Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …
CardinalStone
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BusinessEconomyFinanceForeign ExchangeGOVERNMENTMarkets
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BankingBusinessCapital MarketEconomyFinanceINVESTMENT
NGX Group Reports N24bn Revenue in 2024 on Bank Recapitalisation and Big Listings
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
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AgricultureBusinessEconomyInflationMonetary PolicyTrade
Analysts See Inflation Cooling but Warn of Rising Policy Costs
Nigeria’s inflation outlook is showing signs of relief as analysts project a continued slowdown in the coming months. This follows new data released by the National Bureau of Statistics (NBS) …
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Consumer AffairsCorporate NewsINVESTMENTMarketsTelecommunications
Nigerian Breweries, MTN and Nestlé to Resume Dividend Payouts in 2026 — Investors Await Reward
Three of Nigeria’s biggest publicly listed companies — Nigerian Breweries Plc, MTN Nigeria Communications Plc, and Nestlé Nigeria Plc — are expected to resume dividend payments in 2026. This comes …
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Banking, Finance & InvestmentBusinessEconomyNigeria
Rand Merchant Bank Nigeria receives West Africa 2024 award
Rand Merchant Bank Nigeria Limited (RMB Nigeria), a top player in Nigeria’s financial sector, has once again shown why it is considered a powerhouse in corporate and investment banking across …