News
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Nigeria’s Headline Inflation Increased to 34.19% YoY in June 2024
Nigeria’s headline inflation in June 2024 increased to 34.19% relative to the May 2024 headline inflation rate of 33.95%, according…
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Investors Gained N167.10bn as NGXASI Advanced by 0.30%; BDC Rate Depreciated to N1,558/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market kick off the trading week on a positive note, extending Friday’s…
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Court orders Lai Mohammed to disclose details of FG, X agreement
The Federal High Court sitting in Lagos State has ordered a former Minister of Information and Culture, Alhaji Lai Mohammed,…
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Zenith Bank: As Adaora Umeoji Rallies Capital Market Stakeholders
Zenith Bank Plc, Nigeria’s leading financial institution, gathered capital market operators and investors two days ago to showcase the bank’s…
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Naira depreciation escalates manufactured goods imports 139% to N5.74trn
•MAN blames it on the competitive disadvantage of local industries The importation of manufactured goods into Nigeria surged astronomically by…
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NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited…
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Market | Market Updates
What to Expect from the Markets this Week – Economy Foreign Reserve Rises to $35.09bn in July 2024 Data…
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N27trn Ways and Means still a major challenge – Cardoso
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, yesterday lamented that the country is currently suffering the consequences of…
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UK court dismisses P&ID appeal, upholds £43m award in favour of Nigeria
A court of appeal in the United Kingdom (UK) has dismissed the appeal of Process & Industrial Development (P&ID) on…
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NDIC urges more collaboration against insider abuses, financial malpractices
The Nigeria Deposit Insurance Corporation, NDIC, yesterday called for more collaboration with enforcement agencies to tackle the menace of insider abuses…
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