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Naira Appreciation Faster Than Expected, Say BDC Operators
The Association of the Bureau De Change Operators of Nigeria (ABCON) says the Nigerian currency Naira has appreciated faster than...
FG, States And LGCs Shares N1.149Tr For January 2024 – FAAC
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 billion January 2024 Federation Account Revenue to...
Nigeria Attracts $1 Billion of Inflows in Two Weeks Since Revamp – Bloomberg
Nigeria’s foreign exchange market attracted more than $1 billion in the past two weeks as market confidence improved following the...
FG To Enhance Manufacturers, Others With N200bn Loan
The federal government has, through the Federal Ministry of Industry, Trade, and Investment (FMITI), established three funds totalling N200 billion...
Price Hike Looms In Nigeria As CBN Increases Customs Exchange Rate
Price increments are imminent as the Central Bank of Nigeria, CBN, raised the Nigeria Customs Service exchange rate for importation...
CBN Releases $500m To Clear Foreign Exchange Backlog
The Central Bank of Nigeria (CBN) has released $500 million to various sectors to further address the backlog of verified...
Dangote Cement Passes N13trn Market Capitalisation
As the equities market maintained its positive momentum, Dangote Cement Plc on Monday crossed the N13trilliion in market capitalisation on...
Naira Hits Record Low Of N1,410/US$ At Parallel Market
The naira has hit a record low at the parallel section of the foreign exchange market. The local currency closed...
Pump Prices Of Petrol To Fall Soon – CBN Governor
The pump prices of petrol will fall over this year as government and private-owned refineries begin operation, CBN Governor, Olayemi...
FINTECH Guru, Jesam Micheal To Opens Biggest Apple Store In Lagos
Jesam Micheal, the Fintech Expert cum entrepreneur genius is set to open the biggest apple store, AAS Apple store in...
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