Business and Finance
MTN shares rise 8.9 per cent on planned CBN meeting over $8.1b claim
MTN shares rose by 8.9 per cent on the Johannesburg Stock Exchange, South Africa, yesterday, following Central Bank of Nigeria...
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CBN, government, financial institutions promise to tackle MSMEs’ challenges
The Federal Government, Central Bank of Nigeria (CBN) and other financial institutions in the country yesterday in Abuja said challenges...
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MTN drags AGF, CBN to court over $10.1bn tax demand, funds repatriation
MTN Nigeria yesterday filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF)...
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CBN licenses 366 new BDC operators
The Central Bank of Nigeria issued new operational licences to 366 Bureau De Change operators between January 2018 and May...
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CBN to Float N1.02trn Fresh TBs in Q4’18
The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion in the fourth...
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Telcos push to expand financial inclusion to 90m Nigerians by 2020
The Nigerian mobile operators under the umbrella of Association of Licensed Telecommunications Operators of Nigeria, ALTON, appear to be in...
Read moreCBN debits banks N5 billion over MTN funds repatriation
The Central Bank of Nigeria, CBN, has debited the accounts of three banks to the tune of over N5 billion,...
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Fines: CBN deducts N5.61bn from accounts of three banks
The Central Bank of Nigeria has debited the accounts of three banks to the tune of N5.61bn, being the total...
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Nigeria loses $50bn to illegal financial flows yearly, says CISLAC
Nigeria has been losing about $50 billion to illicit financial inflows (IFF) through money laundering, tax evasion and corruption yearly,...
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Customs record highest monthly revenue of N140.4bn
The Nigeria Customs Service on Tuesday said it recorded its highest-ever monthly revenue collection of N140.41bn in August. The Public...
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