News
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Fresh Troubles rock First Bank’s board
There is no respite yet in First Bank of Nigeria as another round of squabbles is currently rocking its board…
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Public Debt: Nigeria’s largest creditors as of December 2023
According to data from the Debt Management Office (DMO), the total public debt in Nigeria is an estimated N97.34 trillion…
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NERC increases electricity tariffs for Band A customers to N225/KWh
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), has approved a hike in the electricity rates for consumers…
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NEWSLEADER EDITOR-IN-CHIEF LOSES MOTHER-IN-LAW
Publisher/Editor-in-Chief of NIGERIAN NEWSLEADER Newspaper, Mr Celestine Okafor, has lost his mother-in-law, Mrs Evelyn Happiness Okwosha-Nwabiani. Mrs Nwabiani passed on…
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Analysts Speak on How MPC Decisions Will Shape Nigeria’s Financial Markets in Q2,2024
Nigeria’s first quarter 2024 was marked by significant macroeconomic developments. Headline inflation rose to 31.70%, as food inflation climbed to…
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Tight monetary policy worsening manufacturers’ competitiveness — MAN
THE Manufacturers Association of Nigeria (MAN) has cried out that the continuous adoption of tight monetary policy by the Central Bank…
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Access Holdings Plans $1.5bn Capital Raising Programme, Targets N365bn Rights Issue
Access Holdings Plc has unveiled plans to establish a Capital Raising Programme of up to US$1.5bn. The Programme aims to…
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CBN Announces New Minimum Capital Requirements for Banks in Nigeria
Days after urging Nigerian banks to hasten the recapitalisation of their equity base, the Central Bank of Nigeria (CBN) announced…
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With Dangote Refinery, Diesel Prices Will Fall Below N1,000 By May — Rewane
“Fiscal measures will complement monetary control tools and diesel prices will fall further below 1000 naira, thanks to Dangote,” he…
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Naira gains whopping 21.8% against dollar in March 2024, best in 5 years
The Nigerian Naira appreciated significantly against the US dollar throughout March 2024, marking a major turnaround for Nigeria’s exchange rate…
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