Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) on Friday, July 7, 2017, following bids received…
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Category: Economy
FOREX: CBN announces bids for retail auction
The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention in other…
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Udoma lists FG’s Priority Areas in 2017 Budget
The Minister of Budget and National Planning, Udo Udoma, on Tuesday, highlighted five areas of priority for execution by the federal government in the 2017 budget. The areas listed by Udoma…
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Etisalat Nigeria gets new chairman, management
Nigeria’s troubled telecommunication company, Etisalat has appointed a new board to pilot its affairs. The move followed the resignation of its former chairman, Hakeem Bello Osagie and the dissolution of the…
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Port road reconstruction may affect over 1million persons, 100,000 companies
No fewer than one million persons and 100,000 companies are to be affected by the reconstruction of Apapa-Wharf Road which is to commence on July 7, the consultant to AG…
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