Latest News
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193Money MarketEquities 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%)...
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146Business News‘Nigeria, UK Trade Relations worth £7b’
The trade relations between Nigeria and the United Kingdom currently stand at about seven billion pounds sterling. The British High Commissioner in...
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325Banking & 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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135Economy & 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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294Stock 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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180Economy & 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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130Business 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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583Money 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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238Banking & 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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179Industry & 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...
