Ebun Francis| The Cola-Cola Company on Wednesday said it has completed the acquisition of Chi Limited. In a statement signed its president, West Africa business unit, Peter Njonjo and made…
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Category: Business
CBN says that bank’s CEO’s will be punished over false reports
The central bank of Nigeria has warned that bank chiefs who breach its e-payment reporting rules, including submitting/reporting false or inaccurate reports, are to be punished for flaunting its guidelines.…
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Forex: CBN Injects $210m into Inter-Bank Market
In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the…
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Davos: Africa boosts free trade while global barriers go up
A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half…
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TraderMoni, a form of vote buying, says Transparency International
Transparency International Nigeria has said the TraderMoni scheme, a collateral-free loan initiative targeted at petty traders and artisans as part of the National Social Investment Programme of the Federal Government,…
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