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  • Profit at Access Bank’s Parent Rises 15% to N743 Billion
  • Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
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Economics FEATURED Latest TOP STORIES 

Rising food prices will worsen Nigeria’s poverty situation – LCCI

February 18, 2021February 18, 2021 Markets Reporters 0 Comments Inflation, LCCI, Muda Yusuf, Poverty in Nigeria, Rising food prices

The Lagos Chamber of Commerce and Industry has said the rising food prices in Nigeria will worsen the poverty situation

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Energy FEATURED Latest TOP STORIES 

NNPC rules out petrol price hike this month

February 18, 2021February 18, 2021 Markets Reporters 0 Comments Kennie Obateru, NNPC, Petrol price hike

The Nigerian National Petroleum Corporation has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) this

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FEATURED Latest Money TOP STORIES 

WorldRemit welcomes CBN mandate on new dollar bank accounts

February 17, 2021February 17, 2021 Markets Reporters 0 Comments CBN, US dollar bank accounts, WorldRemit

WorldRemit, a cross-border digital payments service, has described as a welcome development the Central Bank of Nigeria’s announcement that all

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FEATURED Latest Money TOP STORIES 

Naira falls against dollar at parallel market, I&E window

February 17, 2021February 17, 2021 Markets Reporters 0 Comments dollar, FMDQ Group, naira, Nigerian currency

The Nigerian currency has pared some of its recent gains as it weakened against the dollar at the parallel market

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves down $570m to $35.63bn despite oil rally

February 16, 2021February 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of

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Economics FEATURED Latest TOP STORIES 

Get on board or be left behind, Okonjo-Iweala tells Nigeria, others

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Ehingbeti Summit, Ngozi Okonjo-Iweala, WTO DG

The new Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries should embrace

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation surges to 16.47%, highest in 45 months

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Inflation rate, NBS

The inflation rate in Nigeria rose further in January to its highest level in 45 months, official data showed on

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FEATURED Latest Stocks TOP STORIES 

Universal Insurance grows annual profit by 1,646%

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Universal Insurance

Universal Insurance Plc has reported an increase of 1,646 percent in its profit after tax for the 2020 financial year.

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FEATURED Latest Money TOP STORIES 

Naira plummets to record low against dollar at I&E window

February 15, 2021February 15, 2021 Markets Reporters 0 Comments FMDQ Group, I&E window, naira

The Nigerian currency extended its decline on Monday, falling to a record low against the dollar at the Investors’ and

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Economics FEATURED Latest TOP STORIES 

Okonjo-Iweala confirmed as WTO DG, reveals her top priority

February 15, 2021February 15, 2021 Markets Reporters 0 Comments Ngozi Okonjo-Iweala, WTO

The World Trade Organization has chosen Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, as its first female and first African

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