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Diamond recovers as Skye Bank continues on losing streak

Diamond Bank recovers for the first time in four trading days, after losing about 27 percent of its share value in the past three trading days. Skye Bank however continued

7 days after slashing Nigeria’s GDP, Fitch downgrades Lagos

Just seven days after slashing Nigeria’s Gross Domestic Product (GDP) growth rate to 1.5percent for 2016, Fitch Ratings has downgraded Lagos State on its credit ratings. On June 23, Fitch

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2016 budget suffers setback as Fitch downgrades Nigeria, puts GDP growth at 1.5%

Fitch, Moody, S&P, the biggest credit rating firms in the world, have all downgraded Nigeria’s credit ratings, making it all the more difficult to fund the 2016 budget. In March,

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Market gains as election apprehension ends

The Nigerian Stock Exchange (NSE) showed a 8.33 per cent rise in market indices on Wednesday, its single biggest gain this year as Muhammadu Buhari was declared winner of the

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