One killed, others injured in Kwara, Ekiti communities border disputePolice Deploy Officers as Soldiers and Traders Clash in Abuja MarketThe other side of Abuja’s luxurious estatesMakinde appoints Akeem Ige chairman LG pension board, 9 othersTax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System To Boost Internally Generated Revenues
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Category: Economy and Capital Markets
FX Crisis Traders lose as naira rebounds to 720/dollar
The value of the Naira to the US Dollar, has rebounded by 20.8 per cent to 720/dollar at the parallelmarket, findings by Webteam@ipledge2nigeria have shown. This comes two weeks after the…
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USA MOVES TO CHECKMATE DOLLAR STOCKPILE IN AFRICA
Should this action be implemented come January 2023 as reported, Nigeria corrupt politicians will be worse hit. The just concluded extraordinary meeting held in Washington DC on Nov. 2nd 2022…
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Our position on naira redesign, arrest of traders by EFCC
Dozens of black market foreign exchange dealers in Abuja were arrested on Tuesday during an operation by the Economic and Financial Crimes Commission (EFCC) in an attempt to stop the…
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CBN destroys over N6tn banknotes under Buhari
The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President, Major General Muhammadu Buhari, (retd) expires…
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History Made As Naira Crashes To 800 Per Dollar
The Naira is currently trading at 800 against the dollar according to some exchange platforms. Checks made by Peoples Gazette on Saturday revealed that the current parallel market rate is…
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The Re-design of Naira will stop buying of votes – AbdulRasheed Bawa
AbdulRasheed Bawa, the Chairman of the Economic and Financial Crimes Commission, has applauded and praised the Federal Government over the Central Bank redesign of naira notes, mentioning that it will…
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Naira Likely to be Devalued by 20% in 2023, Bank of America Says
Nigeria’s local currency unit is set to weaken further next year as its current exchange rate to the dollar is well above fair value, according to Bank of America. According…
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Otedola’s Geregu becomes first power firm to list shares on NGX
YESTERDAY’S listing of Geregu Power Plc paidup share capital on the floor of the Nigerian Exchange (NGX) cleared the coast for trading on the shares of the electricity power generation…
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Sterling Bank Announces Name Change, Move to Cement Its Leadership Position in Key Sectors of the Economy
One of Nigeria's leading commercial banks, Sterling Bank, has announced plans to change its name The move follows shareholders' approval for the bank to operate a holding company that involves…
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2023: We will tackle poverty in 18 months, create 30 million jobs – Adebayo
Prince Adewole Adebayo, the Presidential candidate of the Social Democratic Party, SDP, says he would eradicate poverty in 18 months, if elected, by curbing stealing of crude oil, cutting cost…
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