Economy

Nigeria, Sweden strengthen bilateral ties, eye ‘bankable’ deals in energy, digital economy

The Nigerian government is deepening bilateral ties with the Republic of Sweden, with a strategic focus on transforming infrastructure, energy,…

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Securities dealers call for prudence as Nigerian stocks rally

The Association of Securities Dealing Houses of Nigeria (ASHON) has urged caution as the Nigerian capital market experiences a sustained…

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Payaza targets N50bn from Commercial Papers issuance

Payaza Africa Limited (Payaza) is currently shopping for about N50 billion through the issuance of Series 1 and 2 Commercial…

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ECOWAS must lead AfCFTA rollout, boost trade, industrialization – Speaker

Mémounatou Ibrahima, Speaker of the ECOWAS Parliament, has called on lawmakers to deliver measurable results as the region accelerates the…

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Naira loses 0.5% despite 13-year high external reserves of $50.45bn

The naira weakened across segments of the foreign exchange market on Tuesday, even as Nigeria’s external reserves climbed to a…

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Accion Microfinance Bank quotes N2.02bn Commercial Paper on FMDQ Exchange 

FMDQ Securities Exchange Limited has approved the quotation of Accion Microfinance Bank Limited’s N2.02 billion Series 1 Commercial Paper (CP)…

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Export profits exemption now tied to forex repatriation

Nigerian exporters will now have to repatriate their foreign exchange earnings through official banking channels before qualifying for tax exemption…

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Stock market snaps winning streak after MPC verdict

Nigeria’s stock market retreated on Tuesday by 0.92 percent after Monetary Policy Committee (MPC) verdict. Rising from its 304th meeting…

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Eterna beats forecast, posts highest profit in a decade

Eterna Plc posted its strongest annual profit growth in more than 10 years after booking a one-off debt gain and…

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How FG intends to tax freelancers, influencers and online sellers

Nigeria’s fiscal deficit is putting pressure on tax authorities to expand the country’s narrow revenue base, with freelancers, influencers and…

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