Economy & Market
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193SEC Probes Fund Managers’ Exposure to Heritage Bank
The Securities and Exchange Commission (SEC) has said it has commenced an investigation into fund managers’ exposure in Heritage Bank Limited after...
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228Mixed Performance at the Exchange
EQUITIES The Nigerian equities market traded with mixed sentiments, as gains in GTCO (+4.4%) and TRANSCORP (+6.2%) offset the loss in TRANSCOHOT...
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226Domestic Bourse Starts Week on Negative Note
EQUITIES The domestic bourse started the week on a negative note as sell pressures on MTNN (-2.7%) triggered a 0.1% decline in...
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208FG Signs $3.5b Deal with Afreximbank to Boost Industrial Sector
In a significant move to bolster the textile industry and advance the usage of Compressed Natural Gas (CNG) vehicles, the Federal Government has...
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385Wema Bank Concludes First Tranche of Capital Raising
Wema Bank has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of...
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556Economic and Market Report: Week Ended 14-06-2024
Global Economy According to the Bureau of Labor Statistics (BLS), United States headline inflation fell below market expectations (3.4% y/y) as it...
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437NGX All-Share Index Ends Week Positive
This week, the local bourse ended on a positive terrain as it closed 0.71% higher. The rally was buoyed by positive sentiment in...
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385World Bank Approves $2.25b for Nigeria to Stabilise Economy
The World Bank yesterday approved a total sum of $2.25 billion for Nigeria to enable the federal government to sustain its reform...
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320All-Share Index Recoups Losses
EQUITIES The Nigerian equities staged a rebound, recouping prior session losses. Bullish sentiments resurfaced in the domestic equities market today, as bargain...
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642Market Update: Trade Volume Decreases
EQUITIES The Nigerian equities market reversed yesterday’s gains as sell pressures on MTNN (-0.4%) undermined market performance. Consequently, the NGX ASI dipped...
