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Meet Karl Toriola, MTN Nigeria's new CEO

Oluwafadekemi Areo Oct 26, 2020

MTN Nigeria has named Karl Olutokun Toriola as its next Chief Executive Officer (CEO), effective from March 2021. Toriola is...

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Six things we learnt from IMF’s latest fiscal monitor

Oluwafadekemi Areo Oct 24, 2020

The fiscal monitor of the International Monetary Fund (IMF) is prepared to analyse the latest public finance developments, update fiscal...

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5 things we learnt from NNPC’s audited 2019 financial accounts

Oladehinde Oladipo Oct 19, 2020

The Nigerian National Petroleum Corporation (NNPC) has released its audited financial statements, the second time in about 40 years. Audited...

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Three things tech companies eyeing Nigeria Stock Exchange should consider

Frank Eleanya Oct 14, 2020

Private equity and venture capital may be the biggest sources of investment in the tech ecosystem in Nigeria, but they...

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How government plans to fund the proposed 2021 budget

Oluwafadekemi Areo Oct 13, 2020

Nigeria’s fiscal authorities outlined strategies for funding the proposed 2021 budget of N13.08 trillion during a public presentation, Tuesday. During...

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In 10 numbers, how Nigeria's biggest companies have fared in 2020

Lolade Akinmurele Oct 06, 2020

Nigeria’s biggest publicly listed companies have faced a myriad of challenges in the first half of the year 2020 with...

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Nigerian stocks post biggest daily gain in 5yrs

Okafor Endurance Oct 06, 2020

Nigerian stocks powered higher Tuesday afternoon as the Lagos bourse Composite Index posted its biggest daily gain in more than...

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Updated: Nigerian banks gather defences to ride out virus storm

Oluwafadekemi Areo Oct 05, 2020

Nigerian banks are setting aside more money than they did in the last three years for bad loans amid the...

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Nigeria delivers much-needed rate cut, but is there room for it to work?

BusinessDay Sep 28, 2020

Nigeria unexpectedly cut its monetary policy rate last week in the hope it can spur growth for an economy reeling...

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Here’re 5 implications on Nigeria's economy as MPC trims MPR by 100bp

Okafor Endurance Sep 23, 2020

In a bid to salvage Nigeria’s economy from the negative impact of COVID-19, the Monetary Policy Committee (MPC) of the...

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In six charts, how prices of staple food items in Nigeria have fared in four years

Oluwafadekemi Areo Sep 22, 2020

A hike or fall in food prices directly affects Nigerians as a whole but particularly troubles the close to 90...

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Nigeria’s biggest beer makers record first loss in 7 years

Mercy Ayodele Sep 15, 2020

Nigeria’s biggest beer makers posted their first combined loss in seven years in the first half of 2020, as revenues...