Finance
Naira loses 10.6% of its value annually, says IMF
The International Monetary Fund says the long-term rate of the depreciation of the naira equates to a loss of 10.6...
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E-valuation policy: Reps clash over warrant of arrest on Emefiele
Members of the House of Representatives’ Joint Committees on Customs & Excise; and Banking & Currency on Tuesday clashed over...
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CSCS’ Chief Executive, Jalo-Waziri, elected Vice President of AMEDA
In strengthening its governance and execution of strategic objectives, the regional association of global Central Securities Depositories (CSDs), Africa and...
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NGX Inducts 117 New Authorized Dealing Clerks
Sponsored Nigerian Exchange Limited (“NGX” or “The Exchange”) inducted a total of 117 Authorised Dealing Clerks from 63 Trading License...
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Naira hits four-month low as CBN decries unbearable currency abuse
The naira yesterday dropped to a four-month low against the dollar, trading at N575 per dollar at the parallel market....
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DMO to auction N150bn FG bonds to investors Wednesday
Barring any last-minute change, the Debt Management Office (DMO) will tomorrow auction N150 billion Federal Government bonds to investors. DMO...
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FMDQ Exchange Admits the NOVA Merchant Bank Commercial Paper Programme on its Platform
Sponsored FMDQ Exchange Admits the NOVA Merchant Bank Commercial Paper Programme on its Platform Coming shortly on the heels of...
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Foreign Direct investment: Nigeria must out-compete China, India, Vietnam, others -Chukwu
Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, has noted that if Nigeria is determined to attract Foreign Direct...
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2023 elections will increase foreign portfolio outflows
The Managing Director, Morgan Capital Securities Limited and an economic analyst, Mr Rotimi Olubi, has said that electioneering for 2023...
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Emefiele: Pan-African Settlement Platform Will Reduce Dollar, Other FX Usage in Africa
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said the newly launched Pan-African Payment and...
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