Naira records gains marginally, exchanges at 420 to dollar
The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday. The open indicative rate…
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NBS: Nigeria’s inflation rate increases to 17.71% in May 2022
The National Bureau of Statistics (NBS) says Nigeria’s inflation rate increased to 17.71 per cent on a year-on-year basis in May. This is according to NBS Consumer Price Index(CPI) and…
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NiMET counsels aviation stakeholders on weather forecast
Director-General, Nigerian Meteorological Agency (NiMet), Prof. Mansur Matazu, has urged all relevant stakeholders to keep using the agency`s products and services to ensure safety of lives and property. Matazu gave…
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CBN, Bankers’ Committee hold maiden non-oil exports summit
LAGOS – The maiden Summit on Non-Oil Exports under the Race to US$200 Billion in Foreign Exchange (FX) Repatriation (RT200) programme launched in February 2022 by the Central Bank of…
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EEDC restores power supply to South East
The Enugu Electricity Distribution Company (EEDC), has announced the restoration of electricity supply within all the states within the South-East, its franchise coverage area. This is contained in a statement…
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Democracy Day: Growth in ICT sector lauded
An Information Communications Technology (ICT) expert, Mr Ismail Haruna on Monday lauded the significant growth accomplished in the sector in the past one year. He made the commendation in an interview with the News Agency…
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First Bank gets $150m from Afreximbank to support businesses
African Export Import Bank (Afreximbank) has disbursed 150 million dollars to First Bank of Nigeria Ltd., under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications,…
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NGX: Market indicators record marginal growth, up 0.06%
The Nigerian Exchange Ltd., (NGX) on Friday recorded the first gain of the week appreciating marginally by 0.06 per cent due to bargain hunting in some large and medium stocks.…
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Nova Merchant Bank to host chief audit executives
………In Nigeria NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on…
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CBN to introduce USSD code to improve eNaira
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the Central Bank Digital Currency (CBDC). The…
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