BUSINESS & ECONOMY

BUSINESS & ECONOMY

Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Forex turnover fell by 88% on Wednesday at the I&E window weakening the exchange rate to N386.76/$1. The exchange rate at the black market however remained flat at N461/$1 ...
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Decline in Africa's GDP
BUSINESS & ECONOMY COVER NEWSLETTER

The African Development Bank (AFDB) published its African Economic Outlook 20202 Supplement on Tuesday and warned that the continent’s GDP would fall by at least 1.7%, and if ...
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FIRS
BUSINESS & ECONOMY COVER NEWSLETTER

The Federal Inland Revenue Service (FIRS) has extended the closing date of tax debt payments in the country. In a statement issued on Wednesday by FIRS Director of ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.3 per cent to close at 24,097.48 yesterday, following the return of the bulls to the stock market. ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Data published on the website of the FMDQ on Tuesday reveals that the CBN official rate has been adjusted from N360 to a dollar to N381 to a ...
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Lamido Yuguda
BUSINESS & ECONOMY COVER NEWSLETTER

Lamido Yuguda has assumed office as the director-general of the Securities and Exchange Commission (SEC). According to a statement by Efe Ebelo, SEC head of corporate communication, Yuguda ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

Equities trading on the Nigerian stock exchange opened on a negative trend on Monday with the market capitalisation dropping by N12 billion. The Market Capitalization closed at N12.57trillion ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

The Director-General, Nigeria Employers Consultative Association (NECA), Timothy Olawale, has faulted the adjustment of the naira by the Central Bank of Nigeria (CBN). The NECA boss in a ...
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Nigeria’s e-Payment Transaction
BUSINESS & ECONOMY COVER NEWSLETTER

The value of electronic payment transactions through the point of sale (PoS) terminals, Nigeria Interbank Settlement System Instant Payment (NIP) and Electronic Fund Transfer (NEFT) increased significantly by ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

Equity transactions on the floor of the Nigerian Stock Exchange continued on a negative trend on Friday with the All Share Index, (ASI) falling by 0.16%. The ASI ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), has attracted about eight billiion dollars investments into the country since its establishment in 2008. The ICRC Director-General, Mr Chidi Izuwah disclosed ...
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Nigeria Customs Service
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigeria Customs Service (NCS) Apapa Area Command in Lagos State said it generated the sum of N227.3 billion in the first half of the year 2020, despite ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Forex turnover at the Investor and Exporters (I&E) window had a rebound on Thursday, July 2, 2020, as it rose by 1876% day on day, a massive increase from what was ...
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All Share Index
BUSINESS & ECONOMY NEWSLETTER

Equity transactions on the floor of the Nigerian stock exchange took a positive trend on Wednesday with benchmark index appreciating by 0.47%. The All-share index closed at 24,594.99 ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Forex turnover at the Investor and Exporters (I&E) window continued with its downward slide on Wednesday, July 1, 2020, as it dropped by 28% day on day. This is according to data ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Forex turnover at the Investor and Exporters (I&E) window recorded a reversal on Tuesday, June 30, 2020, as it dropped by 88%, a huge decline from the improved liquidity that was recorded on Monday, ...
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nigeria's economy
BUSINESS & ECONOMY COVER NEWSLETTER

Nigerian Government has announced a N2. 3 trillion estimated stimulus package into the economy to prevent a potential recession for the nation. The Minister of State for Budget ...
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Nigerian Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

Equity transactions on the Nigerian Stock Exchange ended on a positive trend on Monday with the All Share Index (ASI) appreciating by 0.12% The ASI closed at 0.12 ...
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Securities and Exchange Commission
BUSINESS & ECONOMY NEWSLETTER

The Securities and Exchange Commission (SEC) has warned Nigerians against investing with iBSmartify Nigeria. In a statement signed by Efe Ebelo, its head of corporate communications, SEC said ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

Forex turnover at the Investor and Exporters (I&E) window had a rebound on Friday, June 26, 2020, as it rose by 144.68%, a significant increase from what was recorded the previous day in the ...
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