This Day CBN Sustains Forex Intervention with $195m In continuation of its effort to sustain foreign exchange (forex) liquidity in the country, the Central Bank of Nigeria (CBN) on Tuesday…
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Punch DMO: Foreign debt payment to gulp $11.62bn in 10 years Nigeria may have to grapple with the payment of $11.62bn in foreign debt in the next 10 years, a…
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Punch Exit from recession still fragile, says CBN The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said the 0.55 per cent Gross Domestic Product growth rate,…
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Power Sector: On Pins and Needles In H1 2017, though power generation improved from end of December by 20% to 4150MW, reflecting increase in gas supply to gas-fired power plants…
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Punch Four banks trading below minimum liquidity ratio – MPC members Four commercial banks in the country are operating with too many non-performing loans on their books and with liquidity…
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Punch FIRS generates N2.5tn from taxes in eight months The Federal Inland Revenue Service on Tuesday said it generated a total of N2.51tn from taxes for the federation between January…
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This Day Equities Market Sheds N326bn on Weak investor Sentiments Contrary to expectations that the gains recovery witnessed in the market the previous week would be sustained last week, the…
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Punch NNPC to shut refineries for maintenance The Nigerian National Petroleum Corporation will soon shut down three of its four refineries, according to the Group Managing Director, Dr. Maikanti Baru,…
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Punch FG to spend N100bn Sukuk fund on road infrastructure – DMO The N100bn targeted by the Federal Government from the Islamic bond, Sukuk, will be spent on critical road…
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In our H1 17 Strategy Report, we noted that the CBN could maintain its hard peg on the naira at N305/$ as higher oil receipts and proceeds from FG’s planned…
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