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 →
US Inflation Down to 3% in June 2023
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Date12 Jul 2023
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The Federal Reserve may likely pause rate hikes as #inflation continue to ease. The prices of #US goods and services hit a two-year low in June, a sign that inflation is continuing to ease as the economy responds to the... 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 →
Investors may find Ghana’s Eurobond more Attractive Compared to Other West African Countries.
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Date23 Jun 2023
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Ghana’s #Eurobond may become more attractive to #investors as the country’s economy shows signs of improvement in the first quarter of #2023 compared to 2022. The data shine the spotlight on #Ghana as the fastest economy among its West #African... Read More →
INFLATION: Rise in Food Prices Pushes Nigeria’s Inflation to 22.41% in May 2023.
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Date15 Jun 2023
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The Nigeria Bureau of Statistics (MBS) says that the headline inflation rate for Nigeria in May increased to 22.41% relative to the April 2023 figure of 22.22%. This was contained in the report released by the statistics office on Thursday,... Read More →
Nigerian Student Loan: The Good, Bad, and the Ugly
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Date15 Jun 2023
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President Bola Tinubu’s led Federal Government of Nigeria on June 12, as part of the country’s 24th Democracy Day celebration, signed the “Student Loan Bill” into law in fulfillment of his campaign promises, a gesture that gained nods from Nigerians,... Read More →
CBN Raises MPR by 50bps to 18.5%, the third time in one year
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Date25 May 2023
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 50 basis points, from 18 percent to 18.5 percent, the third time in one year. Recall that the CBN had raised MPR... Read More →
Nigerian GDP Expanded by 2.31% in Q1’2023
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Date24 May 2023
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According to data recently released by the National Bureau of Statistics (NBS), Real Gross Domestic Product (GDP) grew by 2.31 percent (year-on-year) in the first quarter of 2023, compared with 3.11 percent in the corresponding quarter of 2022 and 3.52... Read More →