Latest News
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183Money MarketNGX All-Share Index Extends Gains, Up 0.23%
EQUITIES The domestic bourse sustained the previous session’s gains following demand for FBNH (+4.6%), GTCO (+2.6%), STANBIC (+4.4%) and WAPCO (+4.3%). Consequently, the...
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763OpinionH2-24 Outlook: Bridging Reforms to Recovery
Coming off the back of a reform-laden 2023, the Nigerian bourse market kicked off the year high-spiritedly, giving credence to the long-held...
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187Business NewsUK, Nigeria Trade Balance Hits €35b, with Nigeria Leveraging Over €10b
Nigeria’s trade exchange with the United Kingdom has grown to about €35 billion as at last year, accounting for about one-third of...
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104Local NewsNIMC: Senate Moves to Harmonise Identify Cards Systems across MDAs
The Senate yesterday passed for second reading, a bill to strengthen the regulatory duties of the National Identity Management Commission (NIMC) and...
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175Industry & MoneyFG Issues Fresh Regulations on Deduction of Withholding Tax at Source
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has released fresh regulations on withholding tax under the Capital...
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100Local NewsElectricity: Metered Consumers Decline 0.21% to 5.9m
The total number of metered customers declined by 0.21 percent, month-on-month, MoM to 5.977 million in May 2024 from 5.990 million recorded...
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170Banking & FinanceCBN to Sanction Banks for Rejecting Old, Small Dollar Denominations
The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the...
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388Stock MarketLocal Bourse Reverses Loss
EQUITIES The Nigerian equities market was negative for most of the day however late buying interest in ZENITHBANK (+2.6%), GTCO (+1.9%) and...
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255Industry & MoneyCredit to Government Rises by 42% to ₦28.4tr
Credit to the government rose by N8.4 trillion or 42 per cent, month-on-month to N28.4 trillion in May from N19.98 trillion in...
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272Economy & MarketW’Bank Loans, Others Grow Nigeria’s FX Reserves to $34.14b
Nigeria’s foreign reserves have surged to $34.14 billion, data from the Central Bank of Nigeria (CBN) released at the weekend has shown....
