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Daily Archives: July 8, 2019

Nigeria finally signs AfCFTA

FG bans forex for food importation

Africa’s most populous country and biggest economy, Nigeria, Sunday signed the African Continental Free Trade Agreement(AfCFTA), a continent-wide pact that seeks to create a single market. Nigeria’s neighbour, the Republic of Benin, also joined the ranks of the countries that ...

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Market index slumps further on economy’s negative sentiment

Indices rebound by improved H1 bank earnings, materials sub-sector

Cautious trading persisted on the equity sector of the Nigerian Stock Exchange (NSE), extending its losing streak for the fifth consecutive sessions in the first trading week of the month of July. The prevailing negative sentiments may, however, be attributed ...

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Airtel Africa to list shares on nation’s bourse Tuesday

Airtel Africa to list shares on nation’s bourse Tuesday

Shareholders want firm to explain methodology of proposed listing Finally, the Nigerian Stock Exchange (NSE) has announced plans by Airtel Africa to list its 3,758,151,504 ordinary shares on the nation’s bourse Tuesday, July 9, 2019. The cross border secondary listing, ...

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Sterling Bank ranked among best places to work in Africa

Sterling Bank ranked among best places to work in Africa

Sterling Bank Plc has been adjudged as the third best place to work in Nigeria and on the African continent at the 2019 edition of the yearly Great Place To Work (GPTW) awards held in Lagos. The bank also clinched ...

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Why fiscal policy support is needed now, by FSDH

Why fiscal policy support is needed now, by FSDH

The Central Bank of Nigeria (CBN) may be reaching the limit of its monetary policy tools in stimulating the economy. This is especially so if the fiscal complements are not immediately activated, particularly, in ensuring security, facilitating the movement of ...

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