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Monday, September 26, 2022
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CATEGORY

Money Market

Fidelity Bank Deepens Exporters’ Capacity 

Leading financial institution -Fidelity Bank Plc has once again demonstrated its devotion to boosting the volume of non-oil exports in the country as it...

Nigeria Can No Longer Depend On Oil Revenue – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has re-emphasised that Nigeria can no longer depend on oil revenue, stressing...

JPMorgan wins $1.7bn lawsuit over Nigerian oilfield transaction

The US bank was accused of being negligent in transferring $875m to an account linked to a Nigerian money launderer and the country’s former...

More Hardship For Nigerians Over Rising Inflation, Power Cut, Fuel, Food Shortage – W/Bank

The World Bank has predicted more hardships for Nigerians and the citizens of Angola over the rising inflation, increased power outages as well as...

Nigeria’s GDP To Surpass 2022 Projections – NBS

The Statistician General and CEO of the National Bureau of Statistics (NBS), Mr Semiu Adeyemi Adeniran, has said the Gross Domestic Product (GDP) will...

CBN raises MPR to 13%

Eleven members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, unanimously raised the Monetary Policy Rate (MPR)...

Why oil rich Nigeria remains poor

By Bayode Ogunmupe  Only recently, Nigeria through the Central Bank of Nigeria (CBN) recorded a huge success at the introduction of eNaira as our digital currency. At...

NNPC remits N511.66bn out of projected N2.09tn to federation account in 10 months

The Nigerian National Petroleum Company (NNPC) Limited remitted N511.66 billion between January and October, 2021 to the federation account, about 25 per cent less...

NNPC Declears N287 Billion Net Profit

The Nigerian National Petroleum Corporation (NNPC) has announced a profit after tax of N287 billion in 2020, as announced by President Muhammadu Buhari. The national...

Oil Industry Priority Projects Funding Deficit Hits $1.54 Trillion in June

Documents provided by the Nigerian National Petroleum Corporation (NNPC) to the Federation Account Allocation Committee (FAAC) revealed that the Nigerian government may have been...

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