Chairman Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu has said that the high cost of governance in Nigeria is draining…
Finance
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Director-General (DG) of the National Pension Commission (PenCom), Aisha Dahir-Umar, has opened up and publicly denied that the commission gave N10 trillion…
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EconomyFinanceNews
CBN reports upsurge in dollar inflow as remittances quadruple, foreign investors’ return
The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked…
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Closing the week, the local bourse ended the session on a positive note, bringing the All-Share index up by 0.99% to close at…
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Global banking regulators proposed measures on Thursday to crack down on “unacceptable” attempts by the world’s biggest banks to game rules in…
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The bullish sentiment persisted in the Lagos bourse. Renewed buy interests in Telco heavyweight, MTNN (+10.00%), along side sustained interest in TRANSPOWER (+9.99%) and DANGSUGAR (+10.00%) outweighed losses…
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FinanceNewsStock Market
Airtel Africa repurchase 315,000 ordinary shares, NGX All-Share Index closes positive, up 0.40%
Airtel Africa has said at the floor of Nigerian Exchange NGX that it has successful repurchase 315,000 units of its ordinary shares…
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The Lagos bourse sustained the bullish run as the benchmark index gained 0.35% to close at 99,190.46 points. Sustained interest in TRANSPOWER (+10.00%), alongside renewed interest in GTCO (+0.48%),…
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FinanceNews
Binance forced out of services in Nigerian local currency amid crackdown on crypto exchanges
Binance will stop all transactions and trading in Nigeria’s local currency after March 8 amid a country-wide crackdown on crypto exchanges that…
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EconomyFinanceNews
New data show massive, wider-than-expected global gender gap as women enjoy just two-thirds of legal rights men enjoy—WBG
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report…
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FinanceNews
Afreximbank tops loan market rankings in Bloomberg’s 2023 Capital Markets tables for Sub-Saharan Africa
African Export-Import Bank (Afreximbank) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for…
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The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680…
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Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal…
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In the first trading session of the week, the local bourse posted gains as the benchmark index gained 0.10% to close at 98,847.89 points. Investors…
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The Federal Government has imposed a $10 billion fine on the crypto trading platform, Binance, over allegations of influencing the country’s forex…