Finance & Economy
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Nigerian stocks you can invest in H2’2024 – Investment analysts
The Nigerian Exchange Limited (NGX) experienced a positive first half of 2024, marked by a surge in investor confidence and…
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Interest rate at 30% will stifle growth, hinder job creation, Dangote warns CBN
Aliko Dangote, president of the Dangote Group, says the increase of interest rate to almost 30 percent by the Central…
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Cardoso Optimistic About Taming Inflation Says CBN Will Adhere to Conventional Methods
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s Monetary Policy Committee (MPC)…
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Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG
• Says FDI below US$1 Bn Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap,…
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Naira drop makes it the worst-performing currency in first half says Bloomberg
Nigeria’s naira weakened for a ninth straight day against the dollar, making it the worst-performing currency in the first half…
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Investors Gained N6.19bn as NGXASI Advanced by 0.01%; BDC Rate Depreciated to N1,498/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities Following Wednesday’s gain, the Nigerian equities market recorded modest gains today, driven by lingering investors’…
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Stocks inch up, bond yields dip; inflation data ahead
US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday –…
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Revenue Commission seeks financial autonomy
Members of the Revenue Mobilisation Allocation and Fiscal Commission, (RMAFC) have called on stakeholders to support the organisation’s quest for financial…
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Rising Domestic Debt Service Stirs Stakeholder Concern
The Federal Government of Nigeria’s (FGN) public debt profile has continued to shoot upward as its domestic debt service increased…
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US banks suffer steeper losses, but retain large cushions in annual Fed health check
– The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual…
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