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CBN raises MPR by 200bps to 24.75%

THE Central Bank of Nigeria (CBN) has again raised the benchmark interest rate as it continues to battle inflationary...

Investors lose N288.93bn as CBN commences March MPC meeting

TRADING activity in the Nigerian stock market closed in the red on Monday, March 25, as the All-Share Index...
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ABCON expresses concern over BDCs named among 15 terrorism financiers

THE Association of Bureaux De Change Operators of Nigeria (ABCON) said it was concerned about the naming of six...

With Adaora at Zenith, women now lead 11 of Nigeria’s 24 banks

ZENITH Bank Plc has announced the appointment of Adaora Umeoji as its Group Managing Director/Chief Executive (GMD/CEO), effective June...
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Energy costs, borrowing funds challenged cement production in Nigeria – Economist

HIGH energy costs, cost of borrowing, naira depreciation, and logistics were some of the challenges that manufacturing companies face...

Dangote earns over 50% profit from every ₦1 cement sales

DANGOTE Cement Plc earns over 50 per cent profit from every ₦1 sales on its product, The ICIR can...
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