Finance
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FG Exits Ways And Means Borrowing Mechanism
The Federal Government has announced its exit from the Ways and Means borrowing mechanism. This is even as it disclosed…
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MPC: Adjusting Asymmetric Corridor Will Jerk Up Cost Of Credit In Banks -Uwaleke
Renowned Professor of Finance and Capital Market at the Nasarawa State University, Uche Uwaleke has expressed concern over the decision…
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CBN Raises Benchmark Interest Rate By 500 Basis Points
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 500 basis points from 26.25% held…
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CBN Issues Fresh Guidelines On Unclaimed Balances, Financial Assets In Banks
The Central Bank of Nigeria (CBN) has issued revised Guidelines on the Management of Dormant Accounts, Unclaimed Balances and Other…
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FX Liquidity: CBN Sells $106.5m To 29 Authorized Dealers
In an effort to ensure liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has sold a…
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CBN Approves Sale Of FX To BDC At N1,450/$
The Central Bank of Nigeria (CBN) has approved the sale of Foreign Exchange (FX) to eligible Bureau De Change (BOCs)…
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Access Bank Joins NGX To Launch Impact Board
Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian…
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We’re N1.3Bn Away From Meeting CBN Recapitalisation Target -Jaiz Bank MD
The Managing Director of Jaiz Bank, Haruna Musa has disclosed that the bank is N1.3 billion away from meeting the…
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Access Bank Raises N442Bn Capital Through Syndicated Tier II Facility
Access Bank has signed a monumental syndicate Tier II Facility agreement of USD295 million (N442,500,000,000) to foster economic growth. The…
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FG, States, LGCs Share N1.3Trn FAAC Revenue For June 2024
A total sum of N1.354 trillion June 2024 Federation Accounts Revenue has been shared to the Federal Government, States and…
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