The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized dealers in the interbank market to meet the requests of genuine customers.…
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Category: Economy
Nigeria will soon get out of recession – World Bank
Agency Report || The World Bank Group says Nigeria will soon recover from economic recession. Mrs Eme Essien-Lore, Country Manager, International Finance Corporation, a member of the group, made the…
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Etisalat’s N42 billion debt to GTBank to be restructured – GTBank Boss
Guaranty Trust Bank Plc is currently exposed to a financial risk of N42 billion ($138 million) loan to Etisalat Nigeria. According to Mr. Segun Agbaje, Managing Director of GTBank, the…
Read More Etisalat’s N42 billion debt to GTBank to be restructured – GTBank Boss
CBN clears $150m FOREX forwards
The Central Bank of Nigeria (CBN) on Wednesday, March 15, 2017, sold a total of $150 million to authorized FOREX dealers in the interbank at the highest bid rate of…
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Crashed Dana pilot had issues with USA aviation regulators- AIB report
Chidi Samuel || The final report of investigations into the crash of Dana aircraft 992 which occurred on June 3, 2012, has been released by the Accident Investigation Bureau. According…
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