Economy & Market
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307Currency in circulation rises to ₦3.87tr –CBN
The value of Nigeria’s currency in circulation has risen to N3.87tn at the end of March. According to the latest money and...
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129Rising Energy Price: Nigerians Can’t Seem to Catch a Break
In April, Nigerians were ushered into Q2 with the decision from the FG to end electricity subsidy by hiking the electricity tariff...
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285Stock Market Index Ends Week Strong
Closing the holiday shortened week, the domestic bourse ended the session positive –the first weekly gain since March- as the All-Share index...
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169Economic and Market Report: Week Ended 03-05-2024
Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at the recently concluded May policy meeting, voted to...
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533Govt. Borrows ₦11tr via Bonds, T-bills in Four Months
The Federal Government has raised a total sum of N11trilion through auctions and sales of Treasury bills and saving bonds issuance in...
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229FG Directs Banks to Deduct Stamp Duty Charges on Mortgages
The Federal Government has directed Deposit Money Banks to immediately begin the deduction of 0.375 per cent stamp duty charge on all...
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405NDIC Raises Insurance Coverage for Banks to ₦5m
The Nigeria Deposit Insurance Corporation (NDIC) has raised deposit insurance coverage for all licensed deposit-taking financial institutions in the country with immediate...
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128Stock Market Opens May Bullish
EQUITIES Bullish sentiments continued in the Nigerian equities market in the first trading session in May underpinned by bargain hunting in GTCO...
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172Nigerian Exchange Group Posts 332% Profit in Q1 ’24
Following its recently concluded Annual General Meeting, Nigerian Exchange Group Plc (NGX Group) has unveiled the Q1 2024 results, signaling a promising...
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132Banks Close 2 million Accounts Over BVN, NIN, Others
Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, in effort to clean their books of questionable accounts...
