Economy
Nigeria’s April Inflation Rate Increases To 33.69%, May Trigger Marginal Rate Hike By MPC
*.US Rate Also Surges Nigeria’s inflation rate has increased again to 33.69% for the fourth time in...
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Cardoso Identifies Govt Purchases For Palliatives, Structure Of Commodity Markets As Contributors To Food Inflation
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has identified the huge purchases of food items...
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Philippines SEC Takes Action On Binance As Nigeria Dithers
As Nigeria continues to delay action on Binance,the biggest crypto exchange in the world, the Philippines has become...
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Amid Naira Losing Steam, CBN Sells Fresh Dollars To BDCs At N1,021/$
The local currency, Naira, described as a best performing currency recently is losing its steam in the official and...
Read moreDetails‘1% interest rate’ — Nigeria Secures $2.25bn World Bank Loan
Wale Edun, minister of finance and coordinating minister of the economy, says the country has qualified for a...
Read moreDetailsNigeria’s Inflation Hits 29-Yr High Of 33.2% Despite Naira Appreciation
Nigeria’s inflation has risen to a new 29-year high of 33.2 per cent in March 2024 from the...
Read moreDetailsCBN Sells $15.9Mn To BDCs In Defense Of Naira
At least $15,880,000 was sold by the Central Bank of Nigeria (CBN) to over 1, 588 Bureau De Change (BDC)...
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CBN Moves To Boost FX Liquidity Gives Banks Three-Month Deadline On Forex-Backed Loans
For the Central Bank of Nigeria (CBN) its desire to enhance FX liquidity knows no bounds as...
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Nigerian Economy Recorded Over $1.5bn Inflow This Month – CBN
The Nigerian economy had an inflow of over $1.5bn in the past few days. This, according to the...
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US Revises Q4 GDP Growth Higher
Economic growth in the United States for the fourth quarter last year was revised up unexpectedly, government data...
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