Latest News
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191Banking & FinanceCurrency 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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73Economy & MarketRising 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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217Stock MarketStock 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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110Economy & MarketEconomic 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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66Business NewsNigeria Accedes to the Establishment Agreement for Export Development Fund in Africa
The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development...
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274Money MarketGovt. 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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133Banking & FinanceFG 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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108Industry & MoneyPurchasing Index: New Orders Rise as Inflationary Pressures Ease
The Purchasing Managers’ Index (PMI) report has shown that inflationary pressures softened in the Nigerian private sector during April, following record increases in purchase...
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244AgricultureNigeria Exported ₦20b Shea Products In 2023 – Export Council
The Nigerian Export Promotion Council (NEPC) has disclosed that Nigeria exported over 17,000 metric tons of Shea products worth N20 billion ($14.5...
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237Banking & FinanceNDIC 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...
