President Muhammadu Buhari has approved the disengagement of the Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu, with effect from July 15,…
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Category: Business
CBN Sustains FOREX Market Intervention with $210m
The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million. The Bank offered the…
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Dangote Foundation empowers women with N130m grant
The Aliko Dangote Foundation has commenced the disbursement of N130 million to 13,000 women in Nasarawa state under its micro-grant scheme. Alhaji Aliko Dangote, chairman of the foundation, while flagging-off…
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Oil prices fall amidst fears of market glut
Emeka Ejere| Oil prices extended their decline from last week on growing expectations that major oil producers may ease their 17-month-old production cuts. A return to the oil production levels…
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MTN perfects plans for IPO in Nigeria
Emeka Ejere| MTN Group on Monday said it was perfecting the details of its proposed Nigeria Initial Public Offering (IPO). MTN Group’s spokesperson, who pleaded anonymity, confirmed this in response…
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