Economy & Market
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10426 States Raise External Debts to $239m in H1
Latest data from the Debt Management Office (DMO) has revealed that 26 Nigerian states increased their external debt by $239 million in...
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123Profit Taking Drags Market Performance as ASI Down 0.3%
EQUITIES Profit taking activities resumed in the local bourse as losses in TRANSCORP (-10.0%) and OKOMUOIL (-6.5%) drove the All-Share Index down...
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117Nigeria’s External Reserves Surpass $45b, Highest in 6 years
This is one of the country’s strongest positions in six years from available records. The reserves now stand at $45.04 billion, matching...
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248FG Borrows ₦4.72tr Through Treasury Bills Sales in Q4’25
As part of the Federal Government’s borrowing plan for the 2025 budget, the Central Bank of Nigeria (CBN) has issued Treasury Bills...
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141Nigeria Accelerates Capital Market Modernisation
Nigeria’s Securities and Exchange Commission (SEC) has unveiled an ambitious set of reforms designed to boost market efficiency, strengthen investor confidence, and...
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133Stock Market Opens Week on Positive Note as ASI Up 0.3%
EQUITIES The domestic equities market opened the week on a positive note as gains in ZENITHBANK (+4.5%), WAPCO (+1.8%), MTNN (+0.4%) and...
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133Nigeria’s World Bank Debt to Hit $9.65b
World Bank loans to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of this year as fresh...
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194Cash Inflows to Banks Hit ₦5.11tr in November
Nigeria’s banking system recorded a significant cash surge in November, with total inflows reaching N5.11 trillion, driven by a combination of large...
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118Stock Market Closes Stronger as ASI Up 1.08%
Today, the NGX closed 1.08% stronger, buoyed by interests in DANGCEM (+4.57%), TRANSCOHOT (+9.71%), and UACN (+10.00%) offset selloffs in MANSARD (-7.19%),...
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114Lagos to Double Tech Contribution to GDP by 2030 –Commissioner
The Lagos State Commissioner for Innovation, Science, and Technology, Olatunbosun Alake, has stated that the state plans to increase the contribution of...
