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CBN’s approval boosts Access Bank Plc’s planned restructuring to a Holding...

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By Audrey Lotechukwu …Commences operation in Mozambique and SA markets TUE, 29 SEPT, 2020-theGBJournal- Access Bank Plc’s planned restructuring to a Holding Company (HoldCo) received a...

Weekly Markets Wrap: All-Share Index closes 2.9% higher amidst sharp drop...

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SAT, 26 SEPT, 2020-theGBJournal-In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing...

FX reserves drops by $47.33 million, Naira gains in the forwards...

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SAT, 26 SEPT, 2020-theGBJournal-Nigeria’s FX reserves recorded its first weekly decline in five weeks, falling by USD47.33 million w/w to USD35.77 billion. Across the...

Manufacturing PMI shrinks in September 2020 for the fifth time, employment...

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THUR, 24 SEPT, 2020-theGBJournal-The Central Bank of Nigeria (CBN) on Wednesday published the Manufacturing Purchasing Managers’ Index (PMI) Survey Report for the month of...

Equities fall on profit taking, with All-Share Index closing 0.2% lower,...

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WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....

CBN tightens band on interest rate on savings deposit

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TUE, SEPT 01 2020-theG&BJournal- The Central Bank of Nigeria has directed all deposit money banks in the country to set interest on local currency...

CBN, infraco and the infrastructure challenge

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By Arize Nwobu SAT, AUG 29 20202-theG&BJournal-The importance of infrastructure in expanding national production capacity and increasing a country’s wealth cannot be overemphasized. Research reports...

Weekly markets Wrap: All-Share Index closes 25,309.37 points, average bond yield...

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SAT, AUG 29 2020-theG&BJournal-Nigerian stocks inched higher for the sixth successive week, following bargain buying across large-cap stocks. Specifically, interest in BUACEMENT (+2.8%), STANBIC...

Central Bank of Nigeria bars Forex authorised dealers from opening Forms...

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TUE, AUG 25 2020-theG&BJournal- The Central Bank of Nigeria (CBN) has ordered Forex Authorized Dealers to desist from opening Forms whose payments are routed...

Weekly Economic Wrap: Oil revenue up 12.5% m/m to NGN528.43 billion,...

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SAT, AUG 22 2020-theG&BJournal- Nigeria’s headline inflation maintained its upward trend, as it expanded by 26bps in July 2020 to 12.82% y/y (June: 12.56%...