By Barnabas Esiet. The Central Bank of Nigeria (CBN) has initiated regular foreign exchange sales through authorized dealer banks and licensed Bure
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BusinessEconomyNews
Capital Raise: GTCO Offers 9 Billion Shares at ₦44.50 Each, Envisions One Billion Dollar Profit
By Barnabas Esiet. Guaranty Trust Holding Company (GTCO), one of Nigeria's largest lenders, is raising ₦400 billion in capital through a public off
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BusinessEconomyNews
CBN Scrutinises BDCs Operators, Disallows Commercial Banks, Public Officers and Others from Ownership
The Central Bank of Nigeria (CBN) is cracking down on Bureau De Change operators, making it clear that commercial banks, public officers, and various
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BusinessEconomyNews
Nigeria’s Central Bank Grants Licenses to 14 New IMTOs to Boost Diaspora Remittances
By Barnabas Esiet. The Central Bank of Nigeria (CBN) announced this week that it has granted Approval-in-Principle (AIP) to 14 new International Mo
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The central bank of Nigeria (CBN) has unveiled a programme of events to commemorate the first anniversary of the launch of Africa’s first Central Bank
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By Harris Emanuel. The Correspondents' Chapel of the Nigeria Union of Journalists, Akwa Ibom State Council has observed that the monetary policies
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Deposit Money Banks (DMBs) borrowings from the Central Bank of Nigeria (CBN), through its overnight lending window, from June to August 2022, is value
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The Central bank of Nigeria (CBN) is determined to create a sophisticated economy anchored on agriculture, Micro Small and medium Enterprises (MSMEs).
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In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday, August 26, 2022, released the sum o
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