August 6, 2024/Dangote Group Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding […]
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Currency in Circulation Rose Despite Hawkish Monetary Policy Measures
August 2, 2024/FBNQuest Research According to data from the Central Bank of Nigeria (CBN), the total currency in circulation (CIC) increased to an all-time high of N4.1trn, marking a 56% year-on-year (YoY) increase compared with N2.6trn in July 2023. The CBN’s data also reveals that 94% (N3.8trn) of the currency […]
SEC Proposes Joint Data Standards Under the Financial Data Transparency Act of 2022
August 2, 2024/US SEC Securities and Exchange Commission today proposed joint data standards under the Financial Data Transparency Act of 2022 that would establish technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have proposed or are expected to propose the joint standards: the Board of […]
