Central Bank of Nigeria has said that a total of $2.37 billion was the amount that came into the country through official…
Finance
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Acting President Yemi Osinbajo, SAN, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge…
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Africa’s premier infrastructure summit opened in Abuja, Nigeria. At the opening the summit President and CEO of AFC, Andrew Alli,said: “In 2014 we…
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Central Bank of Nigeria has injected a total of $457.3 million fresh funds into the foreign exchange market. This is coming on…
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In spite of a lull in FOREX trading activities towards the end of last week, the Central Bank of Nigeria (CBN) has…
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States and Federal government of Nigeria debt stock data as at 31st December 2016 indicates that the country’s foreign and domestic debts stood…
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Industrial unrest looms in the nation’s financial sector following the arrest of the President of the National Union of Banks, Insurance and…
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Fitch Ratings has assigned Zenith Bank PLC’s upcoming issuance of $500 million, five-year senior unsecured notes an expected rating of ‘B+’.…
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National Assembly has passed the N7.44 trillion budget for 2017 on aiming to drag the nation’s economy out of its first downturn…
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National Assembly plans to spend the sum of N125 billion in 2017 as against the sum of N115billion it budgeted for 2016.…
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Moody Rating Agency has projected a GDP growth of 2.5 per cent for Nigeria at the end of the year. This means…
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Andrew Alli, President and Chief Executive of Africa Finance Corporation AFC, has said that Africa’s infrastructure gap remains colossal, requiring approximately $100…
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The Federal Government, in apparent contradiction of its earlier position made a u-turn on its modular refineries initiative, declaring that it would…
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Bank customers who pay out dud cheques are now to be penalised by banks. Such customers are to pay charges of one…
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BusinessEconomyFinanceNews
Nigeria banks will remain profitable despite modest credit growth 2017—-Fitch
Fitch Ratings in its report on Nigeria banks released yesterday said that Nigerian banks posted good financial results for 2016, despite…
