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News
Oil falls as China widens COVID-19 curbs; still set for weekly gain
– Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were…
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Finance & Economy
Nigeria Changes 50% of Currency Denominations
The Central Bank of Nigeria has announced a programme for the change of & design of four of the eight…
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Finance & Economy
Investors Lose N127.78bn as NGXASI Declines by 0.52%
Nigerian Equities Market closed negative as the key market indicator declined by 234.60bps amid positive market breadth The NGX All-Share…
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News
Seplat Energy Plc Reports N33.86bn PAT in Q3’22 Results, Proposes $2.5cents Interim Dividend; (SP: N1200.00k)
Key Highlights Revenue grew by 41.6% from N182.68bn to N258.72bn.Profit before tax stood at N77.47bnProfit after tax stood at N33.86bnShare…
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Finance & Economy
Zenith Bank Plc Reports N174.33bn PAT in Q3 2022 Results
Key Highlights Gross Earnings grew by 19.6% from N518.67bn to N620.57bn.Profit before tax stood at N202.55bnProfit after tax stood at…
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Finance & Economy
Currency Management Has Faced Several Daunting Challenges – CBN
Good afternoon Ladies and Gentlemen, and welcome to this special press briefing of the Bank. We have called this…
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News
CBN Set to Introduce Redesigned N200, N500, and N1000 Notes
Numerous media platforms have reported that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has announced that…
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Finance & Economy
No Respite for Inflation as Floods Limit Food Supply
The recent heaving flooding across most parts of Nigeria remains a critical factor that will drive food inflation numbers for…
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Finance & Economy
Zainab Ahmed: Falling oil revenue, petrol subsidy affecting full implementation of 2022 budget
Zainab Ahmed, minister of finance, budget and national planning, says oil revenue shortfall and petrol subsidy deductions are challenging the…
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Finance & Economy
Moody’s Downgrades the Long-term Ratings of Nine Nigerian Banks to B3 from B2, Places Ratings on Review for Further Downgrade
Rating action follows the downgrade of the sovereign rating to B3 from B2, and the placement of the government rating…
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