• Naira
  • February 13, 2025
  • 2 views
Interbank Rates Diverge Amidst Huge Liquidity Deficit

Interbank Rates Diverge Amidst Huge Liquidity Deficit The short term benchmark interest rates diverged on the back of relatively lower funding demand as banking system faced huge liquidity deficit. Liquidity…

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  • Naira
  • February 13, 2025
  • 1 views
CBN to Raise N600 billion via OMO Bills Subscription

CBN to Raise N600 billion via OMO Bills Subscription The Central Bank of Nigeria (CBN) sets to open OMO bills worth N600 billion for subscription at the primary market auction…

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  • Naira
  • February 13, 2025
  • 2 views
Naira Falls as Foreign Obligations Crack External Reserves

Naira Falls as Foreign Obligations Crack External Reserves The naira depreciated against the US dollar in the foreign exchange amidst declining external reserves.  The Nigerian Foreign Exchange Market (NFEM) experienced…

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  • Naira
  • February 13, 2025
  • 1 views
TEF, Khalifa Bin Zayed Al Nahyan Foundation to Empower Young African Entrepreneurs

TEF, Khalifa Bin Zayed Al Nahyan Foundation to Empower Young African Entrepreneurs The Tony Elumelu Foundation (TEF) has signed a USD$6 million strategic partnership agreement with the UAE Office of…

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  • Naira
  • February 13, 2025
  • 1 views
M&A Possibility Reduces as Nigerian Banks Progress Towards New Capital –Fitch

M&A Possibility Reduces as Nigerian Banks Progress Towards New Capital –Fitch Nigerian banks are making significant progress in raising core capital to meet new paid-in capital requirements and are generally…

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  • Naira
  • February 13, 2025
  • 1 views
Cross Border Trade Will Enhance Economic Growth – Customs

Cross Border Trade Will Enhance Economic Growth – Customs An Assistant Comptroller of the Nigeria Customs Service (NCS), Clement Amaweh, has stressed the importance of promoting Cross Border Trade (CBT)…

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  • Naira
  • February 13, 2025
  • 2 views
Federal Government to Revive Textile Industry- Minister

Federal Government to Revive Textile Industry- Minister The Federal Government has pledged its commitment to revive the textile industry, its value chains, as well as promote made in Nigeria goods.…

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  • Naira
  • February 13, 2025
  • 1 views
Kano Revenue Service Targets N100bn IGR in 2025

Kano Revenue Service Targets N100bn IGR in 2025 The Kano State Revenue Service (KIRS), has set a target to increase the state’s Internally Generated Revenue (IGR) to over N100 billion…

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  • Naira
  • February 13, 2025
  • 1 views
OPEC Downgrades 2025 Forecast for U.S. Oil

OPEC Downgrades 2025 Forecast for U.S. Oil OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day. Now it expects an…

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  • Naira
  • February 13, 2025
  • 1 views
Nigerian Exchange Hits Historic High as Investors Gain N779bn

Nigerian Exchange Hits Historic High as Investors Gain N779bn The Nigerian Exchange, NGX, hit a historic high on Wednesday as equities investors N779 billion gain lifted market capitalisation above N67…

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