The Nigerian National Petroleum Company Limited, on Sunday, said it would prepay future royalties and taxes…
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CBN pays $2bn in outstanding Forex liabilities
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its…
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Oil Giants Secure Approval To Sell Dangote Refinery Fuel, Boosting Industry Momentum
No fewer than seven major oil marketing companies have been selected to sell fuel produced by…
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CBN appoints new managers for dissolved Union, Keystone, Polaris banks
Hours after it announced the dissolution of the boards and managements of three banks yesterday, the Central…
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Naira falls to N1089/$ on official I&E window
The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday. The currency…
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Naira Bounces Back Against US Dollar As CBN Moves To Clear Forex Backlog
Nigeria’s currency, the Naira gained back some value against the United States (US) dollar at the authorised…
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Naira depreciates to N1,240/$ in official market
The naira yesterday depreciated to N1,240 per dollar in the parallel market from N1,235 per dollar…
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Naira Falls To N1,035/$ At Official Market
The Nigerian currency, Naira, experienced a significant drop, reaching N1035.12 against the US dollar at the official Nigerian…
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CBN bars crypto bank account operators from cash withdrawal
Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the…
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Stock Market Recovers, Gains N402bn
The local stock market bounced back yesterday, paring previous session losses, as the market capitalisation surged…
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