All posts tagged "Featured"
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63Economy & MarketNigeria’s Trade Surplus Hits ₦6.9tr in Q2 –NBS
Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased...
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213Money MarketFederal Govt Dollar Bond Attracts $900m Subscription
Nigeria’s maiden foreign-currency domestic bond recorded a subscription of $900 million, overshooting the initial offer size of $500 million. The Minister of...
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147Economy & MarketFinancial Sector Grew by 30% –FG
The Federal Government has said that Nigeria’s financial sector grew by over 30 per cent in the first half of 2024. The...
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232Local NewsWhy Sabotage Persists in the Power Sector –Reps Panel
The House of Representatives Committee on Safety Standards and Regulations has identified the lack of enforcement of rules and regulations by regulatory...
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90Banking & FinanceNaira Weakens to ₦1637/$
The Nigerian naira has lost further ground against the United States dollar, with the exchange rate hitting N1637.59 at the close of...
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131Economy & MarketFAAC Allocations rise 149% to ₦13.7tr in 7 months
The Federation Account Allocations Committee (FAAC) disbursements to the Federal Government (FG), 36 states and 774 local governments (LG) rose by 149.4...
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814Telecoms & ITNCC Unveils Device Management System to Protect Mobile Phone Users
The Nigerian Communications Commission has announced the introduction of a Device Management System (DMS) aimed at bolstering security and protecting consumers in...
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58Industry & MoneyCompany Income Tax Soars to ₦2.47tr in 3 Months
Company Income Tax (CIT) for the second quarter of 2024 increased to N2.47tr, a report by the National Bureau of Statistics has...
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148Banking & FinanceGovt Imposes Electronic Levy on Opay, Moniepoint Users, Others
Customers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Money Transfer Levy...
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144Banking & Finance
CBN Boosts Forex Liquidity, Sells Dollars to BDCs at ₦1,580
Central Bank of Nigeria (CBN) has increased liquidity in the foreign exchange market by selling US dollars to Bureau De Change (BDC)...
