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Loan Growth to Slow as Banks Reserve Deposit With CBN Hits N15.03trn

The amount of money or reserve deposit that Nigerian lenders are required by regulation to keep with the central bank is soaring as a result of tighter liquidity conditions,...

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Loan Growth to Slow as Banks Reserve Deposit With CBN Hits N15.03trn

Editor -
The amount of money or reserve deposit that Nigerian lenders are required by regulation to keep with the central...
Markets

ISSAN Seeks Closer Collaboration with EFCC on Cyber Security

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The Information Security Society of Africa – Nigeria, ISSAN), has called for stronger and closer collaboration with the Economic and...
Markets

Manchester City Win Record Fourth-Successive Premier League Title

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Manchester City have been crowned 2023/24 Premier League champions, becoming the first men’s team in the history of English...
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ICAN, NGX Honour Dangote Cement for Excellence in Corporate Reporting

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Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the...
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Helicopter Carrying Iran’s President Raisi Has Crashed

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A helicopter in a convoy in which Iranian President Ebrahim Raisi was traveling was involved in a "hard landing"...
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Presco Beats Market as Robust Earnings Underpin Investors’ Interest

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Robust earnings reported by oil Palm firm Presco Nigeria Plc as well as an attractive valuation and expectation of...

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A N8.50trn Corporate Debt Storm Builds Over Economy

There is a corporate debt storm building over the Nigerian economy as financial obligations that are mounting due to...
Economy

NACCIMA Decries Depreciation of Naira, Worries Over Impact on Import Cost, Inflation

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The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye Esq., has...
Economy

Nigerians Trend #TinubuMustGo as Economic Hardship Bites

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Some Nigerians on social media platform, X have started trending #TinubuMustGo to lament the current socio-economic situation of Nigerians...
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Nigeria Needs to Raise VAT Rate, Says Taiwo Oyedele

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The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said that there is...
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16 Bank Transactions Exempted From CBN’s New Cyber Security Levy

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In a significant move, the Central Bank of Nigeria (CBN) has issued a directive for all banks to implement...
Economy

CBN Bars MFBs, Opay, Moniepoint From Registering New Customers

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The Central Bank of Nigeria has barred some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts...

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