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PMI: Economic Recoveries in Nigeria, Others Could Disappoint in Q3
News

PMI: Economic Recoveries in Nigeria, Others Could Disappoint in Q3

Marketforces Africa - 0
PMI: Economic Recoveries in Nigeria, Others Could Disappoint in Q3. Given the latest data from the Nigeria’s central bank purchasing managers index (PMI), analysts said economic recoveries could disappoint against expectation in the third quarter of 2020.
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Trade Deficit Reflects Depth of Nigeria’s FX Issue –Cardinalstone
Economy

Trade Deficit Reflects Depth of Nigeria’s FX Issue –Cardinalstone

Marketforces Africa - 0
Trade Deficit Reflects Depth of Nigeria’s FX Issues – Cardinalstone. Cardinalstone Partner, a leading investment banking firm headquartered in Lagos has said that trade deficits recorded in the second quarter of 2020 underscores depth of Nigeria’s foreign exchange (FX) issues.
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CBN Moves against Non-Repatriation of Exporters’ FX Proceeds
News

CBN Moves against Non-Repatriation of Exporters’ FX Proceeds

Marketforces Africa - 0
CBN Moves against Non-Repatriation of Exporters’ FX Proceeds. The Central Bank of Nigeria (CBN) has directed all banks in the country to submit the names, addresses and Bank Verification Numbers (BVN) of exporters that have defaulted in repatriating their exports proceeds for further action.
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Guinea Insurance Gross Premium Rises 4% to ₦1.29 billion
News

Guinea Insurance Gross Premium Rises 4% to ₦1.29 billion

Marketforces Africa - 0
Read Also: 5 Investment Firms Downgrade FCMB, Express Concern over Earnings Outlook
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How to Start Sports Betting Business in Nigeria
Entrepreneurs

How to Start Sports Betting Business in Nigeria

Marketforces Africa - 0
How to Start Sports Betting Business in Nigeria. Sport betting is now a multi-billion naira business in Nigeria at the moment and the industry.
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Oil rises after bigger-than-expected drop in U.S. inventories
News

Oil rises after bigger-than-expected drop in U.S. inventories

Marketforces Africa - 0
Oil rises after bigger-than-expected drop in U.S. inventories
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SUNU Assurances Plc Profit Spikes 30% to ₦1.2 billion
News

SUNU Assurances Plc Profit Spikes 30% to ₦1.2 billion

Marketforces Africa - 0
SUNU Assurances Plc Profit Spikes 30% to ₦1.2 billion. SUNU Assurances Nigeria Plc. has announced a 30% increase in profit to N1.2 billion for the financial year 2019. The audited result shows that the company recorded N914 million profit in the 2018 financial year.
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SEPLAT: Oil & Gas Asset Depreciates as Low Oil Prices Hit Revenue
News

SEPLAT: Oil & Gas Asset Depreciates as Low Oil Prices Hit Revenue

Marketforces Africa - 0
SEPLAT: Oil & Gas Asset Depreciates as Low Oil Prices Hit Revenue. Seplat Plc, an independent oil and gas producer in Nigeria, had a rough ride in the first half of 2020 as Oil and Gas asset depreciate due to impacts of outbreak of coronavirus on global prices of oil assets.
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Lafarge WAPCO: Investment Firm Sets 12-month Price Target at ₦26
Analysis

Lafarge WAPCO: Investment Firm Sets 12-month Price Target at ₦26

Marketforces Africa - 0
Lafarge WAPCO: Investment Firm Sets 12-month Price Target at ₦26. Chapel Hill Denham, a strongly rated investment firm, has handed a rather bullish recommendation on Lafarge WAPCO stocks as it advice investors to buy.
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DiamondXtra season 12: Access Bank splashes N87.74m on 1,000 customers
Industries

DiamondXtra season 12: Access Bank splashes N87.74m on 1,000 customers

Marketforces Africa - 0
DiamondXtra season 12: Access Bank splashes N87.74m on 1,000 customers Access Bank Plc on Wednesday splashed N87.74 million on over 1,000 customers who emerged winners at the second quarterly draw of DiamondXtra Season 12 reward scheme. Mr Rob Giles, the bank’s Head, Retail Product Insight and Capabilities, said the winners emerged...
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