Economy & Market
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131Asian Stocks Fall as China’s Confab Disappoints
Asian equities fell Friday as a lack of details from a Chinese economic conference disappointed some traders and risk appetite weakened ahead...
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134World Bank May Approve $500m Loan to Nigeria Today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday)...
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57States Owe FG ₦16.6b –Edun
States across Nigeria owe the federal government a total of N16.6 billion, finance minister, Wale Edun, has said. He disclosed this to...
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47FG Raises ₦1.1tr via 6 Sukuk Bonds to Fund 124 Road Projects
The Federal Government has raised N1.1 trillion ($657.6 million) through the issuance of six Sukuk bonds, aimed at financing 124 critical road...
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40Imported Petrol Landing Cost Drops to ₦900/Litre
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36,...
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95Bulls Tighten Grip as ASI Up 0.3%
EQUITIES The domestic stock market closed higher for the third consecutive day as sustained interest in WAPCO (+6.1%) caused a 0.3% increase...
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69Banks Lost ₦42.33b to Fraud in Six Months –Report
Banks in Nigeria have reported a staggering N42.33bn in fraud-related losses over the first two quarters of 2024, with increases recorded across...
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100Asian Stocks Rise After US Inflation Backs Fed Cut
Asian stocks climbed Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations of a Federal Reserve...
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97Oil Production in Nigeria Hits 1.7mbpd
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day...
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37Nigerians Pay ₦1.5tr Despite Declared ₦15tr Income –Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Taiwo Oyedele, has said that personal income tax...
