All posts tagged "Featured"
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125Business NewsFG’s deficit spending rises 52% to ₦12.86tr
The Federal Government recorded a 52.9 per cent, year-on-year (YoY) increase in deficit spending to N12.86 trillion in 2023 from N8.41 trillion...
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98Industry & MoneyNigeria Eyes $10b Investment in Oil and Gas
An initiative to incentivise investors in the oil and gas segment of the nation’s economy aimed at attracting $10billion investment, was yesterday...
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470Telecoms & ITArtificial Intelligence will not Replace Site Selectors, for now
Artificial intelligence (AI) is already having an impact on corporate decision-making. Tech companies, for example, have sacked more than 50,000 people so...
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162Banking & FinanceNigeria Secures $2.25b World Bank Credit
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said the federal government had secured a $2.25 billion single-interest loan...
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568Business 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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687OpinionUnfavourable 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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375Economy & 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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364Banking & 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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183Industry & Money
Oil 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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152Business 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...
