Latest News
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530Business NewsChallenges Have Been Significant Since Assuming Office –Cardoso
Media Briefing by Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN) Thank you for the opportunity to address you today. It has...
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642OpinionUnfavourable Base to Keep Inflation Red Hot
Domestic Macroeconomy This week, we focus on the March CPI data published by the NBS and IMF’s revised economic outlook for 2024....
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175Economy & MarketEconomic and Market Report: Week Ended 19-04-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
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296Economy & MarketNigeria’s Public Debt hits ₦97tr –Debt Office
Nigeria’s public debt stock as at December 31, 2023 has hit N97.341 trillion (108.229 billion dollars), data released by the Debt Management...
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136Foreign NewsStocks Decline on Mideast Tensions
Global markets were rocked by fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures...
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335Banking & FinanceExchange Commission moves to curb illicit funds in banking recapitalisation
The Securities and Exchange Commission has revealed its stance against the admittance of illicit funds into the capital market through the fresh...
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160Money MarketBears Dominate Again
EQUITIESThe local bourse reversed yesterday’s gain as sustained profit-taking activities in GTCO (-3.9%) caused a 0.1% decline in the NGX ASI to...
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155Industry & MoneyOil Stabilises after Sharp Drop on Demand Concerns
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year...
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210Real EstateFederal Mortgage Bank Commences Recapitalisation Exercise
The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has disclosed that the bank has commenced recapitalisation...
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126Business NewsNaira Defence not Responsible for Drop in FX Reserves – Cardoso
Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, on Wednesday explained the reasons why the country’s foreign exchange reserves dipped in recent...
