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...
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Nigeria’s cinema generated N6.94bn revenue in 2022
The Cinema Exhibitors Association of Nigeria has generated N6.94 billion as revenue in 2022. The CEAN National President, Mr Opeyemi...
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Naira hits N740/$1 at parallel market
The exchange rate between the naira and the US dollar appreciated on Wednesday, 11th January 2023, to trade at an...
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FG says Nigeria to end fuel imports by 2024
The Nigerian Government said it will put an end to the importation of fuel by 2024, citing the commencement of...
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CBN orders banks to stop putting old naira notes in ATMs
The Central Bank of Nigeria (CBN) has mandated commercial banks to stop putting old naira notes in their automated teller...
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Naira crash to N745/$1 Exchange Rate at Parallel Market
The exchange rate between the naira and the US dollar depreciated on Monday, 9th January 2023, to trade at an...
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Alarm over national debt unnecessary – DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the...
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Why new naira notes leaves ink when rubbed on white surface
The Nigerian Security Printing and Minting (NSPM) Plc, the company responsible for producing Nigeria’s currency, has explained why the new...
Read moreCBN orders banks to stop over-the-counter withdrawal of new naira notes immediately
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks to immediately stop the payment of the new naira...
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Incoming president to inherit N77trn dedtBuhari’s -DMO
Patience Oniha, director general, Debt Management Office (DMO), says the incoming administration would inherit about N77 trillion as debt by...
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