Operators in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria…
Finance
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Nigeria’s interbank lending rate rose to around 15 per cent weekend from five per cent last week after commercial banks paid for…
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BusinessEconomyFinanceNews
Reinvigorate trade to boost global economic growth—-IMF, Word Bank, WTO urge leaders
By Omoh Gabriel IMF, World Bank and World Trade Organisation have urged global leaders to reinvigorate trade to boost global economic…
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The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank…
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The African Development Bank (AfDB) has called for the empowerment of small and medium operators in the textiles, apparel and accessories sectors…
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Central Bank of Nigeria CBN, Nigerian Communication Commission NCC, have intervened to the imminent collapse of Etisalat bogged by $1.2 billion debt…
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The latest Top 1000 world Banks 2017 ranking results suggest that the aggregate Tier 1 capital of banks in this year’s rankings…
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The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has…
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BusinessEconomyFinanceNews
Elumelu commends Afreximbank …. urges other DFIs to Support African businesses
At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs…
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By Omoh Gabriel Six Nigerian banks have emerged among the top twenty five banks in Africa in the Banker magazine 2017 1000…
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BusinessEconomyFinanceNews
Business activity, new orders, employment, inventory growing at a faster rate in June 2017——CBN
The Manufacturing purchasing managers’ index PMI, stood at 52.9 index points in June 2017, indicating expansion in the manufacturing sector for the…
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Mrs Patience Oniha as been appointed as the new Director General for the Debt Management Office DMO. The Acting President, Professor Yemi…
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Central Bank of Nigeria sold N31.94 billion treasury bills on Friday in a bid to mop up liquidity in the money market…
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On the first day of transaction after the Eid-el-Fitr celebration, the Central Bank of Nigeria (CBN), on Wednesday June 28, 2017, intervened…
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After 3 consecutive days of decline, the benchmark index opened the week positive as investors hunted for bargains in bellwether Banking, Industrial…