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Foreign Earnings of Nigerian Banks Surge by 307%, Totaling ₦477 Billion in 2023
In 2023, Nigeria's leading tier-one banks—Zenith Bank, United Bank for Africa (UBA), and Guaranty Trust…
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Nigerian Banks to Raise Over N3 Trillion in Capital Amid Regulatory Changes
Nigerian commercial banks are poised for significant capital restructuring as they face a stringent directive…
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Nigerian Equities Lose N104 Billion as CBN Increases MPR to 24.75%
In a continuation of its aggressive monetary tightening, the Central Bank of Nigeria (CBN) has…
Posted inBusiness Picked for you
Nigerian Stock Market Reaches All-Time High as ASI Surpasses 101,000 Points
On Wednesday, the Nigerian Exchange Group (NGX) reached a landmark achievement as the All-Share Index (ASI) soared past 101,000…
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Afreximbank Releases $2.25 Billion Crude Oil Prepayment Loan to Nigeria
Afreximbank, a pan-African multilateral financial institution, has confirmed the initial disbursement of $2.25 billion under…