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Dangote Refinery Will Boost Forex Earnings For Nigeria— Rewane

The Dangote Refinery which the Nigerian government calls a ‘game changer’ has been described by reknowned Economist and the Chief Executive Officer of Financial...

Business

Accusation Of Terrorists Financing Enough For Emefiele To Resign As CBN Governor– Olumide-Fusika

A Senior Advocate of Nigeria has called on President Muhammadu Buhari to intervene on the dispute between the Central Bank of Nigeria Governor, Godwin...

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Despite High Pricess, NBS Said Inflation Dropped To 21.34% In December– NBS

Nigeria’s inflation decelerated to 21.34 per cent in December 2022, the first drop in more than nine months.This was revealed in the inflation report...

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Nigeria Loses N12.5trn Annually To Subsidy, CBN FX Sales Discounts– Muda Yusuf

Nigeria loses about N12.54trn annually to fuel subsidy and sale of forex at the official window discount rate, the Chief Executive Officer of the...

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‘Our Account With CBN Not Blocked’– Polaris Bank Reacts To Court Order

Polaris Bank Limited has denied any court order demanding the Central Bank of Nigeria to freeze its account over an alleged mismanagement of the...

Business

In Fresh Move To Combat Money Laundering, CBN Directs Banks To Publish Beneficial Owners Of Accounts, Others

The Central Bank of Nigeria has directed banks and other financial institutions to unveil beneficial owners of accounts belonging to their customers.The apex bank...

Business

Accept, Respect Redesigned Naira Notes, CBN Begs Nigerians

The Central Bank of Nigeria has urged Nigerians to accept, use and respect the redesigned Naira notes which were unveiled in November last year...

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World Bank Lists Nigeria Among Countries With Acute Food Insecurity

Nigeria may be set for one of its worse food crisis as the World Bank has listed the continent’s biggest economy among countries with...

Business

Emefiele ‘Returns’ To Nigeria But Yet To Resume At CBN

Godwin Emefiele, the Governor of the Central Bank of Nigeria, has reportedly returned to the country but is yet to resume work.Reports by Premium...

Business

Inflation Will Defy CBN’s Monetary Policy Efforts, To Hit 21.6%– Cape

Cape Economic Research and Consulting has predicted a surge in Nigeria’s inflation amidst the Central Bank of Nigeria’s Monetary tightening stance.CAPE said inflation will...

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