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CBN Pumps Another $195m Into Forex Market

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 ABUJA – The Central Bank of Nigeria (CBN), on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The...

IMF Wants Nigeria To Stop Tax Holidays

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Oyetunji Abioye The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies. It specifically urged Nigeria...

Nigeria Is Ready For Business, Emefiele Tells Investors

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The Governor, Central Bank of Nigeria (CBN), Mr.  Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation's  Return on...

Four Sectors Get $285.7m Forex Injection

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ABUJA – The Central Bank of Nigeria (CBN) on Friday, October 27, 2017, injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market...

Revenue Leakage: Banks Remit N140bn to CBN- Senate

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By George Okorocha  The Senate at plenary yesterday disclosed that Collection Banks had remitted the sum of N140 billion to the Central Bank of Nigeria...

CBN Faults Report On Arrest Of Deputy Governor

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Destiny Ugorji The Central Bank of Nigeria has described as false, reports making the rounds that one of its Deputy Governors was arrested and made...

Naira Falls in the Parallel Market

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The naira weakened to 367 per United States dollar at the parallel market on Wednesday, after closing flat at 365/dollar in the past one...
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