The African Development Bank (AfDB) says that Africa loses about $50 billion annually to illicit financial flow in the continent. Mr Ebrima…
Category:
Finance
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Lagos State Commissioner for Economic Planning and Budget Mr Olusegun Banjo said the state has recorded a revenue of N141.96 billion in…
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United Bank for Africa (UBA), on Monday endorsed the payment of N22.23 billion final dividend declared by the board for the financial…
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The bearish performance of the domestic bourse was sustained as the All Share Index (ASI) fell 12bps to settle at 40,763.93…
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World Economic Forum has said that the hype on Blockchain technology is misleading and untrue. In a statement it said “Blockchain…
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Contrary to insinuations, Finance minister Kemi Adeosun and CBN governor Godwin Emefiele, never confirmed they would attend Investors’ Summit in Washington. They…
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Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best…
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EconomyFinanceNews
Nigeria will Sustain Positive Growth Outlook as External Reserves Hit $47.93bn—Adeosun, Emefiele
…$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of…
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The World Bank Group’s shareholders today endorsed an ambitious package of measures that include a $13 billion paid-in capital increase, a series…
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South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering…
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In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in…
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The Federal Operation Unit Zone B of Nigeria Customs Service said on Thursday it seized 1, 500 bags of smuggled rice and…
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The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria…
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The local bourse rebounded today as the All Share Index (ASI) rose 25bps to close at 40,874.09 points following buying interest in DANGCEM…
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In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) has intervened…