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Naira crashes further to N848.12 despite CBN’s policy reversal

NAIRA closed at N848.12 to the dollar on Tuesday, October 17, at the official window days after the Central...

CBN raises concern over cheque rejection, to penalise banks

THE Central Bank of Nigeria (CBN) has expressed worry over the increasing rejection of banks' cheques, threatening sanctions on...
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Nigeria’s headline inflation defies FG’s palliatives, hits 18-year high at 26.72%

NIGERIA's headline inflation rose to 26.72 per cent in September 2023 from 25.80 per cent in August, despite the...

NNPC’s price ceiling creates business risk for marketers as queues linger

THE price ceiling regime enforced by the Nigerian National Petroleum Company Limited (NNPC) in a deregulated market is pushing...
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Nigeria to face higher debt burden in 2024, says IMF

NIGERIA will face a higher percentage of debt to gross domestic product (GDP) burden in the coming year, according...

ABCON urges speedy implementation of policy as CBN unbanned 43 items 

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)...
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