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CBN Dismisses False Claims of $30 Billion Currency Conversion, Labels It a National Threat
The Central Bank of Nigeria (CBN) has strongly refuted rumors that the Nigerian government is…
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Banks Release Dollar Reserves, Enhancing Stability in the Foreign Exchange Market
The Nigerian foreign exchange (FX) market has shown signs of recovery, with the naira strengthening…
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FCMB Group Records Impressive 306% Growth in Income, Reaches N146bn in 2023
FCMB Group has reported a remarkable financial performance for the year ending December 31, 2023,…
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Access Holdings Expands Footprint with Launch of Oxygen X and Acquisition of Megatech Insurance Brokers
Access Holdings, a leading force in the financial sector, has received approval from the Central Bank…
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Surge in Digital Payment Adoption Amid Ongoing Naira Shortage
The ongoing naira shortage in Nigeria has forced a significant shift in how individuals and…
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CBN Orders First Bank to Recover Loan from Otudeko’s Honeywell Flour Mills
The Central Bank of Nigeria (CBN) has instructed Honeywell Flour Mills, owned by Oba Otudeko,…
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Nigeria’s USSD Debt Dispute Between Banks and Telcos Poised for Another Clash
The ongoing conflict between Nigerian banks and telecommunications companies over a $103 million USSD debt…