Swiss Re’s, a leading global reinsurance firm’s 2017 Review and 2018/19 Outlook Report said that global non- life premiums increased moderately, growing…
Finance
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In its first intervention in the inter-bank foreign market for the month, the Central Bank of Nigeria (CBN) on Friday, November…
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The local bourse closed lower this week from the previous week positive performance as profit taking in market bellwethers dragged the equities…
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FinanceNewsStock Market
Sell pressures persist as domestic Equities market extend losses…ASI down 1.4%
Sell pressures persisted in the local bourse as losses extended into the third consecutive session. Losses in DANGCEM (-2.9%), NESTLE (-1.5%) and…
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(Reuters) – Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when…
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The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made…
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The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil…
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The level of Non-Performing Loans (NPLs) in the Nigeria banking sector rose by 15.6 per cent in 2017, the News Agency of…
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Shares trading at the Nigerian Stock exchange, sustained sell pressures amidst weak investor appetite weighed negatively on the stock market as it…
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EconomyFinanceNews
IMF names Ellen Johnson Sirleaf. others external Advisory Groups for the 2020 comprehensive surveillance review
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced the formation of two external advisory groups consisting of…
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The domestic equities market reversed gains from the previous session as elevated sell pressures impacted market performance today. Consequently, the All Share…
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EconomyFinanceNews
Wema Bank partners Advantage Health Africa to provide support to Pharmaceutical service providers
Wema Bank plc said it is partnering with the the Association of Community Pharmacist of Nigeria (ACPN) through Advantage Health Africa (AHA)…
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Authorised dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central…
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Foremost financial and investment analyst, Mr. Bismarck Rewane, has commended the Federal Government, through the Central Bank of Nigeria (CBN), Asset Management…
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The implementation of Tier-based Minimum Solvency Capital policy for insurance companies operating in Nigeria has been suspended by the industry’s regulator, National…