Finance & Economy
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N30trn Ways and Means Probe: How Emefiele signed billions of naira in 13 places – Panel
“The Committee of Governors ought to be the signatory to the ways and means account, but in the document we…
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CBN clears remaining valid FX backlog as external reserves rise by $993 million
The Central Bank of Nigeria (CBN) has announced the complete clearance of the valid foreign exchange backlog. This significant achievement…
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Naira strengthens to N1400/$ on the parallel market as speculators sell
Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant…
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Naira face U.S Fed test as Nigeria FX market show short term stability
A litmus test of the naira’s stability will be in play when the Federal Reserve makes it interest rate decision…
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WHEN THE BANKING SECTOR IS NOW DOMINATED BY THE FEMALE GENDER:
As Zenith Bank Appoints Adaora Umeoji As New GMD/CEO Zenith Bank has appointed Adaora Umeoji as its new group managing…
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Inside CBN’s N10 trillion intervention where N193 billion loans have been declared lost
The Central Bank of Nigeria’s Intervention Funds Programme, estimated at N10.3 trillion, has achieved a repayment rate of 75.8%. The…
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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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