Ebun Francis || Nigeria’s economy consolidated exit from from recession as Q3 2017 GDP grew by 1.40 percent compared to 0.71% in Q2, according to data released by National Bureau…
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Category: Business
13 Fidelity Bank customers win N15m cash prizes
Thirteen customers of Fidelity Bank Plc on Thursday won N15 million in its “Get Alert in Million’’ Promo Reloaded. The News Agency of Nigeria (NAN) reports that 11 lucky bank…
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Securities, term loans lift UBA performance in Q3
Alabingo Finance Report || The United Bank for Africa (UBA) took advantage income from foreign exchange trading and term loans to corporate organizations to post a double digit profit-after-tax (PAT)…
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Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt
Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…
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Naira Remains Strong as CBN Pumps in $195m
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…
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