Naira Depreciates by 8.97% Despite Afreximbank’s $2.25 Billion Injection
In a tumultuous start to the New Year, the Nigerian naira experienced a sharp decline, tumbling by 8.97% against the...
Nigeria FX Saga- Navigating Naira Valuation Paradox
Source: RateCaptain The considerable depreciation of the Nigerian naira is intricately tied to a series of global economic shocks, most...
CBN recovers N264.04 billion from borrowers in H1, 2023
The Central Bank of Nigeria (CBN) has disclosed that it successfully recovered N264.04 billion from borrowers participating in its development...
FCCPC Fines British American Tobacco $110 Million for Anti-Competitive Conduct
In a recent revelation by Babatunde Irukera, the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection...
Naira Strengthens to N873/$ Following Public Holidays
After a two-day public holiday hiatus, the Nigerian Naira showcased signs of strength against the US Dollar, closing at N872.59/$1...
Nigerian Companies Enter Q4 with Record N2.3 Trillion Cash Reserve
As the final quarter of 2023 unfolds, Nigerian companies are showcasing unprecedented financial resilience, boasting a collective cash reserve of...
Nigerian Banking Stocks Maintain Positive Momentum Despite N139bn Market Dip
In the aftermath of the Christmas holiday, the Nigerian Exchange Limited experienced a dip of N139 billion, with banking stocks...
Navigating the Economic Odyssey: Nigeria’s 2023 Journey Unveiled
In a rollercoaster ride through economic highs and lows, Nigeria's economic landscape in 2023 has become a captivating saga of...
Libya’s Stock Market Resumes Trading After More than Nine-Years of Closure
Libya's Stock Market officially reopened on Monday at a hall in the capital, Tripoli, after a prolonged closure spanning more...
Gold prices cross $2,060 as soft inflation heralds 2024 rate cuts
Gold prices experienced a notable surge in low-volume Asian trade on Tuesday, breaking out of the trading range that persisted...
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Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
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Naira Weakness Pushes Foreign Currency Taxes to N6.33 Trillion in 2025
