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    Monthly Archives: June, 2019

    Naira Depreciates Against USD in Most Market Segments…

    In the just concluded week, NGN/USD rate depreciated at most foreign exchange market segments. Specifically, the NGN/USD exchange rate depreciated at the Interbank Foreign...

    Nigeria’s June Manufacturing PMI Expands Slower to 57.4 Points as Slower Economic Growth Seen in Q2

    Freshly released Purchasing Managers’ Index (PMI) survey report for June 2019 showed slower expansions in both the manufacturing and non-manufacturing businesses amid slower growth...

    Oshiomhole: When a Godfather Becomes Opposition Leader

    Eddy odivwri Hey, what exactly is happening between Adams Oshiomhole and the Edo State Governor? The news from that state are pretty unsettling It is...

    Nigeria President Buhari Calls for Global Action against Organised Crimes

    President Muhammadu Buhari on Friday again stressed the need for collective action against transnational organised crimes by the global community. The President, who made the...

    Nigeria Agrees to Sign African Continental Free Trade Agreement

    Following the recommendation of the Presidential Committee on African Continental Free Trade Agreement (AfCFTA), which submitted its report to President Muhammadu Buhari yesterday, Nigeria...

    2023 Presidential Political Calculations Sparks Demonstrations against Buhari’s kitchen cabinet members

    Adedayo Akinwale in Abuja Cold political calculations and positioning for the 2023 presidential elections are behind recent demonstrations against prominent persons believed to be in...

    Absa concludes $500 million loan

    JOHANNESBURG (Reuters) - South African lender Absa Bank, along with U.S based Bank of America Merrill Lynch and Britain’s Standard Chartered Bank, have signed...

    Kenya’s Q1 economic growth slows, hurt by agriculture

    NAIROBI (Reuters) - Kenya’s economic growth slowed in the first quarter of this year compared with the same period last year due to dry...

    W. Africa Crude-Angolan July overhang clears on signs of optimism for WAF

    LONDON, June 27 (Reuters) - Angola’s last remaining cargoes for July loading were clearing as improving Asian margins and reduced U.S. refining capacity could...

    New Zim dollar triggers horror memories of hyper-inflation

    It comes with a hike in short-term interest rates to 50% to curb inflation of 100%.

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