The Central Bank of Nigeria (CBN), in its last intervention for the week, has injected the total sum of $349.34 million in the Retail Secondary Market Intervention Sales (SMIS) segment…
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Category: Economy
Reps to pass 2018 budget on Tuesday
The House of Representatives said it will pass the 2018 Appropriation Bill next Tuesday. The Chairman of the House Committee on Media and Public Affairs, Abdulrazak Namdas, disclosed this in…
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CBN signs $2.5bn swap deal with China
The central bank of Nigeria (CBN) has signed a bilateral currency swap agreement with the Peoples Bank of China, (PBoC). The agreement signed by Godwin Emefiele, the CBN governor,…
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Cherie Blair joins Dangote Group, Alake now GMD
Africa’s foremost indigenous conglomerate, Dangote Industries Limited (DIL) today announced new appointments, with Olakunle Alake, the erstwhile Chief Operating Officer (COO) now the Group Managing Director and Cherie Blair, wife…
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Govt securities, corporate business lift Zenith Bank revenue in Q1 2018 as PBT increases 22%
Alabingo Finance Report | Interest earned from government securities and placement with banks and discount houses were crucial to the improved revenue Zenith Bank recorded in the first quarter of 2018.…
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