Finance & Economy
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Investors Lose N614.35bn as NGXASI Dips by 2.26%; Debt Market Size Declines by 0.10% to Close at N29.13trn; IEFX Rate Appreciates to N428.75
Nigerian Equities Market dipped further to maintain negative as sell pressure persists while key market indicator closed below 50,000 psychological…
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NCC Remits N463bn To Federal Govt In 7 Years
The Nigerian Communications Commission (NCC) said has remitted N463 billion to the Consolidated Revenue Fund from 2015 to April 2022…
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Nigeria’s Broadband Penetration Hits 44.5% in July, says Danbatta
Nigeria’s broadband usage has continued on the rise, moving up from 40.9% in February 2022 to 44.5% in July 2022,…
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Bank of England Increased Rate to 1.75% in August 2022, Up by 0.50%
Monetary Policy Summary, August 2022 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2%…
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W’Bank commits $8.5bn to Nigeria, faults N6.7tn subsidy
The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this…
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FIRSTMONIE AGENTS TRANSACT OVER 1 BILLION TRANSACTIONS, REINFORCES FIRSTBANK’S FINANCIAL INCLUSION
The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country The Bank currently has over 180,000…
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Investors Lose N6.83bn as NGXASI Dips Marginally by 0.03%
Nigerian Equities Market dipped further marginally to close in the negative territory as the bears continue to dominate trading activities…
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NIGERIAN ECONOMY UNDER SERIOUS THREAT
Deficit on the Services Account in Q1 2022 The Nigerian economy is seriously under threat with consistent dwindling of its…
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Equity market in N17 billion loss
Trading activities on the floor of the Nigerian Exchange Limited (NGX) closed on a negative note to upturn the previous…
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NNPC remits $2.7bn to CBN in six months
The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts with the Central Bank of Nigeria…
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