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House Committee Cautions CBN Against Economic Fallout Of High Interest Rates

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CBN Retains Interest Rate At 27.5%

As the Central Bank of Nigeria (CBN) prepares for its 300th Monetary Policy Committee (MPC) meeting this week, the House of Representatives Committee on...

Trade Fair: Benjamin Kalu Hails Made-In -Aba Products (Photos)

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The Member representing Bende federal Constituency and the Spokesperson of the House joined the Made in Aba Trade Fair in Abuja with an assurance...

CBN Postpones e-Naira Launch

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The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director...

Tinubu Orders Payment Of Electricity Bill Owed By Aso Villa

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President Bola Tinubu has ordered the payment of Aso Rock’s electricity bill to avoid disconnection in the nation’s seat of power. In an advertorial titled...

We’re Unhappy Over FG’s Plan To Borrow Fresh N5.62 Trillion — Reps

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The House of Representatives has expressed displeasure over the plan by the federal government to borrow N5.62 trillion to finance deficit in the 2022...

Senate Carpets Minister For Proposing N1bn For Overseas Trips In 2024 Budget

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The Senate has taken a swipe at the Minister of Trade, Industry and Investment, Doris Nkiruka-Anite for proposing to spend N1 billion on trip...

Gov. Mbah Lists Gains Expected As He Signs N521.5bn 2024 Budget Into Law

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Governor of Enugu state, Peter Mbah has signed a N521.5billion Enugu State 2024 Budget into law, saying it would engender disruptive economic growth, radical...

Relief As Air Peace Commences Direct Flight To India

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West and Central Africa’s leading airline, Air Peace, has launched direct, nonstop flight services to Mumbai, the capital city of Maharashtra State in Southwestern...

CBN Floats Naira, Allowing Banks To Trade FOREX Freely

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. Sources...

33 Banks Now Bigger, Stronger

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33 Banks Now Bigger, Stronger

The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...

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