Economy
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Zenith Bank mgt set to open Manchester branch to boost UK–Africa trade
Zenith Bank Plc says it will open a new branch in Manchester, United Kingdom, to strengthen trade and financial links…
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Nigerian capital market to adopt T+1 settlement cycle May 29
The Nigerian capital market will transition to a T+1 settlement cycle from May 29, as part of efforts to enhance…
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CBN releases new rules on BVN, instant transfers, dormant accounts
The Central Bank of Nigeria (CBN) has issued new directives affecting the Bank Verification Number (BVN), instant payment services and…
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Fuel price hike: FCT residents lament transport fare surge
Residents of the Federal Capital Territory, FCT, have raised concerns over rising transport fares following the recent increase in petrol…
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Again, crude oil prices surge above $100 per barrel
Crude oil prices have again surpassed $100 per barrel as the ripple effects of the Iran-United States-Israel war bite harder…
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FX market reforms raise capital inflows by 200% – Cardoso
Mr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved…
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Stock Market rebounds as investors gain N648bn
The Nigerian stock market rebounded on Thursday after two consecutive sessions of decline, with investors gaining N648 billion in market…
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Tinubu nominates Lamido Abubakar Yuguda CBN Deputy Governor
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, CBN, subject…
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FG monitoring Middle East to safeguard Nigeria’s economic stability — Edun
The Federal Government of Nigeria has revealed that it is closely monitoring escalating geopolitical tensions in the Middle East involving…
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PETROAN tasks NNPC on domestic refining to curb global shocks
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Nigerian National Petroleum Company Limited (NNPC Ltd.)…
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