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Weekly Markets Wrap: Equities rack up another week of gains, bond...

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SAT, OCT 10 2020-theG&BJournal-Despite some profit-taking towards the end of the week, record gains at the start of the week drove the equities market...

Markets: NSE benchmark index climbs 2.1% to biggest gain since May...

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MON, 05 OCT, 2020-theGBJournal- Trading in the domestic equities market carried on last week’s bullish performance, as interest in MTNN (+3.9%), AIRTELAFRI (+5.3%) and...

Markets: FX reserves decline by $22.00 million w/w, bond average yield...

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SAT, 03 OCT, 2020-theGBJournal-Nigeria’s FX reserves declined by USD22.00 million w/w to USD35.72 billion, as FX outflows outpaced inflows. Across the FX windows, the...

CBN’s approval boosts Access Bank Plc’s planned restructuring to a Holding...

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By Audrey Lotechukwu …Commences operation in Mozambique and SA markets TUE, 29 SEPT, 2020-theGBJournal- Access Bank Plc’s planned restructuring to a Holding Company (HoldCo) received a...

Weekly Markets Wrap: All-Share Index closes 2.9% higher amidst sharp drop...

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SAT, 26 SEPT, 2020-theGBJournal-In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing...

FX reserves drops by $47.33 million, Naira gains in the forwards...

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SAT, 26 SEPT, 2020-theGBJournal-Nigeria’s FX reserves recorded its first weekly decline in five weeks, falling by USD47.33 million w/w to USD35.77 billion. Across the...

Manufacturing PMI shrinks in September 2020 for the fifth time, employment...

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THUR, 24 SEPT, 2020-theGBJournal-The Central Bank of Nigeria (CBN) on Wednesday published the Manufacturing Purchasing Managers’ Index (PMI) Survey Report for the month of...

Equities fall on profit taking, with All-Share Index closing 0.2% lower,...

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WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....

CBN tightens band on interest rate on savings deposit

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TUE, SEPT 01 2020-theG&BJournal- The Central Bank of Nigeria has directed all deposit money banks in the country to set interest on local currency...

CBN, infraco and the infrastructure challenge

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By Arize Nwobu SAT, AUG 29 20202-theG&BJournal-The importance of infrastructure in expanding national production capacity and increasing a country’s wealth cannot be overemphasized. Research reports...