TOP STORIES YOU MAY HAVE MISSED FROM LAST WEEK
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Date21 Aug 2023
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CBN UNVEILS FX PRICE VERIFICATION SYSTEM PORTAL The Central Bank of Nigeria has introduced a foreign exchange price verification system designed for importers to have access to forex. The apex bank in a statement from its Trade and Exchange Department... Read More →
Nigerian Bourse Gains N1.33 Trillion to End the Week Bullish
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Date24 Jul 2023
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The Nigerian equities market last week recorded a bullish performance as the value of listed stocks appreciated by 3.89% (N1.33 trillion). The NGX All-share Index & Market Capitalization appreciated by 3.94% and 3.89% to close at 65,033.39 points and N35.40... Read More →
The Nigerian Equities Market Pointed Northwards on Thursday as Investors injected over N94.47 billion into stocks.
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Date20 Jul 2023
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Nigerian Equities Market pointed northwards on Thursday as investors injected over N94.47 billion into stocks, (UBA N13.306 billion). The NGX All-Share Index appreciated by 0.27% to close at N63,930.72 from 63,757.23 points. The bullish outing was driven by bargain-hunting in... Read More →
Rising Food and Energy Prices Drive Nigeria’s Inflation to 22.79% in June’23
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Date18 Jul 2023
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Headline Inflation Rising prices of food items, occasioned by petrol subsidy removal, among others, have driven the rate of inflation to an all-time high, 22.79% compared with 22.41% in May’23. According to the latest Consumer Price Index (CPI), report by... Read More →
Top Stories You May Have Missed from Last Week
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Date10 Jul 2023
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FG to shut down online banks pestering debtors The Federal Government, last week announced plans to delist any #loan application company that continues to harass or threaten its customers. This move was made known by the Federal Competition and Consumer... Read More →
Nigerian Equities Gained 3.40% as Investors Traded 9.8 Billion Shares in One Week
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Date10 Jul 2023
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The Nigerian Equities Market last week added 340bps as activity level skyrocketed by 191.81% WoW. The NGX All-share Index & Market Capitalization appreciated by 3.40% to close at 63,040.41 points and N34.33 trillion from 60,968.27 points and N33.20 trillion respectively.... Read More →
Nigeria’s Depleting External Reserve; How BAT Administration Can Make the Difference.
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Date03 Jul 2023
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Nigeria’s external #reserve was reported to have fallen by about $2.8 billion in the first half of 2023 according to a #CBN report. Since the new administration, analysts say that the nation’s foreign reserve has continued on a free fall... Read More →
Nigerian Equities Market Closes H1’23 in the Green, NGX All-Share Index Up 298bps.
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Date03 Jul 2023
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The Local Bourse closed H1’2023 in the positive territory, as the NGX All-share Index & Market Capitalization appreciated by 2.98% to close at 60,968.27 points and N33.20 trillion from 59,206.63 points and N32.24 trillion respectively. Year-to-Date return stood at 18.96%... Read More →
Top Stories You May Have Missed from Last Week
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Date03 Jul 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Subsidy Removal: W/Bank Projects N3.9trn Savings for Nigeria by December The World Bank last week made a projection of about N3.9 trillion in revenue savings for Nigeria to enable it to reduce the current fiscal deficit resulting from its recent... Read More →
Nigerian Bourse Closes the Week in the Green, NGX All-Share Index Up 0.34%
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Date26 Jun 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Trading on the floor of the Nigerian Equities Market last week closed positive, as the All-share Index & Market Capitalization appreciated by 34bps and 0.36 percent to close at 59,206.63 points and N32.24 trillion. Year-to-Date return stood at 15.48%. Market... Read More →