The bearish trend in the local bourse halted in today’s trading session as the All-Share Index (ASI) rose 0.1% to settle at…
Finance
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Investors on the floor of Nigerian Stock Exchange (NSE) staked N7.83 billion on 694.02 million shares in 2,780 deals. The volume of…
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President, African Development Bank (AfDB) Mr Akinwunmi Adesina, has awarded $1.1 million to 10 young African agric entrepreneurs to boost food production…
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United Bank for Africa Plc, has recorded impressive performance in its unaudited 2019 third quarter 2019 Financial Results, with significant growth in…
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EconomyFinanceNews
Joint Ministerial Committee of the board of governors of World Bank, IMF on transfer of real resources to developing countries
1. The Development Committee met today, October 19, in Washington, DC. 2. Global growth remains subdued, reflecting the softening pace of investment…
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The African Export Import Bank has said that its intervention in the maritime sector in the last 3 years is over US$500million…
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EconomyFinanceNews
Nigerian delegation to 2019 IMF/World Bank secures $3bn World Bank power financing, Nigerian banks are sound
At the conclusion of the 2019 IMF/World Bank Annual Meetings in Washington, the Nigerian delegation led by the minister of Finance said…
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The Nigerian Stock Exchange (NSE) moved 310.56 million shares worth N4.99 billion in 2,825 deals. This was against 147.09 million shares valued…
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Central Bank of Nigeria (CBN) has made an intervention of $325.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in…
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Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), today in Washington, D.C., received the 2019 2019 Man of the Year…
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Central Bank of Nigeria (CBN) in its 2018 Financial Stability report said it will continue to use monetary policy tools to achieve…
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The Federation Account Allocation Committee (FAAC) in Abuja, shared a total of N693.529 billion to the three tiers of government for the…
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Today, the benchmark index declined for the third consecutive trading session. The ASI dipped 6bps to 26,456.29 points following losses in GUARANTY (-1.3%), UBA (-2.5%) and ZENITH (-0.8%).…
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International Monetary Fund has urged Nigeria to focus more on non oil revenue drive, economic diversification and intensifying war on corruption. Speaking…
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Minister of Finance Zainab Shamsuna Ahmed has said that the federal government has introduced a bill in the National Assembly to give…
