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Money & Markets
CBN Should Lift Ban On BDCs Participation In I&E Window– Muda Yusuf
The current crash in the naira is raising doubts about the exclusion of Bureau De Change operators from the…
Naira Falls Further To N769 At I&E Window
Naira depreciated to N769.25 against the dollar in the second quarter of the year after the Nigerian Government…
Nigeria’s Dollar-Bonds Gain As Investors React Positively To…
Nigeria’s Eurobonds recorded a jump as foreign investors reacted positively to the suspension of Governor Godwin…
Nigerian Stocks Gain N1.5trn On First Trading Day After Tinubu’s Inauguration
The Nigerian stock market has greeted the new administration headed by Bola Tinubu on a positive note as market…
Dollar Falls To N755 At Black Market As Tinubu Vows To Unify Exchange Rate
Nigeria's unofficial foreign exchange market reacted positively on the inauguration day of Bola Ahmed Tinubu as…
BREAKING: CBN Revokes Licenses Of 179 Microfinance Banks As NDIC Assures Of Speedy…
The Central Bank of Nigeria on Tuesday revoked the operating licenses of 179 microfinance banks in the country.
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Banks Struggle To Meet Daily Cash Obligations, Borrow N432bn From CBN
Banks in Nigeria are facing liquidity drought and have resorted to borrowing from the Central Bank of Nigeria…
Easter: Food Prices Soar In Abuja As Traders Revert To Cash Payments
As Nigerians prepare to celebrate this year’s easter, food prices have increased slightly, in continuation of a…
Naira Scarcity Pushes E-Payment Transaction Up By 41%– Report
In view of the cash scarcity which has hit the country in recent times, citizens have turned to e-payment as a…
Nigerian Stock Market Dips Further Amidst Tinubu’s Victory
The Nigerian stock market on Thursday continued its losing streak triggered after the announcement of the All…