Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African…
Finance
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MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100…
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 13.50% to…
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Following the 2-day public holiday, the stock market resumed with a positive momentum as the All-Share Index advanced 7bps to close at 25,221.23 points, driven…
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BusinessEconomyFinance
Trumped up allegations unjustly seek to impugn my honour and integrity—Adesina
President Africa Development Bank, Akinwumi Adesina has said that the allegation against him are trumped up seeking to unjustly taints his image…
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As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated institutions, the…
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The Financial Reporting Council (FRC) has launched its investigation into two Big Four audits of logistics and transport company Eddie Stobart. The…
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World Economic Forum has reported that in a matter of weeks, the pandemic forced the global economy and society, organisations and individuals…
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Nigeria’s external reserves has been boosted as it went up to $35.77 billion. Despite the volatility in the foreign exchange market due to decline in…
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A total of $5.85 billion capital importation (inflows) came into Nigeria between January and March 2020, compared to $8.51 billion in first…
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EconomyFinanceNews
US targets removal of Akinwumi Adesina as AfDB boss, calls for independent investigation
United States of America has rejected AfDB’s exoneration of Akinwumi Adesina, the bank’s president calling for an independent probe of allegation levelled…
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BusinessEconomyFinance
African Risk Capacity beefs its operations with 2 new non-executive Directors
The African Risk Capacity Limited (ARC Ltd) has appointed two new Non-Executive Directors (NEDs), Mr Jurgen Meisch and Mr. Phillip Pettersen, to…
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Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual…
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The World Bank expects to make a decision in late July on a $1.5 billion loan to support Nigeria as it fights…
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The World Bank Group has said that its emergency operations to fight COVID-19, coronavirus, have reached 100 developing countries – home to…
