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External reserves decline by $251m
...as CBN injects fresh $210m into forex market
Latest data from the Central Bank of Nigeria (CBN) on Tuesday showed that the…
CBN releases fresh $210m into forex market
The Central Bank of Nigeria (CBN) on Tuesday released the sum of $210 million to the foreign exchange (forex) market.
This was…
Skye Bank Merchant, Gidado emerge tops at mCash Re-Launch
Skye Bank mCash Merchant, Sulaiman Gidado, has emerged one of the top performing agents in the country.
Nigeria Inter-bank…
Diamond Bank to conclude sale of UK subsidiary before year end – Official
The Managing Director/Chief Executive Officer (CEO) of Diamond Bank Plc, Mr Uzoma Dozie, has disclosed that the bank will conclude…
SEC proposes N1b capital for nominee companies
The Nigerian Securities and Exchange Commission (SEC) has proposed new rules to serve as guide to nominees companies operating in…
Nigeria’s oil exports rise by 1.9 per cent in July
The volume of crude oil exported by Nigeria in the month of July 2018 increased by 1.90 percent compared to last month's.…
UK rejects consignment of agricultural produce from Nigeria
The United Kingdom authorities have rejected a consignment of agricultural produce from Nigeria worth N5 million for failing to…
Scarcity: CBN releases lower naira notes to traders
The Central Bank of Nigeria (CBN) says it has begun the disbursement of lower denomination of naira notes directly to the traders.…
Forex: CBN revised manual takes effect
The recently review manual for the foreign exchange (forex) market in the country took effect on Wednesday, August 1, 2018.
This…
Breach of contract: Court orders First Bank to pay Agbakoba N266m damages
First Bank of Nigeria Limited has been ordered by a federal high court sitting in Ikoyi, Lagos, to pay one of its customers, Mr…