Finance & Economy
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Nigeria is in a Challenging and Deteriorating Economic Situation
Nigeria’s economic performance has weakened since the previous Nigeria Development Update (NDU) was published in June 2022 under the title…
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Nigeria’s Total Debt Stocks Rose to N44.06trn in Q3 2022
Nigeria’s Total Debt Stocks Rose to N44.06trn in Q3 2022 According to DMO, Nigeria’s total debt stock has increased to…
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CBN Publishes H1 2022 Financial Stability Report
Executive Summary The Russia-Ukraine crisis and the resurgence of Covid-19 in China disrupted the global supply chains, heightened commodity prices,…
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CBN: Our agric interventions saved Nigeria from famine, food crisis
The Central Bank of Nigeria (CBN) says its various development finance interventions have boosted food security in Nigeria. Yusuf Yila,…
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GTCO’s Stock Price Regains Northward Momentum
Though still grappling with the challenge of competing in a harsh environment, GTCO is currently taming the southward movement of…
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Debt servicing to gulp 123% of 2023 revenue
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023.…
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Africa Finance Corporation Diversifies Shareholders with Equity from Côte d’Ivoire, Mauritius and AfricaRe
This fresh capital injection demonstrates how governments, pension funds and insurers are stepping up investment in Africa Africa Finance Corporation…
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Investors Gain N9.34bn as NGXASI Advances by 0.04%; Overnight Rate Expands to 16.25%; BDC Closes at 745
1. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed positive as the key market indicator advanced by 17.15 bps amid negative…
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Seamless data’ll improve access to financial services –Joda, ACCION MFB boss
Recent advances in computing and telecommunications technology are dramatically transforming the global landscape by changing the way the financial industry…
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Export repatriations: DMBs to grant N500bn in loans to export companies –CBN
•Says rehabilitation of Arts theatre costs $200m To further stimulate export financing and also encourage export of goods out of…
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