Naira rises against dollar, FX market turnover falls
The naira pared some of its recent losses against the dollar last week, even as the turnover in the foreign
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Naira will appreciate to 900/$ before December: Rewane’s FDC
The naira will strengthen to 900 per dollar on the parallel market before December, analysts at Financial Derivatives Company Limited
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Commit or quit … It’s up to you
By Harvey Mackay After his first night in the barracks, a new Army recruit was rudely awakened by his drill
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Moody’s affirms ECOWAS bank’s credit rating
Moody’s Investors Service has affirmed the ECOWAS Bank for Investment and Development’s B2 long-term issuer rating and maintained the stable
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Nigeria seen moving to reschedule debt, secure IMF support
With the Nigerian economy grappling with “excruciating debt service”, the country will make moves to reschedule its external debt and
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VFD Group’s listing adds N45bn to Nigeria’s stock market
VFD Group Plc, a proprietary investment company, has listed on the Main Board of Nigerian Exchange Limited (NGX). The listing
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Nigeria infrastructure fund woos stock investors with quarterly dividends
The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIDF), has been
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Moody’s downgrade puts Egypt on par with Nigeria
Moody’s Investors Service has cut the long-term foreign and local currency issuer ratings of the Government of Egypt to Caa1
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Chapel Hill Denham to list N200bn infrastructure fund on NGX
Chapel Hill Denham is poised to list the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund,
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Eight fintechs jostle for Ecobank’s $50,000 cash award
Eight fintechs are vying for Ecobank’s $50,000 prize, which the pan-African banking group described as “the largest no-strings-attached fintech cash
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