
