Latest News
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130Banking & FinanceCBN, SEC, NDIC Partner to Simplify Bank Recapitalisation
The Central Bank of Nigeria, the Securities and Exchange Commission and the Nigeria Deposit Insurance Corporation have joined forces to streamline the...
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474Leadership & ManagementTinubu, Xi Jinping to Sign Five MoUs
After taking comprehensive briefings from some of his ministers and other key government officials, President Bola Tinubu will meet with President Xi...
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127Economy & MarketNigeria to Strengthen Economic Ties with Indonesia
Nigeria has reaffirmed its commitment to deepening relations with Indonesia, focusing on the two nations’ untapped financial potential. This was affirmed during...
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201Business NewsBusiness Activities Stalled in August –PMI
Business activities in the private sector were broadly stagnant in August, according to the Stanbic IBTC Bank Purchasing Manager Index released on...
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440Professional ServiceFRC Pleads with FG to Remove 50% Revenue Deduction
The Financial Reporting Council (FRC) has sought the removal of a 50% direct deduction from its revenue by the federal government, saying...
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165Economy & MarketNGX All-Share Index Extends Gains
EQUITIES The Nigerian equities market commenced the week and month positively as demand for OANDO (+10.0%) drove the All-Share Index higher by...
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169Foreign NewsFears Over Energy Tax Rises as Business Confidence Falls
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the...
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127Money MarketBond Market Continues Positive Trajectory
The FGN secondary bond market continued in a positive trajectory, as average yield dipped by 67bps w-o-w to 18.96% from 19.62% in...
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114Money MarketBullish Sentiment Continues at the Treasury Bills Market
The Nigerian Treasury Bills (NT-Bills) secondary market closed the week on a positive note, supported by improved system liquidity, (which stood at...
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168Foreign NewsOil Extends Losses on Prospect of Higher OPEC+ Supply
Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in...
