Money

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Money

SEC Clarifies Its Position On First Holdco Transaction

The Securities and Exchange Commission (SEC), on Thursday clarified  its position regarding the recent First Holdco Transaction. According to statement released by the...

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Afreximbank Shareholders Approve Key Resolutions and Reaffirm Support for Preferred Creditor Status

At the 32nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank), held as part of the Bank’s 2025 Annual Meetings...

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Nigeria Loses $18b Annually To illicit Financial Flows-FIRS Boss

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has disclosed that Nigeria loses an average of $18 billion...

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Despite Slowing Inflation, CBN Retains Interest Rate At 27.5%

In a bid to stimulate economic growth amid easing inflationary pressure, the Central Bank of Nigeria (CBN) on Tuesday, 22 July, 2025 announced...

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Breaking : Eight Banks Fully Met Recapitalisation Requirements-CBN

The Governor of  Central Bank of Nigeria (CBN) Olayemi Cardoso,  on Tuesday, 22 July, 2025 disclosed that at least  eight commercial banks in...

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Nigeria’s GDP Appreciates By 3.13% In Q1’2025-NBS

The National Bureau of Statistics (NBS) on Monday said the nation’s  annual gross domestic product (GDP) rate was 3.13 percent in the first...

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BREAKING: Nigeria’s GDP Rebased to N205trn-FG

The Statistician-General of the Federation, Adeyemi Adeniran has disclosed that Nigeria’s Gross Domestic Product, GDP, has been rebased from N80 trillion to N205...

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First HoldCo Denies Arise TV, This Day N323b Share Acquisition Claims

First HoldCo Plc on Monday officially denied reports concerning a high-value block trade of its shares, labeling the coverage by Arise TV and...