Business
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S&P raises Nigeria’s credit rating on stronger economy
S&P Global Ratings Upgrades Nigeria’s Credit Rating Amid Economic Improvements By Babajide Komolafe Nigeria’s sovereign credit rating was upgraded Thursday…
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Equities market loses N1.23trn as profit-taking persists
Equities Market Declines by N1.23 Trillion Amid Profit-Taking The equities market continued its downward trend on Friday, decreasing by N1.226…
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Post-recapitalisation: CBN tightens grip on governance
30 Banks Meet CBN Recapitalization Standards Ahead of Deadline By Emeka Anaeto, Business Editor The Central Bank of Nigeria (CBN)…
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CBN launches FX manual, grants extractive firms full proceeds access
Central Bank of Nigeria Unveils New Foreign Exchange Manual By Emma Ujah, Abuja Bureau Chief ABUJA — The Central Bank…
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FMDA forecasts 16.42% April inflation rate amid fuel, food prices surge
FMDA Projects April Inflation Rate of 16.42% Amid Rising Fuel and Food Prices By Yinka Kolawole The Financial Market Dealers…
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Ecobank Group commits $3bn for intra African global trade
Ecobank Group Commits $3 Billion to Boost Intra-African Trade Nairobi, Kenya — Ecobank Group has announced a significant $3 billion…
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Chinese tech giant Alibaba posts profit drop amid AI drive
Alibaba Reports Decline in Net Profit Amid Increased AI Investments HONG KONG — Chinese tech giant Alibaba announced Wednesday that…
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New Tax Acts about building trust, not just raising revenue — Oyedele
New Tax Acts Focus on Building Public Trust, Finance Minister Says By Emma Ujah, Abuja Bureau Chief The Minister of…
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Naira rises to N1,393/$ in parallel market
Naira Sees Gains in Parallel and Official Markets The Naira appreciated to 1,393 per dollar in the parallel market on…
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NESG raises fresh concern over Nigeria’s debt burden
Nigeria’s Debt Burden Draws New Concerns By Babajide Komolafe New concerns have emerged regarding Nigeria’s increasing debt burden, with projections…
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