Finance & Economy
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Stanbic Declares N67.92bn PAT in Q2 2023 Results; Proposes 150k Interim Dividend,
Stanbic IBTC Holdings is staying on the recovery and growth track for the second year. Stanbic Declares N67.92bn PAT in…
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Nigerian Equities Beat 15-Year Record To Hit All-Time High At 66,490
The Nigerian capital market received a wave of euphoria at the close of Tuesday’s trading, with the All-Share Index (ASI)…
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No more borrowing to finance Nigerian economy – Minister of Finance, Wale Edun
The Minister said Federal Government has no intention to borrow from any local or foreign organisation with its removal of…
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Finance Act 2023 to Take Effect from September 1 2023
The Finance Act 2023, which amended certain provisions in the tax laws, was enacted on 28th May 2023 with an…
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Nigeria’s Foreign Reserve Crisis: A Second Take on JP Morgan’s Outlook
Is a half-filled glass of water half full or half empty? It depends. Perspective is a powerful tool for decision-making…
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House of Reps committee investigating spending of N1.017t SWF sits behind closed door
The House of Representatives Ad hoc Committee investigating the utilisation of N1.017 trillion accrued into the Sovereign Wealth Fund on…
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Nigeria’s GDP growth slows to 2.51% in Q2 2023
Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is…
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CBN to JP Morgan: Your $3.7 billion estimate of Nigeria’s FX reserve is misleading
The Central Bank of Nigeria (CBN) has criticized JP Morgan’s recent estimate of Nigeria’s foreign exchange reserves, calling it a…
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Markets reverse as Tinubu reforms lose steams
Nigerian stocks and Eurobonds are now taking a breather from Bola Tinubu’s blistering start to life as President with signs…
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Jumia Records Lowest Losses in 4 Years
The impact of high inflation on Jumia is underscored by the loss of a staggering one million customers in Nigeria…
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