News
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N5.5 billion Debt: Supreme Court Affirms Honeywell’s Indebtedness to Ecobank
Ecobank scored a major victory at the Supreme Court on Friday as it won in a N5.5 billion debt dispute…
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UBA Appoints Abiola Bawuah as First Female CEO for Africa Operations
The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs…
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CBN Extends Deadline for the Collection of Old Naira Notes Till Feb 10th and Deposit Till Feb 17th 2023
Press Release 1. Good afternoon, ladies and Gentlemen. Like you can see, I’ve just ended a meeting with Mr. President.…
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Access Holding Plc: An imminent share price surge is inevitable
Access Holding Plc’s share price has been lagging behind its earnings and seems not to reflect its market valuation. While…
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Why CBN’s 17.5% interest rate hike is bad for Nigeria’s stock market
Market operators have said that the latest hawkish stance of the Central Bank of Nigeria (CBN) to further increase the interest…
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NGX launches USSD integrated payment system
The Nigerian Exchange Limited said it will launch an unstructured supplementary service data to unlock Africa’s capital markets payment system…
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CBN Unveils National Domestic Card Scheme
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Thursday launched the Nigerian National Domestic Card scheme…
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MPC Goes Hawkish , Raises MPR by 100bpts to 17.5%
“Blessed are the young for they shall inherit the National Debt” – Herbert Hoover The MPC met yesterday to decide…
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Investors Gain N83.51bn as NGXASI Inches up by 0.29%; Overnight Rate Advances to 10.83%; BDC Rate Depreciates to N755
EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed positive as the key market indicator advanced by 151.31 bps amid positive…
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NASS Revisits Section 38 of the CBN Act, as Economists Flinch at Debt Securitization
Economists in the last few days have represented that the shortest distance between the government and the governed is integrity.…
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