Finance & Economy
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Naira Can Appreciate Below N1,200/$ If CBN Implements Right Policies – Rewane
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, says the appreciation of the naira against the dollar in…
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CBN Communiqué No. 153 of the MPC Meeting – July 22 – 23, 2024
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 296th meeting on July 22nd and…
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Manufacturing companies in Nigeria lost N1.7trn in one year – FIRS chairman
The FIRS chairman said the losses and exits of the foreign companies have made the country lose hugely in terms…
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CBN raises interest rate by 150 basis points to 26.25%
As Dangote, criticizes latest increment of interest rate t The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has…
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Investors Gained N16.54bn as NGXASI Advanced by 0.03%; BDC Rate Appreciated to N1,565/USD
1.1 NGX – Listed EquitiesThe Nigerian equities market kicked off the trading week with a bullish run, extending Friday’s upward…
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Investors Now Opts Longer-dated Bonds
Investors are seen locking their money into longer-dated bonds rather than short-term, high-yielding securities, due to the expected slow pace…
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CBN MPC Decision: Strong Growth Headwinds Ahead, as Monetary Policy Tightness Expected to Persist
In its last meeting on May 21, 2024, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) raised the…
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Wall St closes higher as investors return to megacap stocks
Summary Companies Nvidia jumps on report of new AI chip for China market Mattel soars after Reuters reports buyer interest…
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FIRS gets additional 170,000 taxpayers into tax net
The Federal Inland Revenue Service (FIRS) was able to get additional 170, 000 Nigerians into the tax net in the…
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Nigeria’s June 2024 Inflation Rate Rises to 34.19% as Monetary Policy Measures Prove Muted
“…hunger no longer walks with threadbare clothes…it walks naked” – Analysts This commentary considers: Key Highlights from the June 2024…
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