Banking & Finance
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122SEC Warns Nigerians Against Investing with Risevest, Stecs
The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and...
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201Nigeria’s FX Reserves Plunge by $832m in Two Weeks
Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January...
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209CBN Unveils Nigerian FX Code to Guide Market Participants, Curb Distortions, Others
The Central Bank of Nigeria (CBN) has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline to the...
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171FG Secures $134m from AfDB to Boost Food Production
The federal government has revealed that it secured a $134 million loan from the African Development Bank (AfDB) under the African Emergency...
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166NEITI Expresses Support for Tax Reforms Bills, Wants Policy Gaps Plugged
The Nigeria Extractive Industries Transparency Initiative (NEITI) has backed the tax reform bills currently before the National Assembly. NEITI also identified areas...
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159CBN Unveils Strategy to Tackle Naira Commoditisation
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled a comprehensive strategy to tackle on-going commoditisation of the naira,...
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163Driving Financial Inclusion With Nigeria’s New Multipurpose Payment Card
The federal government has declared the introduction of the much-awaited multi-purpose national payment card as one of the major policies that would...
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200CBN will Build on FX, Remittance Reforms –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the apex regulator was going to build on the...
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2102025 Budget: N’Assembly Proposes ₦25tr Revenue Target for FIRS
The National Assembly Joint Committee on Finance yesterday commended the Federal Inland Revenue Service (FIRS) for surpassing its target last year. The...
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173
CBN Sanctions Banks for ATM Cash Dispensing Failures
In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks...
