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FRC clarifies position on IAS 29 for hyperinflationary economies
THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International Accounting Standard (IAS) 29, Financial Reporting...
N521bn repayments boost money market liquidity last week
THE Nigerian money market witnessed a significant boost in liquidity last week, fueled by repayments totaling N521 billion. This inflow alleviated liquidity pressures,...
Bears dominate as system liquidity closes at N517.9bn
THE Nigerian financial market recorded a bearish trend last week as system liquidity settled at ₦517.9 billion, reflecting a significant 211.0% week-on-week (w/w)...
2025: CBN committed to properous economy —Cardoso
AS 2025 begins, the Central Bank of Nigeria (CBN) reaffirms its commitment to fostering a resilient and prosperous economy.In a post shared on...
Financial analysts advocate for BVN, technology integration in streamlining banks’ capital raise verification
FINANCIAL analysts have urged the Central Bank of Nigeria (CBN) to leverage technology and Bank Verification Numbers (BVNs) to address delays in verifying...
Inflation uptrend bolsters investors demand for higher fixed-income market yields
THE persistent uptrend in inflation has significantly bolstered investor demand for higher yields in Nigeria’s fixed-income market. As the country grapples with soaring...
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