Thursday, May 16, 2024

NSE market indicators record 0.50% growth

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The market indices of the Nigerian Stock Exchange (NSE) on Friday appreciated by 0.50 per cent, reversing the four days downward trend.     The News Agency...

‘Economic revolution is solution to economic quagmire’

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By Kelechi Mgboji Assistant Business Editor As crude oil prices dived below $40 a barrel for the first time since the financial crisis of 2008, the...

Investors offload N38.8b shares upon CBN new dividend rules

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Three weeks after the Central Bank of Nigeria (CBN) announced the introduction of a new dividend policy, investors are offloading stakes in fear of...
2023: Emefiele under pressure to join the presidential race

Emefiele walks tight rope of vested interest against regulation

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A major challenge Godwin Emefiele has to grapple with in his five-year tenure as Central Bank of Nigeria (CBN) Governor is balancing vested interest...

Insurance sector worst hit by GDP rebase

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• NAICOM vows to improve status   The contribution of the insurance industry to Nigeria’s Gross Domestic Product (GDP) has been weakened by rebasing the GDP...
BREAKING: Naira: CBN to change N200, N500 and N1000 notes effective December 15

CBN dragging Nigeria’s economy backwards, says Henry Boyo

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By Ishaya Ibrahim On May 21, Nigeria’s Central Bank retained the country’s benchmark interest rate...

Analysts urge Nigeria to remain in JPMorgan index

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JPMorgan a fortnight ago threatened to remove Nigeria from its Government Bond Index-Emerging Markets (GBI-EM) by the end of 2015 unless the Central Bank...

Trader, 1,015 others win big in Access Bank DiamondXtra Season 11 promo

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Nwogu Ijeoma, a trader in Alaba international market and 1,015 customers across Nigeria emerged winners at the second quarterly draw of the DiamondXtra season...

Dividend prospects dim as banks rue regulatory headwind

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Banks’ equities shareholders at the Nigerian Stock Exchange (NSE) are in for a double whammy.     Price values of many stocks have been depreciating, resulting in...

Equities market sinks N2.07tr lower year-to-date

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•Spooked by policy gaps, oil price shocks By Kelechi Mgboji Assistant Business Editor The Nigerian capital market may close 2015 as one of the worst performing markets. Sharing...

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