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Bankruptcy: 42 MFBs Shut Down as NDIC Begins Verification Of Depositors
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Bankruptcy: 42 MFBs Shut Down as NDIC Begins Verification Of Depositors

December 22, 20200588

-by our correspondent. The 42 Microfinance Banks (MFBs) across the country have been liquidated following new directives from the Central Bank of N

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BusinessEconomyNewsUncategorized

Linking SIM Cards To NIN: NACCIMA Calls For Extension Of Implementation Time Limit

December 21, 20200488
Linking SIM Cards To NIN:  NACCIMA Calls For Extension Of Implementation Time Limit

-by our correspondent. The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Ministry of Co

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Ponzi Scheme: SEC Nigeria Disclaims Famzhi Interbiz Limited

December 21, 20200592
Ponzi Scheme: SEC Nigeria Disclaims Famzhi Interbiz Limited

-by our correspondent. The Securities and Exchange Commission (SEC) has wash it’s your hands of the activities of Famzhi Interbiz Limited, noting t

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Bank Closures: Widespread Misconception Responsible For Unclaimed Deposits – NDIC

December 18, 20200639
Bank Closures: Widespread Misconception Responsible For Unclaimed Deposits – NDIC

-by our correspondent. Narrow understanding and widespread misconception of the Deposit Insurance System (DIS) in Nigeria is largely responsible fo

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National Identification Number: FRSC Commences Enforcement In Processing Driver’s Licenses

December 18, 20200631
National Identification Number: FRSC Commences Enforcement In Processing Driver’s Licenses

-by our correspondent. Following the Federal Government's directives on the harmonisation of citizens' data by relevant agencies, the Federal Road

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Capital Market: SEC Nigeria, FSD Africa Commence Joint Review Of Nigeria’s 10-Year Master Plan

December 18, 20200594
Capital Market: SEC Nigeria, FSD Africa Commence Joint Review Of Nigeria’s 10-Year Master Plan

-by our correspondent. The Securities and Exchange Commission, (SEC Nigeria) and the Financial Sector Deepening (FSD) Africa have announced the sta

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Economic Bloc: Banks Pivotal To Successful Implementation of AfCFTA – Ecobank MD

December 18, 20200570
Economic Bloc: Banks Pivotal To Successful Implementation of AfCFTA – Ecobank MD

-by our correspondent. The success of African Continental Free Trade Area (AfCFTA) will depend on the ability of the financial services industry’s

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Internal Security, First Bank & NAOSRE

December 17, 20200538
Internal Security, First Bank & NAOSRE

-by our correspondent Unarguably, the year 2020 has particularly been very contending for Nigeria as a country. The year has been a very tough one

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Economic Growth: MAN Asks FGN To Address Manufacturing Sector’s Constraints

December 15, 20200655
Economic Growth: MAN Asks FGN To Address Manufacturing Sector’s Constraints

-by our correspondent. Many manufacturing companies in Nigeria may not reopen for productive activities by January 2021, unless the federal governm

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Nigeria Economy: OPS Proposes Options For Real Sector Recovery

December 15, 20200888
Nigeria Economy: OPS Proposes Options For Real Sector Recovery

-by our correspondent. The Organized Private Sector (OPS) has outlined measures to achieve a robust real sector growth in Nigeria The Associatio

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