foreign exchange
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Economy
Standard Bank Backs Dangote Refinery IPO, Africa Expansion
Standard Bank Group has pledged support for the planned listing of the Dangote Petroleum Refinery and future expansion projects across…
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Economy
Nigeria’s External Reserves Gain $551m in May as FX Outlook Strengthens
Nigeria’s foreign exchange reserves have rebounded strongly in May 2026, rising by approximately $551 million after sustained pressure throughout April,…
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Economy
Economists Commend CBN on Sustained External Reserves Amid Global Shocks
Economists have commended the Central Bank of Nigeria (CBN) for sustaining the country’s external reserves at 48.54 billion dollars amid…
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Economy
NEPC Graduates Trade Experts to Drive Nigeria’s Export Economy
The Nigeria Export Promotion Council (NEPC) has graduated and presented certificates to 12 of its staff members who completed the…
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News
CBN Notes Macroeconomic Progress – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says there have been relative improvements in some of…
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News
Naira’s Resilience: Steady Amidst FX Inflows, Global Market Volatility
The Nigerian local currency, the naira, traded on a relatively steady note against the US dollar at the Nigerian Foreign…
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News
US Remittance Tax Threatens Nigeria’s Crucial FX Inflows
Investment, CSL Stockbrokers Limited, has said that the United States (U.S.) plan to apply tax to remittances could weaken Nigeria’s…
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Economy
World Bank Loan: Maximizing Impact, Minimizing Risk for Nigeria’s Economy
The Lagos Chamber of Commerce and Industry (LCCI) has outlined strategic approaches aimed at maximizing the benefits of the $500…
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Economy
2.2 Million BPD: Nigeria’s Economic Key
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to sustain crude oil production at 2.2 million barrels…
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