As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank…
Read More CBN injects $210m into Forex market
Category: Business
Nigerian economy consolidates exit from recession
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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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…
Read More Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt