Indications are that this week the Central Bank of Nigeria (CBN) will commence another round of forex injections into the invisibles segment…
Finance
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Bank of Industry (BOI) has posted an operating Profit Before Tax of N17 billion in 2016 which represents a 44 per cent increase…
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Buoyed by the impact of its interventions and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) offered the…
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Access Bank’s first quarter of 2017 results has shown a high performance with very strong financial indices. The bank’s profit before tax…
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A diverse group of leading stakeholders in the $7.6 trillion global healthcare sector are calling for a major overhaul of healthcare systems,…
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BusinessEconomyFinanceNews
Emefiele predicts end of recession by September, as reserves climbs to $31bn
Central Bank of Nigeria CBN Governor, Godwin Emefiele, has predicted that the current harsh economic conditions in the country will abate by…
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The total domestic debt of the 36 states of the federation as at December 2016 amounted to N2.958 trillion with Lagos state…
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Federal Government of Nigeria plans to borrow the sum of $5.926 billion from China and the World Bank Group. This fact is…
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The value of naira at the portfolio investors and exporters window of the foreign exchange market was quoted at N378.54 against the…
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BusinessFinanceNews
CBN sells $25m in investors/exporters window as dealers fail to subscribe fully to $150m offer
The Central Bank of Nigeria (CBN) has started interventions in the new Investors’ & Exporters’ FX Window with the sale of $25million…
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Board of Nigerian Breweries has recommended a total dividend of N28, 386, 181, 179 for approval at the forthcoming Annual General Meeting…
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Lagos State, has redeemed N57.5 billion local currency bonds it issued seven years ago, it said. Finance Commissioner Akinwunmi Ashade said the…
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The Central Bank of Nigeria (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the…
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Market Statistics Monday, 24th April, 2017 Market Cap …
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Pragmatic initiatives taken by the central Bank of Nigeria (CBN) to commence sectoral foreign exchange interventions may have started yielding positive results…