Economy
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World Bank reveals solution to economic growth in Nigeria, other West African countries
The World Bank has told Nigeria and other West African countries to imbibe a more stable macroeconomic environment and accommodative…
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Recapitalisation: CBN gives reason for exclusion of banks’ retained earnings
The Central Bank of Nigeria, CBN, has reiterated that it excluded banks’ retained earnings to meet its newly announced minimum…
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Nigeria, other African countries’ economies to grow by 3.4% – World Bank
The World Bank has projected increased growth in Nigeria and other African economies to 3.4 per cent in 2024 and…
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Private sector biggest driver of Nigeria’s economy – Tinubu
President Bola Tinubu has the private sector is the biggest driver of Nigeria’s economy. The President disclosed this during Iftar…
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Banks are in good stead to meet CBN’s recapitalisation target – ACAMB
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the…
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Fuel subsidy removal reason for Nigeria’s soaring inflation – Study
A study has shown that fuel subsidy removal, not the surge in money supply, is the major driver of Nigeria’s…
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Recapitalization: Jobs losses loom as Nigerian banks battle to escape extinction
There is panic in the Nigerian financial sector over massive job losses as banks battle to meet the recently announced…
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Q1 2024: NGX records 39.8% gains, becomes second best-performing stock in Africa
The Nigerian stock market gained 39.8 per in the first quarter of 2024, becoming the second best-performing stock amid economic…
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Speculators in Binance wishing Naira falls to N2,500 against USD – Onanuga
Amid the continued appreciation of the Naira in the foreign exchange market, President Bola Ahmed Tinubu’s Special Adviser on Information…
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CBN Governor Cardoso explains position on Binance
The Governor of the Central Bank, Olayemi Cardoso, has explained that the apex bank has continued to share information on…
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