News
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Investors Lose N50.84bn as NGXASI Declines Further by 0.21%; Overnight Rate Contracts by 5.34% to Close at 9.83%; BDC Depreciates to 820
1. EQUITIES MARKET Nigerian Equities Market closed negative as the key market indicator declined by 93.35bps amid negative market breadth The…
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Dollar scarcity worsens as banks ration withdrawals, BDCs stretched
• We can’t give what we don’t have, banks tell customers • High cash holders mop up the black market, push…
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External Debt Service Costs Still Manageable in Q2 2022
The DMO’s most recent quarterly publication on external debt service shows that the FGN’s external debt service payments amounted to…
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Nigerian Banks’ Capital Resilient to Naira Depreciation
Nigerian banks’ capitalisation would be fairly resilient to further naira depreciation given their long net foreign-currency (FC) positions and small…
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Dangote promises to deepen economic activities, sponsors 2022 Lagos International Trade Fair 
Pan African conglomerate, Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic…
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Dangote promises to deepen economic activities, sponsors 2022 Lagos International Trade Fair
Pan African conglomerate, Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic…
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Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost
For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of…
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Federal Government gives a 5-year Tax Break to Agric Investors
Speaking at the 29th edition of the LAPO Annual Development Forum, the Minister of Agriculture disclosed on Thursday that the…
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Refineries Rehabilitation, Analysts Call for More Disclosure 
In a press release by the President’s Special Adviser on Media and Publicity, Femi Adesina, the Nigerian National Petroleum Company…
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Strong Earnings Pulls Up Zenith Bank’s Share Price 
Zenith Bank released its Unaudited Financial Statement for the period ended September 30, 2022, recording a growth of 20% in gross earnings…
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