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JUST IN: Seplat’s CEO Resigns After Court’s Order
The Chief Executive Officer of Seplat Energy Plc, Roger Brown, has resigned following an order by the Federal High Court in Lagos.
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Nigeria’s Foreign Trade Jumps To N52.83trn In 2022
The National Bureau of Statistics says the trade between Nigeria and other countries increased to N52.83 trillion, OduNews reports.
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AfDB Issues $2bn Global Benchmark Bond
The African Development Bank has issued a $2 billion five-year global benchmark bond, OduNews reports.
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Tinubu Will Implement Policies To Boost Economic Growth In Q2″23 – FBNQuest
FBNQuest says Nigeria's president-elect, Asiwaju Bola Ahmed Tinubu, will implement policies that will boost economic growth in the second quarter of 2023.
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Naira Waxes Stronger At Parallel, P2P, I&E FX Markets
The value of the naira appreciated against the dollar across the foreign exchange markets, OduNews reports.
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FG Records 116% Increase In Income Tax In 2022
The Federal government increased the revenue generated from income tax by 116% in 2022, accruing N2.8 trillion from companies in the country.
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CBN Releases Guidelines For Open Banking
The Central Bank of Nigeria has released new guidelines for open banking in the country, OduNews reports.
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Stock Market Capitalisation Grows By N108bn
The Nigerian Exchange (NGX) Limited recorded a N108 billion gain by the end of trading activities on Wednesday, OduNews reports.
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Russia Considers Challenging US Nominee for World Bank Head
Russia is reportedly consulting with its allies about challenging the US nominee for the head of the World Bank, which could complicate the smooth succession process. Roman Marshavin,…
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Local Stock Market Reacts Positively To Election Outcome, Gains N316bn
The Nigerian Exchange (NGX) Limited closed on a positive note last week following the emergence of Bola Ahmed Tinubu as the president-elect, OduNews reports.
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Zenith Bank Receives Approval To Operate As HoldingCo
Zenith bank plc has received the approval of the Central Bank of Nigeria to operate as a financial holding company.
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Nigeria’s Petroleum Earnings Fall By 53.4%
CBN says Nigeria recorded a 53.4% fall in its petroleum earnings in November 2022 when compared to the previous month.
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Revolut reports first-ever annual profit
Revolut, a financial technology company, has reported its first-ever annual profit, with revenues of £636.2 million ($767.1 million) for 2021, tripling its previous year's figure.…
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Local Stock Market Investors Gain N261bn As Tinubu Wins Presidential Election
Investors at the Nigerian Exchange (NGX) gained N261 billion amidst the emergence of Asiwaju Bola Ahmed Tinubu as president elect.
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Central Bank of Nigeria Appoints Acting Director of Communications
The Central Bank of Nigeria has appointed Dr. Isa Abdulmumin as the Acting Director of the Corporate Communications Department, following the retirement of Osita Nwanisobi. With a…
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NBS: Cooking Gas Price Increased By 39% In 12 Months
The Nigerian Bureau of Statistics says cooking gas prices went up by 39% from January 2022 to January 2023, OduNews reports.
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Bulls Dominate Customs Street As Investors Rake In N180bn
The Nigerian Exchange (NGX) Limited closed on a positive note on Thursday as stock investors raked in N180 billion, OduNews reports.
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Naira Falls To N461 Per Dollar At I&E Window
The value of the naira fell to N461 per dollar at the Investors & Exporters (I&E) window of the foreign exchange market, OduNews reports.
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Geregu Power Pushes Stock Market Up By 0.23%
The Nigerian Exchange (NGX) Limited recorded a gain of 0.23% on the back of renewed buying interests in the shares of Geregu Power Plc.
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NBS: Nigeria’s GDP Falls To 3.12%
The Nigerian Bureau of Statistics says the gross domestic product growth fell to 3.12% in 2022 from 3.40% in 2021, OduNews reports.
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