AfDB approves $50m loan for Standard Chartered Bank
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation
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Money
Weaker naira may push up imported goods prices: Capital Economics
A weaker naira is likely to push up prices of imported goods in the near term, London-based Capital Economics has
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Nigeria’s forex reserves hit four-month high
Nigeria’s foreign exchange reserves have risen to the highest level in four months, according to the latest data from the
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Nigeria’s forex reserves hit three-month high
Nigeria’s foreign exchange reserves have risen to the highest level in more than three months, according to the latest data
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Stanbic IBTC reports 52.85% drop in half-year profit
Stanbic IBTC Holdings Plc has posted a profit before tax of N24.71 billion for the first half of this year,
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Equity investor, Arise, injects $75m into Ecobank
An equity investor, Arise B.V., has made a $75 million Additional Tier 1 investment in Ecobank Transnational Incorporated, the parent
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Access Bank’s profit rises 31.19%, customer deposits near N6tn
Access Bank Plc has reported a profit before tax of N97.49 billion for the first half of this year, up
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Nigeria’s forex reserves rise above $34bn, highest since June 9
Nigeria’s foreign exchange reserves have risen above $34bn for the first time in more than two and a half months,
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Weekly forex transactions fall to $539.47m: FMDQ Exchange
The total foreign exchange transactions on FMDQ Securities Exchange fell by about 22.11 percent this week, according to official data
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Weekly forex transactions rise to $692.60m: FMDQ Exchange
The total foreign exchange transactions on FMDQ Securities Exchange rose by about 2.24 percent last week, according to official data
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