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Bank debtors, businesses to pay more as CBN hikes interest rate to 27.50%

BANK debtors and  businesses are to pay higher interest rate henceforth, as the Central Bank of Nigeria (CBN) has raised...

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
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Nigerian businesses at risk under floating exchange rate

MANY Nigerian businesses and traders have raised concerns about the negative impacts of Central Bank of Nigeria (CBN) policies...

COVID-19: Inflation level is expected to rise in six months- CBN

THE Central Bank of Nigeria (CBN) has concluded that due to the effect of COVID -19, inflation level will...
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Let there be light: Nigeria’s dawns of dashed hopes on electricity

By Adebayo HASSAN and Jayne AUGOYE OILFIELDS across Nigeria's resource-abundant Niger Delta spew high flames that blur the difference between...

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