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Gold Surges Past $4,830 as Geopolitical Easing and Fed Tensions Fuel Safe-Haven Demand
Gold prices have roared back to fresh highs, trading around $4,830 per ounce after a volatile week, as investors continued...
CBN Survey Shows Improved Credit Access in Q4 2025 Amid Rising Loan Defaults
Nigeria’s banking sector expanded credit availability to households and businesses in the fourth quarter of 2025, but lenders faced mounting...
Commercial and Merchant Banks’ Loans Fall to N52.66 Trillion in June 2025, Lowest in 14 Months
Loans extended by Nigeria’s commercial and merchant banks dropped to N52.656 trillion in June 2025, the lowest level recorded in...
CBN Confirms 20 Banks Meet New Recapitalisation Requirements as March Deadline Looms
The Central Bank of Nigeria (CBN) has announced that 20 deposit money banks (DMBs) have fully complied with the new...
Naira Slips to N1,490/$ in Parallel Market as Official-Parallel Gap Widens to 11-Month High
The naira came under renewed pressure in the informal foreign exchange market over the past week, depreciating to N1,490 per...
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Gold Surges Past $4,830 as Geopolitical Easing and Fed Tensions Fuel Safe-Haven Demand
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