CBN to resume offer rates quotation for FX futures Monday
The Central Bank of Nigeria will resume the quotation of offer rates for FX futures contracts on Monday, according to
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Nigeria’s biggest power station says generation hits 1,000MW
Egbin Power Plc, Nigeria’s biggest power station, says it has achieved a 1,000 megawatts power generation, which it described as
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Nigeria’s gains from subsidy removal, FX reforms to top N21trn by 2025: World Bank
With the removal of the subsidy and the implementation of FX reforms, the government is projected to achieve estimated fiscal
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World Bank sees Nigeria’s inflation hitting 25% on subsidy removal
The World Bank has said the inflation rate in Nigeria is expected to peak at 25 percent this year on
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FX forward, futures contracts surge amid naira devaluation
The demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against
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Nigeria risks falling back into recession, Rewane warns
Africa’s biggest economy is at risk of falling back into recession after a slowdown in the first quarter of the
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Nigerian stocks jump 5.5% in week after Emefiele’s exit
Nigerian stocks ended this week with a 5.49 percent increase in the main index as investors reacted to the suspension
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Nigeria, Morocco, four others sign deal on $25bn gas pipeline project
Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, and Guinea have signed four significant Memoranda of Understanding related to the Nigeria-Morocco Gas
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Nigeria’s power generation plunges to 2,649.9MW after fire incident
Electricity generation in Nigeria fell by 37 percent in 24 hours, worsening outages in Africa’s biggest economy amid rising cost
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Nigeria’s inflation seen hitting 30% on Tinubu’s reforms
The annual inflation rate in Nigeria is expected to surge to more than 30 percent in coming months following the
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