Finance & Economy
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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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FBNH Shareholders Assent to Capital Raise
Following the conclusion of the share capital raise of Fidelity Bank through a Private Placement of 3.04bn ordinary shares of…
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PenCom to RSA holders: take advantageof Non-Interest Fund VI
The National Pension Commission (PenCom) has urged Retirement Savings Account (RSA) holders to take advantage of the benefits of the…
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Banks struggle to meet demand for PTA, BTA ahead of impending Naira crash
Nigeria’s lingering foreign exchange (FX) scarcity is currently keeping Deposit Money Banks (DMBs) resources grossly overstretched as they struggle to…
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Food inflation: How Nigeria can use technology to address food waste -Tunde Kara
The Nigerian Government is urged to enhance storage and transport infrastructure, collaborate with food-tech firms to drive evidence-based policy choices…
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