Finance
Nigeria’s FX Reserves Decline as Naira Appreciates Amid Reduced Turnover
Last Week, Nigeria's foreign exchange (FX) reserves experienced a decrease of USD317.95 million week-on-week, reaching USD33.51 billion as of April...
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CBN Policies: Nigeria’s Private Sector Credit Surges by 93.7% Year-on-Year
According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) surged by 93.7% year-on-year to NGN80.86...
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CBN Governor Affirms Monitoring of New Forex Market Players in Dairy Industry
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has declared that the apex bank will take necessary...
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CBN Urges Banks to Hasten Recapitalization Efforts Amid Interest Rate Hike
In a bid to strengthen the financial sector and guard against potential risks, the Central Bank of Nigeria (CBN) has...
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CBN Slashes Exchange Rate as Dollar Sale Commences
In a significant move aimed at stabilizing the forex market, the Central Bank of Nigeria (CBN) has announced a reduction...
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CBN Raises Interest Rates Amid Inflationary Pressure
In its latest decision, the Monetary Policy Committee (MPC) has opted for a significant 200 basis points hike in the...
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NGX RegCo and FRCN Unveil Roadmap for Sustainability Financial Reporting Standard Adoption
In a joint effort aimed at advancing sustainable business practices, the Nigerian Exchange Regulation Limited (NGX RegCo) and the Financial...
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VAT Collections Soar in Q4-23, Hit NGN1.20 Trillion: NBS Report
The National Bureau of Statistics (NBS) has reported a significant surge in Value Added Tax (VAT) collections in the fourth...
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Nigeria’s FX Reserves Pause Growth, Naira Appreciates
Nigeria's foreign exchange (FX) reserves halted their five-week accretion trend as the gross reserves level decreased by USD96.41 million week-on-week...
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Global Money Week: CBN, NGX, Partners Boost Students’ Financial Literacy
Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial...
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