The All Farmers Association of Nigeria, on Wednesday, said most beneficiaries of the billions of naira released by the Central Bank of Nigeria under its Anchor Borrowers’ Programme were not …
CBN
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AgricultureBanking, Finance & InvestmentBusinessEconomyNigeria
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Banking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeria
Asset Management Corporation of Nigeria’s liabilities hit N5.7tn in 2022
Asset Management Corporation of Nigeria’s liabilities stood at N5.72tn as of the end of the first half of 2022. The Financial Markets Department of the Central Bank of Nigeria disclosed …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesUncategorized
MoMo Payment Service launches bill payment options for it’s users
MoMo Payment Service Bank has launched a bill payment options for its users. According to the firm, this option will allow users access to an inexpensive way to purchase prepaid …
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Naira weakened against the U.S. dollar on Wednesday, depreciating 0.11 per cent at the official market. According to data published on FMDQ websites, where forex is officially traded, the naira …
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Godwin Emefiele, The Governor of the Central Bank of Nigeria had ealier announced that the President, Major General Muhammadu Buhari, will unveil the New naira notes during the weekly Federal …
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Banking, Finance & InvestmentBusinessEconomyNigeria
CBN directs commercial banks to begin Saturday operations till January 31, 2023
The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank customers to return old naira notes for …
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Banking, Finance & InvestmentBusinessEconomyNigeria
ICAN advises Central Bank of Nigeria on currency redesign and economic growth
The President, Institute of Chartered Accountants of Nigeria, Mallam Tijani Isa, has advised the Central Bank of Nigeria to find a lasting solution to the economic challenges occasioned by its …
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BusinessEconomyFinance & ServicesNigeria
Federal Government to grow Nigeria’s gross domestic product to $9tn in the next 28 years
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
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AviationBanking, Finance & InvestmentEconomyNigeriaTransportation & Logisitics
Emirates suspends flights to Nigeria over the inability to repatriate $85 million in it’s revenue
Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …
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Banking, Finance & InvestmentBusinessEconomyMarketsNigeria
EFCC raids Bureau de change operators in Abuja as Naira falls rapidly
Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …