Federal, States and Local governments, the three tiers of government in the country shared a total of N619.85 billion as revenue allocation…
Finance
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Indications are that the Naira will strengthen more after the Central Bank of Nigeria Monetary Policy in a surprise twist cut its…
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Sell pressures in the Banking stocks – GUARANTY (-3.7%), STANBIC (-5.2%) and FBNH (-2.4%) – dragged the benchmark index 67bps lower to…
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African Development Bank (AfDB) and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The…
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Two Nigerian companies have won awards at the ongoing Africa CEO forum in Kigali. They are Access Bank and Kobo 360. According…
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Zenith Bank’s financial result for the year ended December 31, 2018 has reaffirmed its market leadership as Nigeria’s most profitable financial institution.…
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European authorities on Wednesday fined Google 1.5 billion euros for antitrust violations in the online advertising market, continuing its efforts to rein…
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The Federal Government of Nigeria will auction by subscription N100 billion worth of bonds on March 27, 2019. The Debt Management Office…
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Access Bank and Diamond Bank says the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given them…
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The Governor, Central Bank of Nigeria (CBN) Mr Godwin Emefiele on Monday said that over five hundred million dollars was being spent…
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The African Export-Import Bank (Afreximbank) says ‘factoring’, a form of financial transaction, is a viable and sustainable solution that will address access to finance…
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The Governor, Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has lauded the contributions of women at the Bank, saying closing gender…
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Nigeria potentially faces the largest financial liability in its history, and a hedge fund is coming to collect. The legal and political…
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EconomyFinanceNews
CBN, EFCC meet to tackle economic crimes, may bar culprits from opening bank accounts in Nigeria
Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met on Thursday, March 7, 2019, with…
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The Nigerian Stock Exchange (NSE) extended loses for the second consecutive day with crucial market indices dropping further amid profit taking. Losses…