Odinaka ANUDU

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Explainer: Why weekly dollar inflows into Nigeria rose by 500 percent

THE Central Bank of Nigeria (CBN) governor has disclosed that weekly remittances into Nigeria have increased from 5 million...
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Oando, ABC Transport, Japaul lead top gainers on Wednesday

OANDO, ABC Transport, Japaul Gold and Royalex led top gainers in the equities market on Wednesday, with the four...
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The pros, cons of Nigeria’s cryptocurrency ban

ON February 5, the Central Bank of Nigeria (CBN) sent a circular to financial institutions, instructing them to immediately...
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Manufacturers identify dollar scarcity, cost of funds as biggest business impediments

THE Manufacturers Association of Nigeria (MAN) says scarcity of foreign exchange (FX) and high cost of funds are two...
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Stop mounting pressure on agencies to meet revenue targets, LCCI urges FG

THE Lagos Chamber of Commerce and Industry (LCCI) has urged the federal government to stop putting severe pressure on...
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CBN retains interest rate, warns against second lockdown

THE Central Bank of Nigeria (CBN), on Tuesday, retained the monetary policy rate (MPR), which is the benchmark interest...
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