A surge in demand for dollars in the parallel market driven by banks and end-users combined…
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Federal Govt Launches Oil & Gas Fiscal Incentives, Targets $10bn Investment
In a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy,…
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Customs FX rate for import duties drops to N1238/$
The Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for duties to…
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CBN raises capital base for mega banks to N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks…
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FG directs banks to deduct 0.375% stamp duty charges on all loans
The Federal Government has directed commercial banks in the country to henceforth deduct and remit 0.375%…
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Detained Binance executive escapes from custody, flees Nigeria
Nadeem Anjarwalla, one of the executives from Binance detained in Nigeria on allegations of tax evasion and other…
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Naira hits two-month high of N1,382 on CBN’s FX reforms
Nigeria’s naira rose to a two-month high of N1,382.35 per dollar on Thursday at the official foreign…
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Access Bank Targets 100% Ownership Acquisition Of National Bank Of Kenya
Access Bank Plc and KCB Group Plc (KCB) have signed a binding agreement to acquire 100…
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Binance Nigeria: Crypto Crackdown Deepens Amid Currency Speculation Probe
The crackdown on cryptocurrency exchanges in Nigeria intensifies as the government detains two Binance executives amidst…
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Qatar makes U-turn, says will host Tinubu as scheduled
The Embassy of Qatar has refuted recent media reports claiming the cancellation of the visit by President Bola…
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