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Tag "Agusto and Co"

Experts: CBN’s directive to IMTOs will temporarily stabilise FX rate — but shadow operators may emerge

    Experts: CBN’s directive to IMTOs will temporarily stabilise FX rate — but shadow operators may emerge

Nigerian banks, on February 13, 2024, announced that dollar transactions through international money transfer operators (IMTOs) will now be paid to customers in naira. The policy is an offshoot of

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Banks to pay IMTO dollar transactions in naira after CBN’s directive

    Banks to pay IMTO dollar transactions in naira after CBN’s directive

Nigerian banks will begin to pay dollar transactions through international money transfer operators (IMTOs) to customers in naira. The decision, according to a notice to customers, follows the recently announced

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Agusto: Nigeria’s pension assets to rise to N19trn by end of 2024

    Agusto: Nigeria’s pension assets to rise to N19trn by end of 2024

Agusto & Co, a Pan-African credit rating agency, projects that Nigeria’s total pension assets will rise to an impressive N19 trillion by the end of 2024. The agency’s projection is

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Agusto: Naira likely to appreciate to N650/$ at parallel market in 2023

    Agusto: Naira likely to appreciate to N650/$ at parallel market in 2023

Agusto & Co, Pan-African credit rating agency, projects three percent economic growth for Nigeria in 2023. The agency’s projection is contained in its recently released report titled ‘2023 Outlook: Nigeria,

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EXPLAINER: Credit ratings in Nigeria and why it matters

  EXPLAINER: Credit ratings in Nigeria and why it matters

Last month, Moody’s Global Services concluded plans to acquire a 51 percent majority stake in Global Credit Rating Company Limited

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IMF projection: FG working to increase revenue, says DMO on Nigeria’s debt sustainability

  IMF projection: FG working to increase revenue, says DMO on Nigeria’s debt sustainability

The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria may spend 92.6

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