Finance & Economy
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CBN Releases Inflation Expectations Survey Report for July 2024
The Central Bank of Nigeria (CBN) Inflation Expectations Survey (IES) for July 2024 was conducted from July 14-26, 2024, among…
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Investors Gained N271.61bn as NGXASI Advanced by 0.49%; BDC Rate Appreciated to N1,600/USD
Snapshot 1. EQUITIES MARKET 1.1 NGX – Listed Equities At the close of market on Tuesday, the Nigerian stock market extended…
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Edun Unveils ASAP Implementation Committee to Revitalise Key Economic Sectors
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has unveiled the implementation committee of the…
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Nigeria’s GDP Grew 3.19% YoY in Q2 2024
Nigeria’s Gross Domestic Product (GDP) grew by 3.19% year-on-year (YoY) in real terms in the second quarter of 2024, which…
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FG deficit rose to N824bn in April – CBN
The Federal Government’s fiscal deficit rose month-on-month by 0.1 per cent to N824.79bn in April from N823.91bn in March, the…
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Banks Recapitalization Watch for the week ended August 23, 2024
This week, the NGX-Banking Index fell by 0.37% week on week (W-o-W) to close at 840.77. Among the Tier 1 banks, GTCO’s share price…
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Access Bank raises N442 billion through syndicated Tier II Facility
Access Bank has collaborated with the Dutch Entrepreneurial Development Bank (FMO) to sign a syndicate Tier II Facility agreement valued…
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What to Expect from the Markets this Week – 120824
Economy Nigeria’s PMI dips to 49.2 in July 2024 Nigeria’s Purchasing Managers Index (PMI) fell below the 50-point threshold to…
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CBN Excludes Six Banks in Its New Retail FX Sales Scheme to End Users
On Tuesday, August 6, 2024, the Central Bank of Nigeria (CBN) conducted retail foreign exchange (FX) sales to end users…
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CBN approves financial accommodation for Unity, Providus Bank merge
The Central Bank of Nigeria (CBN) has granted an approval for a financialaccommodation to support the proposed merger between Unity…
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