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Naira devaluation as false economics

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By ISSA Aremu THUR, 10 DEC, 2020-theGBJournal- After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal,” yours...

Labour drums support for CBN over naira value

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By Audrey Lotechukwu MON, 07 DEC, 2020-theGBJournal- Organized labour has commended the recent measures of Central Bank of Nigeria (CBN) aimed at shoring up the...

Central Bank of Nigeria introduces Special Bills

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WED, 02 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) today announced the introduction of Special Bills which it says is part of efforts...

COMMENT: Realities and battle against recession By Arize Nwobu

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By Arize Nwobu THUR, 26 NOV, 2020-theGBJournal-According to the National  Bureau of Statistics (NBS), the economy had slipped into another recession, the GDP having contracted...

MARKETS: Treasury bonds yield contracts 7bps to 3.9% on profit taking,...

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WED, 25 NOV, 2020-theGBJournal- The Treasury bonds secondary market remained bullish, as the average yield contracted by 7bps to 3.9%. Across the curve, average...

Central Bank of Nigeria holds Monetary Policy Rates at 11.5%

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By Audrey Lotechukwu TUE, 24 NOV, 2020-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) today unanimously voted to retain the MPR at 11.5...

Nigeria: Banks’ asset risk will remain vulnerable -Moody’s

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By Audrey Lotechukwu MON, 23 NOV, 2020-theGBJournal- Risks around Nigerian banking asset has shaped up to be the dominant theme in the coronavirus pandemic era....

EARNINGS SEASON: Nigerian Bank’s Q3 2020 numbers so far have been...

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By Charles Ike-Okoh SAT, 21 NOV, 2020-theGBJournal- The Nigerian banking sector have witnessed mixed earnings results with some reporting stellar third-quarter results and while earnings...

Even as manufacturing sector recovery continues, employment level shrank for eighth...

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By Charles Ike-Okoh THUR, 19 NOV, 2020-theGBJournal- Despite the recovery seen in Nigeria’s manufacturing sector in recent months following the easing of COVID-19 lockdown, employment...

Accelerex Holdings Secures $20m Investment from Africa Capital Alliance

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In addition, Accelerex also acquired a majority stake in SLS Microfinance Bank to serve the financial needs of its fast-growing agent banking business THUR, 19...