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U.S. Says Nigeria’s Monetary Policies Laudable, Strengthen Economic Growth The United States government has lauded Nigeria’s monetary policies, being conducive for businesses to thrive, as well as strengthening and positioning…
AFC Leads Commercial Funding for €381m Angola’s Project Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering,…
AfDB Urges Media Transformation to Uplift Africa’s Global Narrative The African Development Bank (AfDB) says a more balanced media coverage of Africa and its development is critical for changing false…
Yield Jumps as Investors Trim Interest in Nigeria Bonds Market Prices of Nigerian government bonds declined as fixed interest securities investors reduced their holdings of naira assets in the secondary…
CBN Misinterprets Cyber Security Provisions – Falana Senior lawyer Femi Falana, SAN, has said that the recently imposed 0.5 per cent cybersecurity levy is not meant for individuals. Falana made…
Export: Banks Update Rates for Certificate of Origin Deposit money banks in Nigeria have updated rates for the issuance of certificate of origin, an international trade document that certifies that…
Naira Loses Steam over Pressing FX Illiquidity With sustained negative swings, the Nigerian naira plunged further in the foreign exchange market as demand for US dollars and other foreign currencies…
Rank City Billionaires Rank Change YoY 1 ???????? New York 119 +1 2 ???????? London 97 +3 3 ???????? Mumbai 92 +4 4 ???????? Beijing 91 -3 5 ???????? Shanghai…
NGX Rebounds as Investors Take Position in GTCO, Transcorp Equities market capitalisation of the Nigerian Exchange (NGX) jumped by about N18 billion on Thursday as investors took positions in GTCO,…
Oil Rises over Demand Expectations in US, China Oil prices increased on Thursday, aided by data showing elevated demand appetite in the US and China, the world’s biggest oil consumers.…