Saturday, April 11, 2026
News
Global Economy: The New Strain of COVID-19 Threatens the Vaccine-Fuelled Economic Rebound of Nations
(Greenwich Merchant Bank): The new strain of COVID-19 is gaining prominence since its first detection in Britain on the 20th...
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CBN revokes operating licences of some Payment Service Providers
The Central Bank of Nigeria (CBN) has revoked the operating licences of 7 Payment Services Providers and the Switch Licence...
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Revealed: Cement price hike caused by low production
The price of 50Kg of cement has risen across in Nigeria by over 35% to N3500 and as much N4000...
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Rise in Covid-19 cases – FG shuts bars, nightclubs, restaurants, restricts wedding guests to 50
The Federal Government of Nigeria has ordered the closure of bars, nightclubs, and restaurants throughout the country. FG also decreased...
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Domestic Economy: Nigerian Capital Inflows Take a Beating, Down 74.03% YoY
Greenwich Merchant Bank): Capital importation fell noticeably in the third quarter, reeling from the impact of the COVID-19 pandemic and...
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Global Economy: Eurozone’s Private Sector PMI Ends the Year on an Impressive Note
(Greenwich Merchant Bank): Business activity in Europe’s largest economy (Germany) pushed higher, amidst uncertainties linked to the ravaging pandemic. Thereby,...
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African Development Bank approves $5 million grant for Desert-to-Power Scheme in the G5 Sahel Countries
The Board of Directors of the African Development Bank approved on Wednesday a Desert-to-Power (D2P) technical support program that will...
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The US Dollar to remain the dominant reserve currency for central banks – IMF
An International Monetary Fund (IMF) analyzes of the composition and drivers of central banks' reserve currency found that despite major...
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Nigeria stock market daily report: JAIZBANK sells high volume as market gain 0.76%
The Nigerian Stock Exchange All-Share Index (NSE ASI) gained for the third day in a row this week on Wednesday...
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World Bank Approves $1.5bn Loan For Nigeria
The World Bank has finally approved Nigeria’s request for a $1.5 billion loan. The loan had earlier been delayed by...
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