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The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit is...
The policy-setting committee of the Central Bank of Nigeria (CBN) has recently decided to raise the monetary policy rate (MPR) from 18.5 percent to 18.75 percent....
Travellers are expressing their disappointment and frustrations as airfares continue to skyrocket, making it increasingly difficult for individuals to embark on their desired trips. The rising...
Africa’s Global Bank, United Bank for Africa (UBA) Plc has assured customers of a memorable summer treat with the recent launch of exclusive benefits and discounts...
As it becomes sub-Saharan Africa’s leading capacity partner for the second year running Avanti Communications (“Avanti”) has been named the market-leading high-throughput satellite capacity partner in...
Total trade in goods and services (exports and imports) between the UK and Nigeria rose by 78.2 percent (or £3.3 billion) to £7.5 billion in the...
NOVA Merchant Bank has received approval from its shareholders to transition into commercial banking. The shareholders gave their unanimous approval during the company’s 6th Annual General...
The Federal Government, through The Federal Competition and Consumer Protection Commission, will start enforcing penalties against trade association members that engage in anti-competitive behavior as well as...
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, says market forces are responsible for the rising pump prices of...
The Central Bank of Nigeria (CBN), has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) operators, and released a list of dealers it approved....
