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T-Bills Yield Declines after Unmet Bids at CBN Auction As investors took lost bids to secondary market, the average yield on Nigerian Treasury bills declined moderately to 18.7% following Central…
Bitcoin Drops by 10% to $67K as Crypto Rallies Retrace The market prices of largest digital asset bitcoin and other cryptocurrencies fell on Friday in what looked like a short-term…
FG Releases N100bn Consumer Credit Fund to Manufacturers The Federal Government (FG) says it will provide the sum of N100 billion through a consumer credit fund to support the manufacturing…
Banks Must Not Use FX Gains to Pay Dividends – CBN The Central Bank of Nigeria (CBN) has maintained its position that deposit money banks must not use foreign currency…
Nigeria Generates N1.20trn as VAT Income in Q4 2023 The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023. This…
FG Uses Alternative Energy Sources to Address Power Deficit The Minister of Power, Mr Adebayo Adelabu says the Federal Government is addressing power deficit by using alternative energy sources such…
Heirs Technologies Names Obong Idiong CEO Heirs Technologies Limited has announced the appointment of Obong Idiong as its Chief Executive Officer. The company said Idiong brings considerable experience in the…
LCCI Backs Lawmakers’ Call on Failed Transaction Reversals The Lagos Chamber of Commerce and Industry (LCCI) has supported the House of Representatives’ call on CBN to direct banks to upgrade…
Aig-Imoukhuede Returns to Access Holdings as Chairman Access Holdings Plc has announced the return of Access Bank’s pioneer Group Chief Executive Officer (Group CEO), Mr Aigboje Aig-Imoukhuede, as its Non-Executive…
Reps to Interface with Dangote, BUA on Cement Price The House of Representatives has resolved to invite the management of the Dangote BUA and other cement manufacturers to interface over…