Finance & Economy
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Nigeria’s Bond Market Turns Bullish in H1 2023 as Fiscal Reforms Attract Investors.
The economic reform by the new administration aided the bond market performance in H1 2023. The domestic bond market started…
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Nigerian equities lose N671 billion following previous upswing
The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the…
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FIRSTBANK INTRODUCES THE FIRST HUMANOID ROBOT
FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) BranchThe robot…
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Nigeria’s external reserve fall by $2.9 billion in H1 2023, the most in 6 years
Nigeria’s external reserve has fallen by about $2.8 billion in the first half of 2023 as Nigeria continues to struggle…
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Naira Devaluation Inspires Calls for Bank Recapitalisation
Stakeholders have taken a side glance at bank capital as the recent naira harmonization of official exchange rates has led…
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NPLR and CAR: Checking the Health of the Banking System
Non-Performing Loans The idea of maintaining a stable financial system is to ensure that credit performance is at a level…
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CBN makes Social Media Handle mandatory KYC requirements for bank customers
The Central Bank of Nigeria (CBN) has released its Customer Due Diligence Regulations 2023 or financial institutions under its regulatory…
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Fuel subsidy removal , unified exchange rate will sustain a more competitive economy – Tinubu
President Bola Ahmed Tinubu has expressed his commitment to sustaining the removal of fuel subsidy and the unification of Nigeria’s…
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World Bank Urges FG to Customize Reforms and Social Protection Initiatives
The World Bank has advised Nigerian policymakers to move away from relying solely on national averages when formulating social protection…
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GTB doubles salaries of junior staff to cushion subsidy removal
GT Bank has increased salaries for its junior and contract staff in response to the rising cost of living. Some…
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