Economy & Market
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395Stock Market Sustains Positive Momentum as ASI Up 0.2%
In today’s trading session, bullish sentiment was sustained as the ASI and market capitalisation gained 20bps to settle at 98,892.58 points and...
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413Recapitalisation: Investors’ Verification Stalls Bank Shares Allotment
As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the...
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823Nigeria Loses ₦13tr to Forex Subsidy –World Bank
The Federal Government incurred a significant loss of N13.2tn in foregone revenue as a direct consequence of the implementation of its foreign...
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345FG Records Tax Revenue Windfall, Banks’ Tax Rises 109.6%
There are indications that the Federal Government (FG) is having great times in its finances as its revenue from Value Added Tax (VAT)...
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311SEC Tasks Stakeholders on Regulatory Framework to Align with FATF
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market stakeholders to adapt to regulatory...
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283Stocks, Bonds Dip as Fed and Election Risks Weigh
Stocks in Asia and US futures declined along with bonds, as traders consider cooling expectations of Federal Reserve rate cuts for the...
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263Domestic Bourse Starts Week’s Trading Bullish
EQUITIES The domestic bourse started the week’s trading on a bullish note, driven by buying interest in SEPLAT (+10.0%), following the Federal...
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276Asian Shares Trade in Range, Gold Rises to Record
Asian shares were mixed as investors waited for further trading catalysts. Gold touched a record high as Middle-East tensions stoked demand and...
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346Fraudsters Steal More than £3m a Day as Cases Rise
Fraud cases have risen by 16% with con artists stealing more than £3m a day, according to figures from the banking industry....
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375Nigeria Seeks Fresh $500m W’Bank Loan for Education
The Federal Government is discussing with the World Bank the possibility of securing a $500m loan to support basic education. This is...
