Again naira crashes further to N1220 per dollar in parallel market
The naira depreciated yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar Tuesday. Similarly, the naira
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Business
Increase petrol price to N750 per litre & immediately stop fuel subsidy payment, world bank advises Tinubu
The World Bank has said the Tinubu-led federal government may still be paying for petrol subsidy as fuel prices in
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We have N3.4 trillion in circulation… There are sufficient & enough cash supply, CBN assures distressed Nigerians
The Central Bank of Nigeria (CBN) has reassured Nigerians of enough naira notes in circulation, to cater for their cash
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Abandoned Calabar port comes alive as Chinese cargo ship berths with Akwa Ibom refinery consignment
Calabar port in Cross River State is roaring back to life, heralding a new era of economic activity as a
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CBN suspends charges on cash deposit with immediate effect till May, 2024
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits charged by commercial banks across the country. The
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Purpose of repairing three Nigerian refineries is not for petrol price reduction —NNPC GMD
The NNPCL boss made the comment while appearing before a joint Senate committee. Mr. Kyari’s statement comes in response to
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There are many fake naira notes in circulation now and beware–CBN warns Nigerians
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of illegal Naira banknotes in circulation. The CBN’s Acting
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One way local flight ticket in Nigeria now N200,000 as Christmas season approaches
Airfare hurdles await domestic travellers this festive season as local airlines have again doubled airfares on high-traffic seasonal routes. The
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Nigerians suffer naira scarcity & cash crunch as banks now ration cash withdrawals
Strong indications emerged yesterday that the agonies and pains of recent Naira redesign are here again as Nigerians have continued
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Eight banks including First Bank & others fail CBN stress test as crisis looms in Nigerian banking sector
A recent stress test by the Central Bank of Nigeria (CBN) has uncovered a concerning revelation on the Capital Adequacy
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