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NSE’s key indicators up by 0.02%

NSE opens week with 0.27% loss

The nation’s bourse opened trading on Monday on a negative trend with the market indicators declining by 0.27 per cent, amid sell pressure in 16 stocks. Specifically, the All-Share Index dipped 77.82 points or 0.27 per cent to close at 28,337.49 from 28,415.31 achieved on Friday. Also, the market capitalisation which opened at N14.852 trillion
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Investors rally N1.26trn in Q3

By Nkiruka Nnorom CAPITAL  MARKET The protracted bearish run in the equities market that followed the Coronavirus (COVID-19) lockdown as well as fall in oil prices that resulted in weak activities in the stock market in the first half of the year has started to recede as investors gained N1.26 trillion from their investments in
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Naira-Dollar

Naira depreciation in parallel market to continue — Analysts

Pressure mounts on NTB yields as CBN resells N113bn maturing bills Analysts have predicted that the depreciation of the naira in the parallel market will continue due to back-log of unsatisfied demand for dollars. They also cited rising dollar demand owing to increased economic activities due to reduction in   COVID-19 induced restrictions. The naira depreciated
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