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CBN to refund capital deposits, licensing fees of pending BDC applicants

The Central Bank of Nigeria (CBN) has announced that it will commence the immediate refund of capital deposits and licensing…

5 years ago

IMF warns against adoption of cryptocurrencies as legal tender

The International Monetary Fund (IMF) has warned against the adoption of cryptocurrencies like Bitcoin and Ethereum as legal tenders. In…

5 years ago

Nigerian equity market downtrend extends to third consecutive sessions

The Nigerian Exchange declined further for the third consecutive trading session on Thursday, driven by sell pressure in BUACEMENT, GTCO,…

5 years ago

Nigeria’s capital importation down to $875.62mn in six moths- NBS

The total value of capital importation into Nigeria declined to $875.62 million in the second quarter of 2021 (Q2, 2021)…

5 years ago

ABCON promises to obey CBN directives on FX sales ban

Bureau De Change (BDCs) operators have promised to abide by all the directives of the Central Bank of Nigeria (CBN)…

5 years ago

Investors react negatively to rates retention as Nigerian equity market dips 0.12%

The Nigerian equity market swang southward on Tuesday as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria…

5 years ago

Pension fund hits N12.66trn – PenCom

The National Pensions Commission (PenCom) has said pension fund assets reached N12.66 trillion as of June 30, with contributory pension…

5 years ago

Global structured finance to reach $1.4 trillion in 2021

Global structured finance new issuance volume increased 60 per cent to approximately $685 billion in the first half of 2021…

5 years ago

158 PPP projects incorporated in 2020- ICRC

The Infrastructure Concession Regulatory Commission (ICRC) has stated that 158 Public-Private Partnership (PPP) projects were incorporated in Nigeria from multiple…

5 years ago

Nigeria won’t achieve forex rate convergence until there are multiple suppliers, says Johnson Chukwu

Mr Johnson Chukwu, Managing Director, Cowry Asset Management Ltd and financial and economic analyst, Xrays some monetary and fiscal policies…

5 years ago

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