Finance & Economy
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SEC to sensitise market operators on anti-money laundering regulations
The Securities and Exchange Commission (SEC) has concluded plans to enhance capital market operators’ understanding of the Anti-Money Laundering and…
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NNPC LTD. WORKING WITH NEITI, OTHER STAKEHOLDERS TO RECONCILE NEITI’S 2021 REPORT
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it would continue to collaborate with the Nigeria Extractive Industries…
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Q3,2023: UBA LEADS THE PACK WITH BIGGEST PROFIT
With a game changer from non interest income, UBA sustains the momentum from its second quarters ,beats its closest rivals…
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JP Morgan projects Naira to trade at N850/$ by December
JP Morgan, a global financial services company based in the United States, predicted on Wednesday that by December 2023, the…
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CBN commence “clearing” of forex backlogs – Report
Recent information obtained by Nairametrics reveals that the Central Bank of Nigeria (CBN) has taken significant steps to address the…
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Naira gains against dollar but fragile amid U.S interest rate decision
The Nigerian naira has once again surpassed a key black market resistance level, settling at N1,170 against the greenback, as…
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Nigeria sells 1yr OMO bill at 21% in biggest signal of interest rate adjustment
Nigeria has given the clearest signal yet of its willingness to allow interest rates go up to match rising inflation…
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Private Sector Credit Extension (PSCE) Increased by 45% YoY to N58.6trn in September 2023
The most recent data from the Central Bank of Nigeria (CBN) shows that private sector credit extension (PSCE) increased by…
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Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate
President Tinubu signs executive orders to boost FX liquidity Government plans local issuance of dollar denominated debt Nigeria is planning…
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Does MRS Oil’s financial performance justify its share price rally?
MRS Oil Nigeria Plc, a petroleum and petroleum products company in the oil and gas sector, announced 45.9% revenue growth…
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