Economy
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Kudos to PenCom as PFAs sparkle on the 2022 ROI table
Globally, 2022 was a difficult and very challenging year for financial markets. Smarting from the debilitating impact of the COVID-19…
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Ezekwesili alerts DSS on Emefiele, accuses him of privatizing CBN, abusing powers
Former minister of education, Oby Ezekwesili, has alerted the State Secret Service on the Governor of Central Bank of Nigeria,…
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Confusion as customers reject old Naira notes dispensed by banks
Sequel to the Supreme Court ruling extending the validity of the old N500 and N1,000 notes till December 31, 2023,…
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We will accept old N500, N1,000 notes when Buhari, CBN, give order – Traders
Some traders and marketers in Lagos have said they would accept the old denominated naira notes of N500 and N1,000,…
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Stanbic IBTC Bank named by PenCom for funding of RSA Backed Mortgage
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been named as one of the banks to process Retirement…
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Commercial banks begin issuance of old ₦500, ₦1000 notes
Following the Supreme Court judgment, which extends the validity of the Central Bank of Nigeria (CBN) currency redesign policy to…
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Nigeria’s debt hits N50trn
Nigeria’s total public debt portfolio now stands at about N48.93 trillion, with the government borrowing about N3.73 trillion over the…
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Cash crunch hits hard on businesses, says report
The lingering struggle for cash has caused a sharp decline in business activities leading to steep reduction in output, with…
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Politics: Business activities drop to three-year low over elections
According to a recent survey, businesses are reducing output and eliminating employment as a result of cash and gasoline shortages,…
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FG borrows N2.13trn in two months
The federal government has borrowed about N2.13 trillion from the domestic capital market so far this year. Data obtained…
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