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OPEC endorses Nigeria’s oil production cut exemption request

    OPEC endorses Nigeria’s oil production cut exemption request

The meeting of the Joint Ministerial Monitoring Committee of the Organisation of Petroleum Exporting Countries and non-OPEC members ended in Vienna on Friday with an endorsement of Nigeria’s position that

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Oil price rises to $57 per barrel

    Oil price rises to $57 per barrel

Oil prices rose on Wednesday in spite of a rise in US crude inventories with the market heading for its largest 3rd quarter gain in 13 years after the Iraqi

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CBN worried over insider abuses in banks

    CBN worried over insider abuses in banks

The level of insider abuses perpetrated by bank chief executives and other key stakeholders are worrisome to the Central Bank of Nigeria (CBN). CBN Governor Godwin Emefiele, who yesterday expressed

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Hidden in plain sight…Pitiful fate of deputy bank chiefs

    Hidden in plain sight…Pitiful fate of deputy bank chiefs

· Why bankers prefer to be an ordinary Branch Manager than a Deputy Managing Director Life is a drag to many deputy bank chiefs, in Nigeria. They are the negligible

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Naira drops to 369, market anticipates dollar supply

    Naira drops to 369, market anticipates dollar supply

The naira has weakened further to 369 per United States dollar on the back of waning supply of the greenback

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CBN sees further growth in economy

    CBN sees further growth in economy

As the country exits recession, the Central Bank of Nigeria (CBN), said the economy will continue to improve in the

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Alleged Zinox blackmailer Joseph petitions VP Osinbajo again over N170m deal with FIRS

    Alleged Zinox blackmailer Joseph petitions VP Osinbajo again over N170m deal with FIRS

Investigations reveal that Benjamin Joseph, Managing Director of an Ibadan-based firm, Citadel Oracle Concepts has again petitioned Vice President, Yemi

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CBN injects fresh $250m into forex market

    CBN injects fresh $250m into forex market

The Central Bank of Nigeria on Monday intervened with another sum of $250m in the foreign exchange market The regulator

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Fed Govt loses trillions as stamp duty fee is unremitted

    Fed Govt loses trillions as stamp duty fee is unremitted

Stamp Duty charges on bank transactions may have yielded trillions of naira, but the revenue is unremitted to the Federation

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$7b forex window: CBN automates import process

    $7b forex window: CBN automates import process

Thrilled by the inflow of over $7 billion into the economy in nearly five months via the Investors’ & Exporters’

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