Economy
Tax reform bills: Presidency Says No Plan to Scrap NITDA, NASENI, and TETFUND
The Presidency has dismissed claims that the government is planning to scrap the National Information Technology Development Agency the National...
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FG Disburses N1.93 Billion to SMEs in Ebonyi and Delta, Records $2.4 Billion in Exports to France
The Federal Government of Nigeria has allocated a total of N1.93 billion in grants to more than 38,000 small and...
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CBN Launches Redesigned Website to Enhance Communication and Accessibility
The Central Bank of Nigeria (CBN) has unveiled its newly redesigned website, set to go live on Monday, December 2,...
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Minister Advocates For Research-Driven Innovation To Attract Investments
The Minister of Innovation, Science, and Technology, Dr. Uche Nnaji, has called for impactful research that provides global solutions to...
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Nigerian Stock Market Drops N185bn in a Week Amid Mixed Sector Gains
The Nigerian equity market experienced a notable dip last week, shedding N185 billion as the All-Share Index declined by 0.33%...
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CBN Unveils Electronic FX Matching System to Stabilize Naira Exchange Rate
The Central Bank of Nigeria (CBN) is set to introduce an electronic foreign exchange (FX) matching system to address the...
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CBN To Penalise Financial Institutions Over ATM Cash Shortages; Releases Dedicated Phone Lines for Customer Complaints
The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions regarding the persistent cash shortages at...
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Nigeria Secures $1.27 Billion from BRICS Nations to Boost Economy
Nigeria’s economic ties with BRICS nations—Brazil, Russia, India, China, and South Africa have yielded $1.27 billion in foreign capital inflows...
Read moreCBN Sets New Guidelines for FX Trading via EFEMS, Mandates $100,000 Minimum Trade
The Central Bank of Nigeria (CBN) has introduced new guidelines for interbank foreign exchange (FX) trading through its Electronic Foreign...
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BoI Secures Over $5B in Funding and €2B in Partnerships
The Bank of Industry Limited (BoI) has raised over $5 billion through international funding instruments to drive industrial development in...
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