Central Bank of Nigeria (CBN), says it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit…
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The equities market opened the week bearish as the All-Share Index lost 7bps due to sell-offs in ZENITH (-0.6%), ACCESS (-1.0%) and…
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The Nigerian Bottling Company Limited (NBC) has reiterated its commitment to product quality and integrity, pledging that this would remain the gold…
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African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s, on 14 July affirmed…
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Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund IMF, said at the conclusion of the virtual meeting of the Group…
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Banks operating in the country have decided to reduce the amount customers can spend abroad using debit cards. Some of the banks…
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Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has said the Agency would get tough with untrained…
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The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and…
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Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, National Bureau of Statistics…
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The bearish sentiment in the local bourse persisted as the All-Share Index declined on 3 of 5 trading days – Monday (-44bps), Tuesday (-34bps) and…
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The Civil Society Advocacy Group for Accountability and Probity has slammed the Rivers State Governor, Nyesom Wike for obstructing Thursday’s move by…
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BusinessEconomyFinanceNews
Sub Saharan Africa mergers & acquisition totalled $10.3bn in the first half of 2020—Refinitiv
Refinitiv has said in a report that investment banking fees in Sub-Saharan Africa reached an estimated $64.5 million during the second quarter…
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The stock market sustained previous day’s positive performance as gains in MTNN (+2.6%), AIRTELAF (+2.4%) and GUARANTY (+2.3%) drove the benchmark index up 82bps to settle at 24,330.06 points.…
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Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes…
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The Organisation of Petroleum Exporting Countries (OPEC) and its allies called OPEC+ has requested the Joint Technical Committee (JTC) to closely monitor…