Ending the holiday shortened week, the Nigerian equities continued their losing streak as the All-Share Index closed 0.10% lower, to close at 51,893.94…
Finance
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Economic and Financial Crimes (EFCC) has arrested 11 suspected internet fraudsters in Jere and Maiduguri Local Government Areas of Borno. Its spokesperson,…
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The Lagos bourse ended mixed with a bearish tilt as the benchmark Index shed 0.02% to settle at 51,944.58 points. The loss puts the…
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The IMF’s managing director on Wednesday called on the international community to support the world’s poorest countries by helping to close a…
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Warren Buffett said there’s a possibility that more U.S. banks could eventually fail, but he’s extremely confident that no depositors will lose…
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Today, activity on the local bourse closed flat as the benchmark index settled at 51,953.41 points. Investors interest in DANGSUGAR (+1.47%), UBN (+0.71%) and…
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International Monetary Fund in its April 2023 economic out look has projected that Nigeria economy will which had a growth figure of…
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Opening the week, the bears continued to dominate the Lagos bourse as the benchmark index gave up 1.96% to close at 51,952.99 points.…
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Arik Air management has barred Arumemi-Ikhide Chairman of the airline from gaining access to the airline premises. The management in apparent defiance…
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EconomyFinanceNews
Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana at IMF/WBG Spring Meetings
U.S. Treasury Secretary Janet Yellen will push this week, at the IMF/World Bank Group Spring Meetings, for urgent resolution of requests by…
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Bus54, an online bus booking platform in Nigeria, has partnered with Cornerstone Insurance Plc to provide protection to passangers while travelling. Ms…
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For the fourth consecutive session, the domestic bourse sustained the losing streak, bringing down the benchmark Index by 1.88% to close at…
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EconomyFinanceNews
US treasury Secretary urges IMF to press creditors to finalise debt restructurings
U.S. Treasury Secretary Janet Yellen has called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the International…
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FinanceNewsStock Market
Nigeria’s finance market last week, FX reserve down, increase in treasury bills rate, crude oil gained marginally
FX Last week, the exchange rate at the Investors and Exporters Window (I&E Window) lost 0.01% to close at N461.38/US$1. Elsewhere, the…
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United Bank for Africa (UBA) Plc, has declared 90kobo per share final dividend for 2022 financial year, making a total dividend payout…