Posts By FinIntell
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173Banking & FinanceCBN Caps BDC FX Purchase at $25,000 Weekly via Single Dealer Bank
The Central Bank of Nigeria (CBN) has introduced new guidelines that permit Bureau de Change (BDC) operators to purchase up to $25,000...
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162Banking & FinanceFG Seeks Fresh $580m W’Bank Loans
The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in March...
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144Economy & MarketOil Operators’ Indebtedness to FG Hits $6.1b –NEITI
The Nigeria Extractive Industries Transparency Initiative has disclosed that as of August 2024, operators in the oil and gas sector are collectively...
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148Business NewsPETROAN Backs Ban on Exportation of Crude Oil Allocated to Local Refineries
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the federal government for banning the exportation of crude oil...
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163Local News‘Nigeria Must Utilise Public Debt for Infrastructure Devt’
Vice President Kashim Shettima has declared that Nigeria must continue to use public debt as a vehicle for the development of critical...
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144Foreign NewsOil Little Changed as Trump Policies Continue to Weigh on Prices
Oil prices edged up in Asian trading on Thursday after Saudi Arabia’s state oil company sharply raised March oil prices, but the...
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140Stock MarketChina Leads Asian Stocks Higher as Yen Trims Gain
Asian equities climbed to their highest level in seven weeks after stocks and bonds rose on Wall Street in a week marred...
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236Industry & MoneyCrude Production Cost Rises to $40/Barrel –Report
Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission...
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140Banking & FinanceFG Targets External Borrowing Reduction
The federal government has reaffirmed its commitment to reducing reliance on external debt financing and promoting private sector-driven economic growth as part...
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122Economy & MarketMPC Pushes for Mild Hikes, Liquidity Management Ahead of Meeting
Ahead of the upcoming Monetary Policy Committee (MPC) meeting scheduled for February 17-18, 2025, its members are advocating for mild interest rate...
