Finance & Economy
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Nigeria’s Real GDP Grew by 4.03% YoY in Q3 2021
Nigeria’s Gross Domestic Product (GDP) grew by 4.03%(year-on-year) in real terms in the third quarter of 2021, showing a sustained…
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FIRSTBANK UNVEILS A FULLY AUTOMATED SELF SERVICE BRANCH
-= First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced the launch of its…
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Five Observations of IMF on Nigeria’s Central Bank Digital Currency
The Central Bank of Nigeria (CBN) officially launched the “eNaira” a central bank digital currency (CBDC) on October 25, 2021.…
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Union Bank: NOT YET OUT OF SLUMBER
At an event held on Saturday, April 1st, 2017, at the Lagos Oriental Hotel, Lekki, Lagos, Union Bank, tagged one…
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2020 IGR Report: Urgent Need to Bolster States’ IGR
The NBS has published its report on internally generated revenue (IGR) at state level for Q4 ’20. According to the…
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N849.12bn Generated as IGR in H1 2021
The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at the State level for Half Year (H1)…
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Difference between a Payment Service Banks (PSB) and Deposit Money Banks (DMBs)
The Central Bank of Nigeria issued an approval in principle to two of the nation’s largest telecommunication firms, MTN Nigeria…
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Private sector borrowing hits N33.8 trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is…
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Nigeria attracts $19.1 billion worth of investments in 9 months of 2021
Nigerian companies attracted investments worth $19.1 billion from local and foreign investors in the first nine months of 2021, surging…
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BOOSTING SMES GROWTH THROUGH FIRSTSME ACCOUNT
First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and…
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