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Lagos, Nigeria
Wednesday, August 15, 2018

33 stocks on NSE record price loss

Thirty-three stocks recorded price losses, while 13 posted price appreciation on the Nigerian Stock Exchange (NSE), the News Agency of Nigeria (NAN) reports. Negative sentiments...

CBN pumps $210m into foreign exchange market

The Central Bank of Nigeria (CBN) has pumped $210 into the market to boost the inter-bank foreign exchange. The bank again on Tuesday offered the...

Active mobile lines in Nigeria hit 149m in March

The Nigerian Communications Commission (NCC) says active mobile phone lines in the country rose from the 148 million in February to 149 million in...

Oil boom for Nigeria as prices hit $73.79 a barrel

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing...

CBN injects another $210 million into forex market

The Central Bank of Nigeria (CBN) says it has again injected $210 million into the foreign exchange (forex) market in continuation of its intervention...

Experts predict high inflation rate in coming months

Two financial experts on Monday said that the 2018 single-digit inflation target of the Central Bank of Nigeria (CBN) would not be feasible, due...

Negative day for Nigerian stocks, N150 billion lost

Activities opened on the Nigerian Stock Exchange (NSE) on Monday in the negative as the market capitalisation lost N150 billion and volume depreciated by...

Nigeria’s mobile phone subscription hits 147m

The Nigerian Communications Commission (NCC) said that the country’s phone subscriptions have reached 147 million as at January 2018. The Executive Vice Chairman, NCC, Professor...

Nigerian banks lose 2m customers in 2 years – Statistics

Despite Central Bank of Nigeria’s effort to promote financial inclusion, Nigerian banks lost over two million customers between 2016 and 2017. According to statistics from...

CBN lifts forex market with $210m

The Central Bank of Nigeria (CBN) has provided fresh $210 million to meet customers’ requests in various segments of the foreign exchange market. The apex...

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Nigeria’s foreign debt rises — NBS

Nigeria’s total domestic and foreign debt stocks as at 30 June stood at about $15.1 billion and N14.1 trillion respectively, the National Bureau of...

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