Latest News
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220Industry & MoneyOil Stabilises after Sharp Drop on Demand Concerns
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year...
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306Real EstateFederal Mortgage Bank Commences Recapitalisation Exercise
The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has disclosed that the bank has commenced recapitalisation...
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187Business NewsNaira Defence not Responsible for Drop in FX Reserves – Cardoso
Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, on Wednesday explained the reasons why the country’s foreign exchange reserves dipped in recent...
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252Money MarketLocal Bourse Retreats
EQUITIES Positive sentiments resurfaced in the domestic equities market today following bargain hunting in FBNH (+6.9%). Precisely, the All-Share Index gained 0.1%...
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121Stock MarketNGX Group, Corporates Seek Government’s Intervention In Manufacturing Sector
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the...
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162Banking & FinanceCentral Bank Scales Down Loans to Deposits Rate
The Central Bank of Nigeria (CBN) in a circular to Deposit Money Banks titled “Re: Regulatory Measures to Improve Lending to the...
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307Stock MarketStock Market Posts Biggest Single-day Loss
For the eight consecutive sessions, the Lagos bourse extended its losing streak as the benchmark Index closed 1.93% weaker – the biggest...
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299Economy & MarketDomestic Price Pressures to Persist in the Near Term
The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to...
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130Industry & MoneyManufacturers Association of Nigeria Stakeholders’ Engagement on Digital Platform
In line with its drive to create greater awareness of the MANSA Digital platform and promote its adoption, the MANSA Digital Initiative...
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207Business NewsHeadline Inflation Increases Further
According to recent data from the National Bureau of Statistics (NBS), In March 2024, the headline inflation rate increased to 33.20% relative...
