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Several panelists were concerned that the arbitrary nature of CBN pronouncements could one day lead to an annexation of dollar deposits estimated at about...
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In a recent announcement, Nigeria’s electricity sector has seen a significant change with the deregulation of meter prices. This change is expected to affect...
In a significant move towards enhancing educational opportunities and addressing poverty alleviation in Nigeria, President Tinubu recently signed the Tinubu Student Loan Act into...
In the dynamic world of economics, few issues garner as much attention and debate as exchange rates. Recently, a discussion unfolded between two experts,...
Wema Bank: From Humble Beginnings to Major Player On May 2, 2024, Wema Bank, one of Nigeria’s oldest banks, turned 79 years old. It’s...
Inflation in Nigeria has soared again, reaching 33.20% in March 2024. This is a jump from 31.70% in February, marking a significant rise in...
Several panelists were concerned that the arbitrary nature of CBN pronouncements could one day lead to an annexation of dollar deposits estimated at about...
Nigeria has failed to attract foreign investments in form of FDIs to its local businesses in recent times.
The call is contained in a press statement signed by the agency’s resident media consultant, Mr Olusayo Akintola.
Within two weeks, the senate approved three different loan requests by President Muhammadu Buhari.
CBN governor, Godwin Emefiele said that he CBN will continue to channel weekly allocations of dollar sales to commercial banks to meet legitimate FX...
The Group stated that the summit would be a collaboration between the public sector and the organised private sector.
Godwin Emefiele disclosed this at the Monetary Policy Committee meeting on Tuesday, 27th July 2021.
The CBN receives about 574 license applications from BDCs every month.
NIPC disclosed the full list of the companies in its report on pioneer status incentive applications for Q2 2021.
Emefiele said the decision was based on BDC operators’ involvement in illegal financial flows and money laundering.