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Nigerian banks urged to support SMEs growth
The Nigerian Senate has urged commercial banks in the country…
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Nigeria’s central bank bans overnight holding of forex purchased at interbank market
*Introduces new spread limit of N1… The Central Bank of…
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Multiple bank charges rise on CBN endorsement as Nigerians pay on average N3.5bn monthly
As Nigeria’s National Assembly meet the Central Bank of Nigeria…
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Fashola’s new directive on direct power purchase to ease Gencos’ liquidity
*Discos’ average market remittance still low at 33% The new…
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Nigeria’s naira lost 99.7% value in 44 years
The Nigerian currency, the naira, has historically lost value of…
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Cash rules as Nigerian ATMs account for 58.9% transactions on e-payment channels
According to the research arm of First Bank of Nigeria,…
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Falling oil revenues, CBN support for naira deplete reserves to $30.49bn
*Reserves fell 0.89% in a month Nigeria's foreign exchange reserves…
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Central bank to sell $100m at forward, spot forex auction
Nigeria's central bank said on Tuesday it will sell $100…
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High treasury bills yield rates crowding out real sector as lenders, investors look more to treasury market
The current returns on Federal Government bonds and treasury bills…
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Musings on the 2017 Budget
By Anthony Aziegbemi, PhD, Econs The 2017 Budget, known as…
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