Vice President Yemi Osinbajo, SAN has thrown his weight behind cashless drive of the Central Bank of Nigeria saying “when effectively operated,…
Category:
Finance
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Nigeria’s pension fund assets rose to N14.99 trillion as of December 2022, representing a gain of N1.5 trillion (11.7%) compared to N13.42…
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Opening the week, the local bourse rebounded by 0.95% – the highest single-day gain in the month – to settle at 53,157.83 points.…
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(Reuters) – Nigeria’s government bonds fell heavily on Monday after ratings agency Moody’s downgraded the West African oil producer late on Friday…
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Civil Society Legislative Advocacy Centre, CISLAC, has raised alarm over Nigeria’s debt crisis pushing Nigeria towards a fiscal cliff as the situation…
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Ecobank has scored a major victory at the Supreme Court as it won in a N5.5 billion debt dispute against Honeywell and…
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EconomyFinanceNews
CBN extends deadline for exchange of old for new redesigned Naira, CPPE says 10 days not enough
Central Bank of Nigeria has extended the January 31, deadline by another 10 days for Nigerians to dispose of the old notes.…
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EconomyFinanceNews
US Central Bank Board issues policy to promote level playing field for all banks with a federal supervisor, regardless of deposit insurance status
United States Federal Reserve Board said it has issued a policy statement to promote a level playing field for all banks with…
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In the last trading session of the week, the domestic bourse reversed some of the week’s gains by 0.18% to close at 52,657.88…
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The European Central Bank (ECB) on Friday rejected calls from Europe’s banks to ease capital rules to boost lending and put them…
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Domestic equities bounced back today from losses earlier in the week, as the benchmark All-Share Index increased by 0.29% to close at…
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McKinsey one of the leading world most reputable consulting firm has predicted that Africa fintech companies will earn around $30.3 billion by…
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Central Bank of Nigeria has begun a cash swap policy in Bayelsa State through agents to distribute the newly redesigned notes to…
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Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems (NIBSS) to launch the National Domestic Card…
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EconomyFinanceNews
Senate turns down Buhari’s request for securitisation of N22.7trn Ways and Means over failure to provide details
Senate has turned down Buhari’s request for securitisation of N22.7 trillion borrowed from Central Bank of Nigeria as Ways and Means as…