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NSE market capitalisation loses N416bn in five days
The market capitalisation of the Nigerian Stock Exchange lost N416 billion in five trading days due to exit of foreign investors…
Presidency confirms receipt of 2018 Budget from National Assembly
The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen. Ita Enang, on Friday confirmed receipt…
Alleged fraud: Court declares Innoson motors chairman wanted
Justice Mojisola Dada of the special offences court sitting in Lagos, on Thursday declared the Chairman of Innoson Motors Nigeria…
Two modular refineries to commence operations next year –FG
The Federal Government on Wednesday announced that two modular refineries in the Niger Delta will commence operations in the…
Forex: CBN injects $210m into market, warns banks against hoarding
…Urges customers to report erring banks
The Central Bank of Nigeria (CBN) has made available 210 million dollars to meet…
South Korea, AfDB sign energy deal worth $600m
The Government of South Korea and the African Development Bank on Tuesday signed a Letter of Intent to launch the Korea-Africa…
Why we did not reduce interest rate – CBN
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its second meeting for the year, expressing…
East African banks took the lead at 2018 African Banker Awards
Winners of the 2018 African Banker Awards have been announced at a prestigious Gala Dinner in Busan, South Korea.
The awards,…
CBN retains monetary policy rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per…
IMF expresses worry over Nigeria’s rising debt profile
The International Monetary Fund, IMF on Monday cautioned the federal government over its rising external debt profile.
The Fund…