China, the world’s second-largest economy and the largest government lender to growing economies announced plans to cancel 23 interest-free loans for 17 African countries. China,…
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Category: Business
JUST IN: Emirates Suspends Air Flights To Nigeria
There are hints that Emirates Airlines’ decision to suspend all flights into and out of Nigeria may have been motivated by its inability to return…
View More JUST IN: Emirates Suspends Air Flights To Nigeria
N6.7 Billion Fuel Subsidy Payment Missing – CBN
CBN Governor, Godwin Emefiele, made the disclosure yesterday during a hearing of the House of Representatives special ad-hoc committee on the petroleum products subsidy regime…
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CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law.
Godwin Emefiele and other wheeler-dealers could squeeze more for Nigerians by advertising the Polaris bank rather than a secret sale that would benefit only those…
View More CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law.
Reaction As Naira Gains In Market, See The New Price
Normalcy seems to be returning to the unofficial segment of the foreign exchange (forex) market in Nigeria because the Naira is trading stronger against the…
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Stop Bribing Me, Do Right Thing, Anambra Commissioner Warns Traders
The Anambra State Commissioner for Commerce and Industry, Hon. Obinna Ngonadi, has warned traders in the State to stop coming to his office for favour…
View More Stop Bribing Me, Do Right Thing, Anambra Commissioner Warns Traders
Current Naira Exchange Rate With Other African Currency
The Nigeria currency have gradually dwindled as years goes by as currency of almost ALL AFRICAN COUNTRIES are now higher in value than our Nigerian…
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Our Policy Will Stabilise Exchange Rate – CBN Promises Nigerians As Naira Falls To The Lowest Rate In History
The Central bank of Nigeria (CBN) believes however all will be well soon despite the depreciation. Recently CBN raised Nigeria’s interest rate and it will…
View More Our Policy Will Stabilise Exchange Rate – CBN Promises Nigerians As Naira Falls To The Lowest Rate In History
Problem For Nigerian Banks As A Result of Many Software Engineers Resigns As They Give Reason.
The mass resignation of software engineers in most commercial banks across the country for greener’s pasture abroad, is currently threatening digitisation in the banking sector,…
View More Problem For Nigerian Banks As A Result of Many Software Engineers Resigns As They Give Reason.
Central Bank Raises Alarm Over Increasing Debt In Buhari’s Tenure
The Central Bank of Nigeria (CBN) has raised the alarm over Nigeria’s increasing debt profile under President Muhammadu Buhari, expressing concerns over debt sustainability in…
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