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BUSINESS & ECONOMY

BUSINESS & ECONOMY

BUSINESS & ECONOMY

Indian High Commissioner to Nigeria, Nagabhushana Reddy, says trade volume between India and Nigeria hit $12 billion between April 2017 to March 2018. The trade figure between both ...
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Yuan
BANKING & FINANCE BUSINESS & ECONOMY

The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the People’s Bank of China, will not cover the importation of substandard goods. The ...
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Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

Analyst says stocks present buy opportunity For the eighth consecutive time, equity market sustained sliding profile as virtually all the blue chip stocks recorded price depreciation yesterday, as ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria’s headline consumer price index extended deceleration (which started in 2017) to the eighteenth consecutive month. Headline inflation was 11.14 percent year on year ( y/y )in July, ...
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Debt
BUSINESS & ECONOMY COVER

The Debt Management Office (DMO) Tuesday put the nation’s total debt stock (federal, FCT and states) at N22.38 trillion ($73.21 billion) as at June 30, 2018. The debt ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Exit of foreign investors, amid political instability have continued to induce sell pressure on the equity sector of the Nigerian Stock Exchange (NSE), as the market recorded the ...
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Miniso
BUSINESS & ECONOMY COVER NEWSLETTER

Chinese low-cost retailer and variety store chain, Miniso, has disclosed plans to increase its retail stores in Nigeria by 200 new stores. The Managing Director of Miniso Nigeria, ...
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CBN
BUSINESS & ECONOMY

The outcome of a survey conducted by the Central Bank of Nigeria (CBN) in the month of July shows overall confidence index (CI) on the macro-economy in July ...
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NSE
BUSINESS & ECONOMY COVER

At the end of last week’s trading, the NSE All-Share Index depreciated by 2.89 per cent, while the market capitalisation dipped by 2.86 per cent to close at ...
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BANKING & FINANCE BUSINESS & ECONOMY

Further EURUSD weakness is expected with prior support now turning to strong resistance. USDTRY slips back after trading above 7.20 as Turkey readies plans to restore confidence. EUR-USD RATTLED AT FRESH ...
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Tax Holidays
BUSINESS & ECONOMY COVER NEWSLETTER

December target for 200,000bpd first oil under threat Acting President Yemi Osinbajo will be in Lagos friday as part of his efforts to settle the dispute threatening the ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria’s foreign exchange reserves dipped by $260 million to $46.81 billion as at August 7, 2018. This is the lowest drop in four months. The depletion cuts short ...
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stock market graphic image
BUSINESS & ECONOMY COVER NEWSLETTER

An analysis of the price movement chart on Thursday at the Nigerian Stock Exchange (NSE ) showed that 22 stocks posted loses against 12 gainers, the News Agency ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Federal Government has earmarked N10 billion for the N-Build component of the N-Power programme designed to impact skills and enhance employability of Nigerian from 18 years to ...
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Manufacuring Sector
BUSINESS & ECONOMY NEWSLETTER

The Central Bank of Nigeria (CBN) has injected a total of $23.257 billion into the interbank segment of the foreign exchange (forex) market since it commenced its intervention ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Export Promotion Council (NEPC) has said the country’s prepared goat leather industry has an untapped $17 million potential. In a Promising Markets report released on its ...
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Stock Market Goes Downward
BUSINESS & ECONOMY COVER NEWSLETTER

Investors at the end of trading transacted 114.04 million shares valued at N730. 08 million compared to 248.05 million shares worth N2.25 billion in 3,932 deals on Tuesday. The volume ...
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Conoil
BUSINESS & ECONOMY

The suspension earlier placed on the trading of Conoil Plc shares at the stock market has now been lifted by the Nigerian Stock Exchange (NSE). This was confirmed ...
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BUSINESS & ECONOMY

Latest data from the Central Bank of Nigeria (CBN) has shown that the country’s foreign reserves have depreciated to $46.86 billion. This was the amount left in the ...
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BUSINESS & ECONOMY NEWSLETTER

Duet Private Equity Limited (DPEL), a principal investor in emerging and frontier markets, has announced the acquisition of a majority stake in AJEAST Nigeria Limited. DPEL, last week ...
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