All posts tagged "Featured"
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1.2KEconomy & MarketInflation to Remain Elevated on Naira Depreciation
According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose by 49bps to 33.69% y/y in April (March: +33.20% y/y),...
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121Real EstateFG Targets Special Funding to Develop Housing Infrastructural
The Federal Government will continue to prioritise infrastructural needs for future development and improved living standard of the citizens, Minister of Finance and Coordinating...
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195Business NewsFG Lost ₦2.09b to Online Fraudsters in Q4 2023 –FITC
Following the loss of N2.09 billion in the fourth quarter of 2023 through fraudulent online activities and the increasing rate of crimes across the country,...
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86Banking & FinanceCBN Determined to Tame Soaring Inflation –Cardoso
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated that the apex bank could raise interest rates in its bid to...
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88Banking & FinanceOnly 25% of Bank Deposits Insured –NDIC Boss
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, has revealed that only 25 per cent of the...
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84Industry & MoneyNUPRC Begins Bidding Round for 12 Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently listed for sale....
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264Industry & MoneyManufacturing Export Limps as Revenue Drops 166% to ₦778b
Nigeria’s quest for diversified foreign exchange earnings away from oil not feasible for now as revenue from the manufacturing export sector plunged...
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698Professional ServiceAudit of Extractive Companies to Enable Transparency –NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the ongoing nationwide audit of oil, gas and mining companies is targeted...
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109Banking & FinanceCentral Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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127Business NewsDebt Service Gulps 70% of Dollar Outflow in Q1
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the...
