Economy
NLC Suspends Street Protests, Extends Ultimatum Amid Successful Nationwide Action
The Nigeria Labour Congress (NLC) has opted to suspend street protests following a successful two-day demonstration and extended its ultimatum...
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CBN Sells Dollars to BDCs at N1300/$1 As Naira Gains Ground in Parallel Market
In recent developments in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has taken significant steps to address...
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NGX Records Lowest Foreign Participation at 8.5% in January 2024
In January 2024, foreign participation in the Nigerian Exchange Limited (NGX) plummeted to an all-time low of 8.5%, marking a...
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BDC Should Not to Be An All Comers affairs-CBN
In a pivotal Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor Cardoso delivered a resolute message...
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$26 Billion for unidentified source passed through Binance-Cardoso
In a recent Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor, Yemi S, emphasized the need...
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Just In: CBN Push Additional $400 Million to Clear FX Backlog to Stabilize Exchange Rate
In a groundbreaking move aimed at addressing Nigeria's foreign exchange backlog, the Central Bank of Nigeria (CBN) has announced the...
Read moreBreaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty
The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis...
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CBN Debunks Claims of Weekly FX Sales to Bureau De Change Operators
The Central Bank of Nigeria (CBN) has issued a statement refuting recent rumors circulating regarding the resumption of weekly sales...
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NLC Nationwide Protest Against Hardship Begins Despite Government Intervention
Despite efforts by the Federal Government to prevent it, the Nigeria Labour Congress (NLC) has commenced its nationwide protest against...
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Dollar Retreats as Bitcoin Surges, Yen Gains on Inflation Data
On Tuesday, the dollar experienced a decline as investors awaited crucial U.S. economic data that would offer insights into the...
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Popular Story
Nigeria FX reserve surges by 0.08% despite Naira exchange rate stability in the parallel market
Bitcoin Suffers 10% Pull Back On El Salvador’s Debut, Funding Rates Dip
PENCOM Recovers N1.58 Billion from Defaulting Employers, Pushes for Broader Pension Compliance
Naira Faces 40% Depreciation in 2023, According to World Bank Report
CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut
