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CBN clarifies issues on 50% crude oil proceeds repatriation

THE Central Bank of Nigeria (CBN) has clarified earlier directives to banks regarding foreign exchange "cash pooling" requirements on...
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MTN widens losses to N392.69bn in Q1, shows sign of financial distress 

MTN Nigeria Communications Plc continues to perform poorly, posting a loss after tax of N392,694 billion in the first...
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Stakeholders set agenda for newly appointed SEC boss

THE newly appointed Director General (DG) of the Securities and Exchange Commission (SEC), Emomotimi Agama, has a lot that...
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SEC to delist naira trading on peer-to-peer platforms

THE Nigerian Securities and Exchange Commission (SEC) has vowed to delist naira trading on peer-to-peer (P2P) platforms to rid...
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FIRS directs banks to deduct stamp duty charges on mortgages

THE Federal Inland Revenue Service (FIRS) has reportedly asked the Nigerian banks to deduct a 0.375 per cent stamp...
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Palliatives worsening Nigeria’s inflation, CBN tells Nigerian government

THE Central Bank of Nigeria (CBN) said it had identified palliatives as a new contributing factor to rising food...
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