The Edo Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. DCP Ayoola Ajala, Deputy…
Category:
Finance
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EconomyFinanceNews
Fed’s Powell says interest rates will be on hold absent a material deterioration in economy
Federal Reserve Chairman Jerome Powell on Wednesday told Congress that interest rates are on hold absent a material deterioration of the economy.…
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Trading at the Nigerian Equities market saw a dip in prices of shares of three companies, Dangote Cement, Guaranty Trust Bank and…
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Africa Finance Corporation AFC, a leading infrastructure solutions provider in Africa, said that the African Development Bank Group (“AfDB”), Africa’s highest investment-grade…
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Visa said it will buy a significant minority stake in Nigerian payments platform Interswitch, creating “an instant acceptance network across Africa” that…
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The Supreme Court has upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation (NNPC) to pay $22.6 million(N8.1billion) in damagesto BCE Consulting…
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The bulls dominated the equities market today as the ASI rose 0.5% to 26,456.39 points following price appreciation in DANGCEM (+1.0%), CCNN (+9.1%) and ACCESS (+3.8%). Consequently, YTD…
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Afreximbank President Prof. Benedict Oramah shakes hands with Ronnie Ntuli, Chairman of the board of Thelo DB, following today’s signing of a…
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Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly…
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FinanceNews
Afreximbank urges Open Account Terms for achievement of AfCFTA Intra-African trade goals
The African Export-Import Bank (Afreximbank) has urged the use of open account terms for trade in Africa in order to facilitate the…
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Phillips Consulting has said that it has put together a package that has helped Lagos and Ogun states to come together in…
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The Nigerian Equities market according to Afrinvest report halted its 5-week bearish run this week as the benchmark index gained 8bps W-o-W…
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EconomyFinanceNews
14 global asset managers, Nigerian banks for Reps probe over $7bn unaccounted for foreign reserve assets
House of Representatives has resolved to investigate the non-payment of seven billion dollars disbursed by the Central Bank of Nigeria (CBN) to…
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The equities market closed in the negative region today as the ASI declined 14bps to 26,188.24 points due to price depreciation in UNILEVER (-10.0%),…
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Africa Finance Corporation AFC, said it has successfully issue a $500 million Eurobond for general corporate purposes, maturing in October 2029. The…