Finance & Economy
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The CBN new minimum capital requirement for Nigerian Banks: The good, the bad, and the downright ugly
Since taking office in late 2023, the new CBN Governor, Mr. Yemi Cardoso has, in not too many words, sprung…
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CBN sacks 40 more staff in move away from development finance
The Central Bank of Nigeria (CBN) has let go of another batch of 40 employees, mostly from its development finance…
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Public Debt: Nigeria’s largest creditors as of December 2023
According to data from the Debt Management Office (DMO), the total public debt in Nigeria is an estimated N97.34 trillion…
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Analysts Speak on How MPC Decisions Will Shape Nigeria’s Financial Markets in Q2,2024
Nigeria’s first quarter 2024 was marked by significant macroeconomic developments. Headline inflation rose to 31.70%, as food inflation climbed to…
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Access Holdings Plans $1.5bn Capital Raising Programme, Targets N365bn Rights Issue
Access Holdings Plc has unveiled plans to establish a Capital Raising Programme of up to US$1.5bn. The Programme aims to…
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CBN Announces New Minimum Capital Requirements for Banks in Nigeria
Days after urging Nigerian banks to hasten the recapitalisation of their equity base, the Central Bank of Nigeria (CBN) announced…
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Naira gains whopping 21.8% against dollar in March 2024, best in 5 years
The Nigerian Naira appreciated significantly against the US dollar throughout March 2024, marking a major turnaround for Nigeria’s exchange rate…
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ABCON says CBN’s recall of BDCs into forex market boosted naira recovery
Naira gains N660 between February and March https://googleads.g.doubleclick.net/pagead/ads?gdpr=0&us_privacy=1—&gpp_sid=-1&client=ca-pub-3735192167361340&output=html&h=250&slotname=8024534568&adk=2880566378&adf=1794609338&pi=t.ma~as.8024534568&w=300&lmt=1711914015&format=300×250&url=https%3A%2F%2Fnairametrics.com%2F2024%2F04%2F01%2Fabcon-says-cbns-recall-of-bdcs-into-forex-market-boosted-naira-recovery%2F&wgl=1&dt=1711914014417&bpp=3&bdt=13106&idt=743&shv=r20240327&mjsv=m202403250101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D78c5435a27d2b198%3AT%3D1706746854%3ART%3D1711956810%3AS%3DALNI_MaCdX22vXATZ2t5JwVEmpydB-wjWA&gpic=UID%3D00000d4db8c6848f%3AT%3D1706746854%3ART%3D1711956810%3AS%3DALNI_MZc7DOhFPhDwYnHHm7zGJD1gf727Q&eo_id_str=ID%3Decae2d993ac36a8c%3AT%3D1706746854%3ART%3D1711956810%3AS%3DAA-AfjaUzqMff3P8qrqx9TzI58hz&prev_fmts=0x0&nras=1&correlator=3009829691839&frm=20&pv=1&ga_vid=733453400.1706708259&ga_sid=1711913770&ga_hid=270718591&ga_fc=1&u_tz=60&u_his=3&u_h=512&u_w=911&u_ah=485&u_aw=911&u_cd=24&u_sd=1.5&adx=100&ady=1096&biw=899&bih=417&scr_x=0&scr_y=981&eid=44759876%2C44759927%2C44759842%2C44798934%2C95321963%2C31082144%2C31081481%2C95328825&oid=2&pvsid=3942124761552207&tmod=1691895952&nvt=1&ref=https%3A%2F%2Fnairametrics.com%2F&fc=1920&brdim=-5%2C-5%2C-5%2C-5%2C911%2C0%2C921%2C496%2C911%2C417&vis=1&rsz=%7C%7CeE%7C&abl=CS&pfx=0&fu=0&bc=31&bz=1.01&ifi=2&uci=a!2&fsb=1&dtd=1176 The Association of Bureau De Change Operators of Nigeria (ABCON) has…
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Nigeria will have maximum of nine taxes after presidential committee’s work – AdedejiNigeria
“In an economy of our size, it will be extremely difficult if we don’t have a consumer credit scheme. People…
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Nigeria’s money supply hits historic N95.56 trillion in Feb 2024 despite MPC’s tightening stance
Nigeria’s broad money supply (M3) has surged to a new historic high of N95.56 trillion as of February 2024 despite…
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