Finance
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THE COMING SUBSIDY REMOVAL – BOOBY TRAPS AND ESCAPE ROUTES
Every presidential candidate in the recently concluded presidential election – save probably for Omoyele Sowore – promised to remove…
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Crude oil sales rise by 46% to N21tn – NBS
Nigeria’s crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This is…
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Advancing The Cashless Policy: Adoption Of The eNaira As A Mode Of Payment By Government.
In recent times, the Nigerian government has made significant strides towards a cashless society, with the introduction of the eNaira…
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S’Court order on old notes: Banks in partial compliance, begin skeletal re-circulation
Deposit Money Banks in the country have begun partial compliance with the Supreme Court order approving the use of…
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NEEDED URGENTLY – A REJIGGED FINANCIAL MARKETS INFRASTRUCTURE IN NIGERIA
Myriads of lessons have been learnt from the cash swap and currency redesign experiment in Nigeria in the past few…
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CBN releases N114bn under 100-for-100 policy
The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the…
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Fintech booms as naira crisis stretches banks’ digital platforms
The naira crisis and the failure of banks to rise to the occasion have prompted customers to embrace mobile money…
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Bank customers borrowed N947bn amid naira scarcity
Deposit Money Banks offered 130,854 new credits valued at N947.46bn to their customers in December 2022, according to a document…
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Banks’ assets rise to N73tn – CBN
Total assets of the banking industry grew by N14.36tn or 24.24 per cent from N59.24tn at the end of December…
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Falana writes CBN, demands details of new naira notes distribution
Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of…
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