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Category: Markets

Get the latest Nigeria Investment news headlines from Codewit! News.

Oil Slides on Fresh Worries about US Rate Hike
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Markets

Oil Slides on Fresh Worries about US Rate Hike

Agency Report Agency ReportJune 24, 2022June 24, 2022
Oil prices dropped nearly $2 a barrel on Thursday as fresh worries emerged that the interest rate hikes in the United States would slow economic growth. Brent crude futures settled...
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Nigeria unarguably has one of the most expensive debt servicing obligations in the world
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Markets Nigeria News

Nigeria unarguably has one of the most expensive debt servicing obligations in the world

Kelechi DecaJune 21, 2022
Nigeria unarguably has one of the most expensive debt servicing obligations in the world. But they will never tell you about it. Not the DMO, the Minister of Finance, or...
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Markets

Jumia Nigeria Announces Juliet Anammah as New CEO

Agency Report Agency ReportJanuary 7, 2016May 15, 2022
The e-commerce leader in Africa formalizes the appointment of Mrs Juliet Anammah at the head of Jumia Nigeria, Africa Internet Group’s (AIG) LAGOS, Nigeria, December 28, 2015/ -- The e-commerce...
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Markets

Super Deal Weekend: Supermart.ng offers up to 30% discount on hundreds of grocery items.

Tayo Alofun Tayo AlofunNovember 28, 2015May 15, 2022
Lagos, 25/11/2015: To kick start the festive shopping season, Supermart.ng, Nigeria’s leading online supermarket & grocery delivery service has promised up to 30% per cent discount on your grocery shopping...
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Markets

FMBN set to partner LGs on housing initiatives

Maris Naomi MarisOctober 19, 2015May 15, 2022
THE Federal Mortgage Bank of Nigeria, FMBN, is set to engage with the 774 local government areas in the country on how best the bank’s housing initiatives can be extended...
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Markets

“There might be petrol scarcity soon” – oil marketer

Maris Naomi MarisOctober 16, 2015May 15, 2022
Some marketers on Thursday expressed concern over the shutdown of all loading depots of the Pipelines Products Marketing Company (PPMC) in the South West due to activities of vandals. The...
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Markets

Customs boss orders removal of rice from import restriction list at land borders

Maris Naomi MarisOctober 7, 2015May 15, 2022
The Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered that rice be removed from  import restriction list and the re-introduction of import duty payment at land borders with immediate...
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Markets

Alison-Madueke, House to Square off over NLNG $14.9bn Remittance to NNPC

Maris Naomi MarisMarch 2, 2015
 A fresh feud may be brewing between the House of Representatives and the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. THISDAY, in the company of some select newspapers, learnt that...
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Markets

AfDB Grants NEXIM Bank $302,000 for Regional Maritime Project

Maris Naomi MarisMarch 1, 2015
The Nigerian Export-Import Bank (NEXIM Bank) has received a financial grant of $302,000 (about N60m) from the African Development Bank (AfDB) to further promote the establishment of a regional maritime...
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Markets

Forte Oil, Nestle, Nigerian Breweries Whet Investors’ Appetite with Dividend

Maris Naomi MarisMarch 1, 2015
 There are strong indications that despite the underlying oil price shock currently rocking the nation’s economy and the  plunge in prices of stocks, Nigerian investors may be heading towards a...
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