Finance & Economy
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In matters of economics, Ikoyi trumps Fadeyi by far
BY TOPE FASUA I had meant to write an article to explain recent economic decisions that are surely on their…
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Access Holdings board of directors appoints Aigboje Aig-Imoukhuede as Chairman
Access Holdings Plc (‘the Holdco’), has announced the return of Mr. Aigboje Aig-Imoukhuede, CFR to the bank as its Non-Executive…
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Binance restricted 281 accounts belonging to Nigerian residents, trained EFCC officials
Binance stated it restricted 281 accounts belonging to Nigerian residents due to money laundering concerns in 2022 and extensively collaborated…
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CBN ‘lacks liquidity to support naira’ as derivative deals overwhelm FX reserves – EIU
The Central Bank of Nigeria (CBN) faces a significant liquidity crisis in supporting the naira, as nearly $20 billion of…
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Record-Breaking Day: ASI 100,000 surge fuelling N420 billion gain in equity
The NSE’s NGX All-Share Index (ASI) rose by 743.66 points to hit a new high of 100,335.3 points, a level…
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U.S dollar set for first weekly fall in 2024 while naira shows momentum
The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the…
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Foreign investors still wary as Cardoso pitches for hot money inflows
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January…
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Currency in Circulation up 163% YoY Reaching N3.65trn as of January 2024
Money Supply statistics from the Central Bank of Nigeria (CBN) as of January 2024 revealed that currency in circulation (CIC)…
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Extending Beyond Wall Street: Abuse of Shareholder Jets by African Bank Executives
While most of the spotlight remains on North American and European financial giants, executives at leading African banks and funds…
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CBN Revokes Operational Licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN), in exercise of the powers conferred on it under the Bank and Other Financial…
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