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Business
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…
Guinness Nigeria appoints new MD/CEO
The board of Guinness Nigeria Plc has announced the appointment of Mr Baker Magunda as its new Managing Director/Chief Executive…
CBN lists punishments for Naira mutilation offenders
The Central Bank of Nigeria (CBN) has once more warned against mutilating the naira. It also warned that any person caught…
First Bank excites social media users, launches chat banking on WhatsApp
Determined to ensure effective service to its customers, First Bank of Nigeria on Thursday unveiled its chat banking on WhatsApp.…
FMDQ partners Reuters to promote Nigerian Financial Market
A move has been made to deepen capacity to help drive liquidity and enhance the visibility of the Nigerian financial market to…