Africa Finance Corporation said it is accelerating efforts to mobilise the continent’s own money for investments, and tapping investors in the Middle…
Category:
Finance
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The National Insurance Commission (NAICOM) has taken another step to strengthen the insurance industry in Nigeria by issuing a license to CHI…
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Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand…
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Finance
CBN withdraws N1.68trn from circulation by selling OMO Bills to local, foreign investors at 19.32%
The Central Bank of Nigeria (CBN) pulled out N1.68 trillion out of circulation through opem market operation; by selling OMO bills to…
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A Federal High Court sitting in Lagos has ordered the final forfeiture of another $1.4 million linked to a former Governor of…
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N Seven, the new single largest shareholder of Guinness Nigeria Plc, has offered to take out minority interest at N81.60. The move…
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Wema Bank says it aims to stimulate entrepreneurship further, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem…
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Central Bank of Nigeria (CBN), released the results of Wednesday Treasury Bills (T-Bills) auction conducted on March 5, 2025. The auction, which…
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Finance
Ecobank Group expands its gender-financing offer to facilitate access to financing for Africa’s women entrepreneurs
To bridge the gender financing gap for Africa’s women entrepreneurs, Ecobank, said that it has introduced significant enhancements to its multi-award-winning gender-financing…
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Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and…
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By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65%…
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Naira rose against the US dollar in the foreign exchange (FX) market to settle at N1,499 in the official window on Wednesday. …
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The debt crisis facing the world’s poorest economies is reaching new highs and debt servicing is eating up a growing share of…
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Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s dedication to enhancing economic cooperation between Nigeria…
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Britain’s competition regulator has fined Citi and Royal Bank of Canada a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information…