Banking & Finance
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411Central Bank Sells Dollar to BDCs at ₦1,101/$1
The Central Bank of Nigeria (CBN) has again crashed dollar to naira rate by announcing the sales of dollars to Bureau De...
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197Bank Recapitalisation: Expert Lists Pros and Cons
A former Executive Director, Corporate Banking and South, Keystone Bank, Yemi Odusanya, says the capital raise by the Central Bank of Nigeria...
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194Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors...
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213Weekly Market Report: Mixed Performances Across the Globe
Global Economy According to final data from the Bureau of Economic Analysis (BEA), the United States (US) economy grew by 3.4% in...
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223Visa and Mastercard agree to $30b settlement that will lower merchant fees
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have...
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302Post MPC: CBN Raises Interest Rate to 24.75%
In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) again voted to raise the...
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451Central Bank Sells Dollar to BDCs at ₦1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been...
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227Pre-MPC: More Rate Hikes Ahead
The Monetary Policy Committee (MPC) has slated its second meeting of the year for 25th and 26th of March, deviating from its...
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243Financial Reporting Council Warns Corporate Entities against Falsification
…Business News In Brief The Executive Secretary/Chief Executive, Financial Reporting Council of Nigeria, Rabiu Olowo, yesterday warned corporate and government entities in...
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209Global Money Week: CBN, NGX, Partners Boost Students’ Financial Literacy
Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial literacy level...
