Business

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The Central Bank of Nigeria (CBN) has decided to inject another 100 million dollars to authorised dealers as its intervention to stabilise the foreign exchange market on Thursday. This was disclosed in  a statement by the Acting Director ...
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Business

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular released on Friday, the apex bank instructed banks to revert to old charges and refund customers who had ...
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Business

The naira Monday appreciated to N403 per dollar in the parallel market following indication that the CBN will sell $20,000 to each BDCs this week, up from the $10,000 usually sold to each BDC. Though the naira closed ...
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Business

Forbes, a renowned American business magazine, has released the list of richest people in Nigeria in 2017. In the latest ranking, nine Nigerians made the billionaires club cut with some, just few million dollars away from reaching the benchmark. ...
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The apex bank made the announcement via its twitter handle this morning ...
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Business

Mo Abudu is the featured guest on this week’s episode of CNN African Voices.  The 30-minute magazine programme premiered on CNN this morning at 10.30 a.m (CAT), with repeat editions scheduled for today, Saturday 25th March at 2.30 ...
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Business

The value of the Naira continued to improve against the dollar as the local currency was traded at N385 to the greenback on Thursday evening in Abuja. Naira had also appreciated against the Euro, exchanging at N400 while remaining ...
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Business

The Central Bank of Nigeria (CBN) has announced that new charges on deposits and withdrawal made by Nigerians in Banks.   In a circular released, the apex bank said the decision was made at the 493rd bankers committee ...
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Business

The Securities and Exchange Commission, on Thursday said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest in crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual ...
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Business

The naira fell further against the United States dollar at the parallel market on Friday to 493, from 490 on Thursday. Forex traders said the local unit plummeted following an increased demand for the dollar and other hard ...
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