Business and Finance
CBN injects fresh $210m into forex market
The Central Bank of Nigeria on Tuesday injected $210m into the interbank foreign exchange market. The CBN said in a...
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Stock market year-to-date decline worsens to 7.4 percent on weak investor appetite
The year-to-date decline of the Nigerian Stock Exchange (NSE) All-Share Index worsened to 7.4 per cent yesterday as the stock...
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Dangote refinery to save $7.5bn through import substitution
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over...
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MSMEs inability to access N220 billion fund worries central bank
The Central Bank of Nigeria has expressed displeasure over the non-accessibility of the Micro, Small and Medium Enterprises (MSMEs) N220billion...
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Naira appreciates to N361.96/$ in I&E window
THE Naira, yesterday, appreciated to N361.96 in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative...
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Stock prices retreat as NSE 30 operating margins drop
Stocks continued its downward march on Friday as operating margin reported in second quarter results show a marginal decline for...
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CBN releases lower naira notes to traders
The Central Bank of Nigeria says it has begun the disbursement of lower denomination of naira notes directly to the...
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CBN to Develop Risk-based Cyber Security Framework for Banks
The Central Bank of Nigeria (CBN) is developing a risk-based cyber security framework for deposit money banks (DMBs) and payment...
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Nigeria’s crude export rises to four month high
Nigeria’s crude exports rose in July, for the first time in four months as Shell lifts export restrictions on key...
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CBN holds 1st Chinese yuan currency auction
he Central Bank of Nigeria (CBN) at the weekend sold yuan at a range of 49-51 naira in its first...
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