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Business and Economy

CBN appointes Dr Isa Abdulrmumin as Spokesman

Dr Isa Abdulmumin Emerges New CBN SpokesmanThe Central Bank of Nigeria (CBN) has announced the appiontment of Dr Isa Abdulmumin as the Acting...

FULL TEXT: Buhari Extend Use Of Old N200 Note By 60 Days

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500...

CBN Raises Interest Rate To 17.5%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame...

Dangote targets 300,000 fresh jobs for Nigerians

Africa's richest industrialist Aliko Dangote is optimistic that the new multi-billion naira investment in the sugar sub-sector would create no fewer than 300,000 jobs.A...

CBN Raises Interest Rate to 16.5% To Battle Inflation

The Central Bank of Nigeria, CBN has raised its interest rate to 16.5 per cent in a bullish move to stymie rising inflation and...

Again, Nigeria’s position drops on OPEC production list

Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for...

BREAKING: Senate Approves CBN Plan to Redesign Naira Notes

The Senate has resolved to provide legislative support to the Central Bank of Nigeria (CBN) for the redesign of the N1,000, N500 and N200...

Under Buhari’s administration, CBN releases $3.5bn for foreign education

Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive capital flight during the...

JUST IN: Dollar Crashes Further Against Naira

The United State Dollar on Friday continued it’s free fall against the Naira which is now exchanging for 704 Naira to a Dollar.This is...

Naira Now Among Worst Performing Currencies Globally, Report Reveals

While officially, Nigeria’s naira can be said to be doing well this year, down just 4 per cent against a strong US dollar, ahead...

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