Economy & Market
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157AfDB Approves $650m Annual Commitment to Boost Economic Growth
The Board of Directors of the African Development Bank Group (AfDB) has approved a new Country Strategy Paper (CSP) for Nigeria covering...
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156CBN Emphasises Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasised its commitment to financial inclusion for the greater benefit of the economy. CBN is...
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189Bears Tighten Grip as ASI Down 0.1%
EQUITIES Bearish sentiments persisted in the local stock market as sell pressures in GTCO (-3.5%) and ETI (-10.0%) caused a 0.1% decline...
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120Budget Deficit: FG Accesses ₦2.5trn from Bond Market in Four Months
In a bid to bridge the 2025 budget deficit, the federal government through the Debt Management Office (DMO) has borrowed an estimated...
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163FIRS Orders Banks to Close Unauthorised Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has instructed all banks in Nigeria to immediately identify and close any tax and levy collection...
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146ILO Advocates Unified Strategy for Jobs, Inclusive Growth
The Director-General of the International Labour Organisation, Gilbert Houngbo, has called for a bold rethinking of global economic policies to prioritise decent...
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168US Stock Futures Drop With Tech Earnings in Focus
A six-day rally in US stocks looks set to pause as equity-index futures declined following disappointing earnings from Super Micro Computer Inc....
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116Bears Resurface on Local Bourse as ASI Down 0.2%
EQUITIES Sentiments in the domestic bourse turned bearish as sell pressures on MTNN (-6.1%) drove the All-Share index lower by 0.2% to...
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173CBN Raises ₦2.93tr from T-bills, OMO Auction on Strong Investor Demand
The Central Bank of Nigeria (CBN) successfully has raised N2.93 trillion from recent auctions of Treasury Bills (T-Bills) and Open Market Operation...
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95NDIC Warns Depositors Against Unlicensed Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has advised depositors to verify licensed insured deposit taking institutions before entrusting their funds. The corporation’s...
