BUSINESS
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Forex: CBN introduces new rules, naira closes at 367/$
The Central Bank of Nigeria on Monday introduced new rules into the interbank foreign exchange market. This came barely one…
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Gulf States Ban: Qatar Airways in trouble, loses billions of dollars
Qatar’s state airline is set to become the biggest loser from the diplomatic breakdown in the Persian Gulf — with…
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Interswitch Partners Misys to Aid Seamless Trade Finance Operations
Frontline integrated digital payments and commerce company, Interswitch Transactional has partnered with Misys, a leading provider of lending, treasury, trading and risk…
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FG to commence design of local vehicles
In a bid to encourage the patronage of made-in-Nigeria vehicles, the Federal Government has said it would soon commence the…
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Senate to CBN: High Interest Rate Not Good For The Economy
Senate President, Dr. Bukola Saraki, has said that the Senate will look into the high interest rate charged by banks…
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Zenith Bank’s Eurobond Four Times Oversubscribed
Zenith Bank Plc has issued a five-year senior unsecured benchmark Eurobond of $500 million on the Irish Stock Exchange, which…
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Qatar Airways suspends all flights to Saudi Arabia
Qatar Airways on Monday said it had suspended all flights to Saudi Arabia as a major diplomatic crisis escalated in…
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30 ships with petrol, food items, others expected to arrive Lagos
Some 30 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island…
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France Offers Discos $100m to Fund Metering Plan
Plans by 11 electricity distribution companies in Nigeria’s power market to massively rollout consumer meters across their networks could be…
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Dollar Glut Hits Forex Market as Naira Strengthens to N363/$
The impact of the sustained dollar supply by the Central Bank of Nigeria (CBN) has continued to have positive effect…
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