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Demand For Dollar Reduces As Naira Reaches Eight-Month High
The Nigerian naira appreciated to an eight-month high of ₦1,474.78/$ at the official foreign exchange…
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Banks Settle USSD Debt, Prevent USSD Disconnection
Nine Nigerian banks that faced potential disconnection from Unstructured Supplementary Service Data (USSD) services due…
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Dollar Depreciates In Forex Market Following CBN’s New Policy
The Naira experienced a fast appreciation in the foreign exchange (FX) market following the Central…
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CBN Set to Complete $2.4bn FX Backlog Verification, Payments to Follow Soon
The Central Bank of Nigeria (CBN) has announced that it is in the final stages…
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CBN Directs NIBSS To Deduct Banks For Fraudulent Transactions, Enforcing Accountability
In a bold move to fight fraud in Nigeria’s financial sector, the Central Bank of…
Posted inBusiness Editorials Picked for you
CBN Waives 2025 License Fees for Bureau de Change Operators
In a move aimed at easing the financial burden on businesses, the Central Bank of…
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CBN Unveils New FX Code to Boost Market Integrity and Transparency
The Central Bank of Nigeria (CBN) has taken a significant step towards modernizing the Nigerian…
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Key Challenges Facing Nigeria’s Naira And It’s Stability
Nigeria's quest for naira stability faces significant challenges, including large fiscal deficits, a growing debt…
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Key Drivers Of Nigeria’s Economic Transformation In 2025
As Nigeria approaches 2025, the country’s economy stands at the edge of a significant transformation.…
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Top Challenges Facing Nigeria’s Manufacturing Sector
The Nigerian manufacturing sector continues to face significant hurdles that weaken productivity and growth, according…