The Central Bank of Nigeria (CBN), has sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million. The…
Category:
Finance
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Workers in the Public sector are in pensive mood in reaction to the Minister of Labour and Employment Senator Chris Ngige declaration…
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FinanceNewsStock Market
Share sell off banking stock depressed stock market as investors lost N106.9bn
Trading at the floor of the Nigerian Stock Exchange extended losses from last week into Monday as the All Share Index (ASI)…
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Ibeto Cement Co. Ltd., a privately owned Nigerian producer of the building material, signed a deal to get $850 million in financing…
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Ecobank shines in South Korea as it recognised and appreciated with two major awards, Africa’s best retail bank and Innovation in Banking…
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MTN Group on Monday said it was perfecting the details of its proposed Nigeria Initial Public Offering (IPO), the News Agency of…
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BusinessEconomyFinance
Nigeria, China currency swap deal will increase size of Nigeria’s trade deficit with China—Augusto
Indications are that the recent currency swap deal between Nigeria and China will increase the size of Nigeria’s trade deficit with China…
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BusinessFinanceNews
CBN to banks: sell Forex to customers/non customers, BDCs to get dollars days in a week
The Central Bank of Nigeria, CBN, has directed all banks to sell foreign exchange to anyone that is willing to purchase over…
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EconomyFinanceInterview
We will close 2017 Budget in excess of N1.5trn for capital expenditure—Adeosun
Excerpts of media interaction with Minister of Finance Five months into the year, the implementation of 2018 Budget is yet to take…
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Trading on the floor of the Nigerian Stock Exchange (NSE) saw prices of stock falling lower and thus dragged down the market…
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The Federal Government has recorded N50.45 billion from its May bonds auction, lower than the N70 billion it targeted to raise, the…
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The Government of Korea and the African Development Bank have issued a Joint Declaration following the conclusion of the Ministerial Roundtable of…
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In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate any…
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From right: Edo State Governor, Mr. Godwin Obaseki; World Bank Country Director for Nigeria, Rachid Benmessaoud; Country Manager, International Finance Corporation (IFC),…
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The bearish performance of the domestic bourse continued for the fifth consecutive trading session as the All Share Index (ASI) declined 25bps to…