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Wednesday, February 8, 2023

S&P Downgrades Nigeria’s Outlook To Negative

Six months before Eurobond repayment, government debt servicing expenses as a proportion of income remain high, according to S&P Ratings, which confirmed the sovereign...

New Naira Scarcity May Force Reps To Reconvene – Gbajabiamila

The Speaker of the House of Representatives (reps), Femi Gbajabiamila, has stated that the lawmakers may reconvene if the hardship caused by the naira...

Stock Market Hits Highest Since 2008, Investors Search for Interest

Equities market capitalization has risen to around N29 trillion as the Nigerian Exchange (NGX) continues to gain traction as market confidence improves. The market...

Naira Crisis: CBN Begs, Pledges To Stop PoS ‘Extra’ Charges

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has appealed to Nigerians for patience, noting that the redesigned notes would circulate and...

Naira Scarcity: We Are Working To Provide Solutions – Emefiele

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), insisted on Friday that the apex bank will not extend the deadline for exchanging...

Naira Crisis: I’ve Heard Your Cry, I’ll Decide In 7 Days – Buhari

President Muhammadu Buhari has encouraged Nigerians to allow him seven days to ease the cash crisis caused by the Central Bank of Nigeria (CBN)'s...

See Africa’s Top YouTube Earners

By Marie Lora-Mungai Despite the growing popularity of other platforms such as TikTok, YouTube is still king when it comes to reach and revenue for...

Dollar To Naira Exchange Rate Today (Fri. Feb. 3, 2023)

Dollar to naira, on Friday, February 3, 2023, opened at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade. According...

Nigeria’s External Reserves Slumps By $64m In January

Nigeria's External reserves declined by $63.62 million in January, according to information acquired from the Central Bank of Nigeria (CBN) as the external reserves...

Stock Market Soars Higher As MTNN, SEPLAT Increase

In Thursday's session, the Nigerian equities market enjoyed its fourth consecutive day of rise, with the Nigerian Exchange (NGX) All Share Index rising by...

Digital Economy Saves FG N45.7bn In Project Cost – Buhari

According to President Muhammadu Buhari, the digital economy sector has been the most effective in diversifying the nation's economy, saving the Federal Government approximately...

Buhari Unhappy About Cash Scarcity, Says Zainab Ahmed

President Muhammadu Buhari is unhappy about the cash scarcity in Nigeria. This is according to Zainab Ahmed, the Minister of Finance. Speaking at the 65th...

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