Economy & Market
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167Bargain Hunting Spurs Mild Gain at the Exchange
EQUITIES The local bourse edged higher in today’s trading session as buying interest in GTCO (+5.3%) supported market performance. Thus, the All-Share Index...
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155‘Cybersecurity Levy Adds Burden on Businesses, Unjustifiable’
The Lagos Chamber of Commerce and Industry (LCCI) has said that the directive by the Central Bank of Nigeria (CBN) imposing a...
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318CBN Unveils List of Licensed Deposit Money Banks
Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national...
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154Equities Market Trades Flat
EQUITIES The local bourse traded with mixed sentiments as losses in WAPCO (-5.4%) and ZENITHBANK (-2.6%) offset a gain in MTNN (+2.3%)....
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257Cashless: CBN Suspends Charges on Cash Deposits
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
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282NGX All-Share Index Extends Downtrend
EQUITIES The Nigerian equities market sustained its negative sentiments as investors sold off FBNH (-9.9%) and GTCO (-6.0%). As a result, the...
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155FG to Delist Naira from Crypto Trading Platforms
In a latest effort to crackdown on naira manipulators in the foreign exchange market, the Federal Government, through the Securities and Exchange Commission...
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157Banks Borrowing Drops by ₦23.99tr
Nigerian banks’ lending, in the month of March, to the private and public sectors dropped by N23.99 trillion, data from the Central...
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131
CBN Orders Cybersecurity Levy Deductions on Electronic Transfers
The Central Bank of Nigeria (CBN) has directed 0.5 percent Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN yesterday,...
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183Equities Market Opens Week Bearish
EQUITIES Trading in the domestic equities market kicked off the week on a negative note as profit-taking activities witnessed in AIRTELAFRI (-10.0%)...
