News
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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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FG to generate N160bn from call, data taxes
The Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications…
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CBN ‘Ways and Means’ debt from the FG Hit N20 trillion as of June 2022
The Central Bank of Nigeria has extended a total sum of N19.9 trillion circa (N20 trillion) in loans to the…
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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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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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GCR Affirms NOVA Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG); Outlook Stable.
Global Credit Rating has affirmed NOVA Merchant Bank Limited’s national scale long and short-term ratings of BBB(NG) and A3(NG) respectively,…
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Oil theft crippling Nigeria’s economy ,High Profile Nigerians Behind the Crime
The Shell Petroleum Development Company (SPDC) has expressed worries about the adverse effect of illegal oil bunkering on Nigeria’s economy.…
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