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Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan

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‘High Petrol Price Could Spike Headline Inflation To 20%’ - J P Morgan

According to JP Morgan, an American global financial services organization, the naira is likely to strengthen and trade at around N600 per dollar in...

CBN Announces Operational Changes To FX Market

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

The Central Bank of Nigeria (CBN) would like to notify all authorized dealers and the general public of the following urgent modifications to operations...

Panic Grips Crypto Traders As SEC Bans Binance Operation In Nigeria; Declare It An Illegal Entity

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The Securities and Exchange Commission (SEC) of Nigeria has declared the activities of Binance in Nigeria illegal. According to a statement published on its website,...

The Beast Called Emefiele Must Face Full Wrath Of Law – Fani-Kayode

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Femi Fani-Kayode has celebrated the suspension of Godwin Emefiele from the office of the Governor of the Central Bank of Nigeria. The APC chieftain in...

CBN Devalues Naira To 630/$1

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

The Central Bank of Nigeria (CBN) has depreciated the Naira to N631 per dollar, up from N461.6 sold at the Importers and Exporters (I&E)...

ICAN To Train Officers Of Nigeria Police On Forensic Accounting

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10,000 Police Officers Undergoing Training On Digital Skills, Says IGP

The Institute of Chartered Accountants of Nigeria (ICAN) has announced plans to commence forensic accounting training for police officers in the country. The ICAN’s President,...

Loan Sharks Barred From Accessing Customer’s Contacts, Pictures

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Loan apps on Play Store, popularly called loan sharks will lose their ability to access their users’ contacts or photos from May 31, 2023. This...

CBN Confirms Evacuation Of Banknotes To DMBs

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

The Central Bank of Nigeria, CBN, has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till Dec 31st

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Naira Redesign: Banks Get N52b Cash Deposits In Two Weeks

The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson,...

Finally, CBN Orders Banks To Pay, Receive Old Naira Notes

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

Prof Charles Soludo, Governor of Anambra State, announced on Monday that the Central Bank of Nigeria, CBN has directed commercial banks to accept and...

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