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Nigerian Stock Exchange NSE

NSE: Trading defies inflation figure, index up 0.90 per cent

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Dangote Group founder Aliko Dangote

Africa’s richest man to diversify investments

Top billionaires across the world diversify their investments to countries with strong and rising currencies to avoid asset erosion.
FILE PHOTO- Central Bank of Egypt's headquarters seen in downtown Cairo, Egypt, September 7, 2017. REUTERS-Mohamed Abd El Ghany

Egypt’s central bank postpones policy meeting

Egypt’s central bank said on Thurday that its monetary policy meeting on interest rates had been postponed to Jan. 16 from this week.

$57 budget 2020 oil benchmark unrealistic – central bank

The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.

MPC retains benchmark lending rate at 13.5 per cent

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent.

Central bank mandates commercial banks to give out more loans

A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.

MPR retention: Experts predict increase in foreign investors’ participation

Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets.

Expert: Retention of MPR at 13.5 percent in order

Mr Tope Fasua, an economic expert, said the retention of Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) was in order.

Central bank apologises for cashless policy inconveniences

The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.

CBN: MPC meeting to hold earlier than scheduled

The Central Bank of Nigeria (CBN) has rescheduled the Monetary Policy Committee (MPC) meeting for the month of September.

CBN reschedules MPC meeting to Thursday

The Central Bank of Nigeria has rescheduled it’s Monetary Policy Committee meeting to Thursday and Friday this week.

Experts commend central bank’s policy on forex restriction for milk importation

Economic experts have lauded the Central Bank of Nigeria (CBN) on its plan to put forex restriction on imported dairy products to the country.

Miyetti Allah condemns restriction on Forex for milk importation

The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), in a statement, condemned the CBN’s planned policy restricting allocation of foreign exchange (FOREX) for milk importation into Nigeria.

Central bank chief defends planned restriction of forex for milk importation

The Central Bank of Nigeria (CBN) on Tuesday confirmed that its planned policy to restrict allocation of foreign exchange (FOREX) for milk importation and other diary products into the country will soon become effective.

Federal government to put restrictions on milk importation

The Central Bank Governor, Mr Godwin Emefiele, who disclosed this while addressing newsmen after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday said the Federal Government would soon put restrictions on the importation of milk to the country.

Central bank pegs remunerable bank deposits at N2 billion

The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.

Central bank intensifies pressure on banks to lend to the economy

In a bid to further stimulate lending to the economy, the Central Bank of Nigeria, CBN, yesterday, said bank deposit placement through its Standing Deposit Facility, SDF, in excess of N2 billion will not attract interest payment.

Central bank chief pledges to bring inflation to single digit within five years

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says he will bring inflation to single digit within the next five years.

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Justin Fashanu will be inducted into the National Football Museum's Hall of Fame on Wednesday

Justin Fashanu to be inducted into football Hall of Fame

Justin Fashanu, Britain's first and only out gay male professional footballer, is to be posthumously inducted into the National Football Museum's Hall of Fame later this week.
Queen Elizabeth II’s nephew David Armstrong-Jones is set to divorce, a spokesman said Monday — the second marriage split in the British royal family announced within a week.

Queen Elizabeth II’s nephew in latest royal marriage split

Queen Elizabeth II’s nephew David Armstrong-Jones is set to divorce, a spokesman said Monday — the second marriage split in the British royal family announced within a week.
Tomato plants in France’s far-west Finistere region have been contaminated with a destructive virus that can lead to whole crops being wasted, the agriculture ministry said on Monday.

France confirms first case of ruinous tomato virus

Tomato plants in France’s far-west Finistere region have been contaminated with a destructive virus that can lead to whole crops being wasted, the agriculture ministry said on Monday.
Odion Ighalo has become the first Nigerian to play for Manchester United following his debut against Chelsea.

Odion Ighalo makes Manchester United debut against Chelsea — video

Odion Ighalo has become the first Nigerian to play for Manchester United following his debut against Chelsea.
All Progressives Congress (APC) Nigeria

Jigawa bye-election: Musa Muhammadu wins APC Babura/Garki federal constituency primary

Musa Muhammadu has emerged the candidate of the All Progressives Congress (APC) for the bye-election into the vacant Babura/Garki Federal Constituency of Jigawa.