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Central Bank of Nigeria raises interest rate by 50bps to 26.75%
...The Committee members also voted to adjust the asymmetric corridor to +500bps/-100bps (Previously: +100bps/-300bps),
...retain CRR for Deposit Money Banks at 45.0%, and Merchant Banks...
Analysis| Windfall tax on banks?
...What financial impact will this windfall tax have on the banks, and on the government's finances? To answer these we have assessed the six...
Naija Times Publisher, Ehi Braimah, to be honoured with London Varsity...
...Braimah completed his MBA degree at the University of Roehampton in 2016 and is excited to be recognised among an impressive pool of talented...
Reflections on Central Bank’s remedial policies
...Cardoso admitted that the challenges were large and complex and could not be solved overnight
...CBN abolished development financing and intervention programmes for agriculture and...
Markets Warp| NGX benchmark Index closes higher with buying interest in...
...The total volume traded declined by 44.4% to 335.70 million units, valued at NGN3.72 billion, and exchanged in 8,760 deals
...On sectors, the Consumer goods...
Barack Obama praises Joe Biden as ”a patriot of the highest...
...Joe Biden becomes the second U.S President to abandon reelection bid since President Lyndon B. Johnson in 1968.
MON JULY 22 2024-theGBJournal|Leaders around the world...
ENI, Italian multinational energy company set to return with new investment...
...In his remarks, the Chief Executive Officer of ENI said the energy company will invest more in the country, particularly in the agricultural sector
SAT...
Oil sector projected to boost Nigeria’s GDP growth in Q2-24
...For the oil sector, we point out that domestic oil production has increased modestly in recent months after declining to 1.43 mb/d (including condensates)...
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
Treasury bills yield across all instruments rises 100bps to 24.7% as...
...The Central Bank of Nigeria (CBN) conducted an OMO auction midweek which was met with paltry interest following a subscription of NGN36.00 billion (range...
