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Buhari Never Told Malami, Emefiele To Disobey Supreme Court Order On Cash Swap — Presidency
adminMarch 14, 2023
The Presidency has absolved President Muhammadu Buhari of any blame over the apparent hesitance of the Central Bank of Nigeria (CBN) to effect the Supreme Court’s judgement of March 4,…Read More
NLC Gives FG Seven Days To End Cash Crunch
adminMarch 14, 2023
The Nigeria Labour Congress (NLC) may be heading for a showdown with the Federal Government over the scarcity of naira notes and petroleum products in the country. The unavailability of…Read More
FG Approves NIN Verification Fees For Passport Application, Renewal
adminMarch 14, 2023
Nigerians To Start Paying For NIN Verification From April 1st When Applying For International Passport The Federal Government has approved three categories of fees by Nigerians for verification of their…Read More
We’ve Nothing To Hide — INEC Chair Tells LP Legal Team On Material Inspection
adminMarch 14, 2023
The Chairman Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has assured the Labour Party (LP’s) legal team of the commission’s readiness to provide all documents the party requested to…Read More
Silicon Valley Bank: Bank of London Submit Proposal for UK Arm
adminMarch 13, 2023
Silicon Valley Bank: Bank of London Submit Proposal for UK Arm Bank of London has submitted a proposal to Silicon Valley Bank UK, the company said in a statement on…Read More
Cash Crunch: Godwin Emefiele Holds Nigerians to Ransom
adminMarch 13, 2023
Cash Crunch: Godwin Emefiele Holds Nigerians to Ransom Nigerian and various groups have expressed displeasure over the continuous scarcity of Nigerian naira across the country, a development that has crippled…Read More
Naira Scarcity: Earnings Dilutive for Nigerian Banks – Analysts
adminMarch 13, 2023
Naira Scarcity: Earnings Dilutive for Nigerian Banks – Analysts Naira scarcity in Africa’s largest economy by size of gross domestic product (GDP) will impact Nigerian deposit money banks’ earnings target…Read More
FMN Plc.’s Bloated Finance Costs, Declining Profit Prompt Sell Rating
adminMarch 13, 2023
FMN Plc.’s Bloated Finance Costs, Declining Profit Prompt Sell Rating Preceded by a weak financial scorecard, Flour Mills of Nigeria’s (FMN Plc) profit before tax expenses is expected to decline…Read More
Saudi Aramco’s Profit Rises 46.5% to $161.1bn
adminMarch 13, 2023
Saudi Aramco’s Profit Rises 46.5% to $161.1bn Saudi Arabian state-owned oil company, Aramco, has reported a record annual net profit of GBP134 billion or $161.1 billion for 2022, up 46.5%…Read More
Market Index Jumps as Nigerian Exchange Gains N145bn
adminMarch 13, 2023
Market Index Jumps as Nigerian Exchange Gains N145bn With a total sum of N145 billion record gain in a week, the equities segment of the Nigerian Exchange (NGX) continues its…Read More
Nigerian Treasury Bills Rates Spike, 364-Day Hits 10%
adminMarch 13, 2023
Nigerian Treasury Bills Rates Spike, 364-Day Hits 10% The average yield on Treasury bills increased as the market began to see higher spot rates at the Central Bank of Nigeria’s…Read More
Treasury Secretary Janet Yellen Says U.S. Government Won’t Bail Out Silicon Valley Bank
adminMarch 13, 2023
After regulators shuttered Silicon Valley Bank and seized its deposits Friday, U.S. Treasury Secretary Janet Yellen said Sunday that she has been working “to address the situation in a timely…Read More