News
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TCN to Unravel Reasons for Recurrent National Grid Collapse
The Transmission Company of Nigeria (TCN) has hinted the Organization intends to investigate the reasons behind the tripping of the…
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CBN Has Settled $2.3bn Verified FX Backlogs and Will Clear Outstanding $2.2bn Contracts Soon
The Central Bank of Nigeria has settled $2.3 billion foreign exchange contract backlogs, including that of the foreign airline funds…
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Exchange rate closes N1,419.86/$1 at official market as CBN plans ‘FCY Gateway Bank’
The Naira gained against the dollar on Monday, 5th February 2024 at the both official market and the black market. This…
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NGX continues bullish run as ASI hits 104,421.23 points
The NGX continued its bullish run as the All-Share Index appreciated by 1.57%, gaining 1,618.98 to close at 104,421.23 points. …
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2023 National budget foreclosed economic growth and jobs – Presidency
Mr. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, has said that the 2023 national budget…
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CBN stops outbound IMTO transactions, also limits inflow payouts to Naira
The Central Bank of Nigeria (CBN) has restricted the operations of international money transfer operators (IMTOs) to only inbound transfers,…
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Fidelity Bank releases unaudited financial statements for 2023, posts 128% pre-tax profit
Fidelity Bank Plc has released its condensed unaudited financial statements for 2023. The bank posted a profit before tax of N122.15 billion,…
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Access Holdings Board Approves FY 2023 Audited Financial Statements and Payment of Final Dividend; Awaits Regulatory Approval
This is to notify that the Board of Directors of Access Holdings Plc met on Tuesday, January 30, 2024 and…
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Guaranty Trust Holding Company Board Approves FY 2023 Audited Financial Statements; Awaits Regulatory Approval
Pursuant to the post-listing requirements of the Nigerian Exchange Limited for quoted companies, Guaranty Trust Holding Company Plc hereby informs…
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Bank of England Holds Interest Rates at 5.25% Post February 2024 Meeting
Monetary Policy Summary, February 2024 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2%…
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