CBN’s Lifting of Forex Ban on 43 Items: Answers to 5 Questions
The Central Bank of Nigeria (CBN), on Thursday, announced, among other policy issues, the lifting of foreign exchange restrictions hitherto
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Author: Markets Reporters
68% of Nigeria’s Health Workers Have Seen Patients Die Due to Staff Shortages – Survey
Two in three frontline nurses in Nigeria have seen patients in their care die due to a lack of adequate
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Naira vs. Dollar: What To Do When Your Currency Is Losing Value
The Nigerian currency has lost more than 40 percent of its value so far this year against the United States
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MultiChoice marks 20 years of Africa Magic
MultiChoice has said it will continue to invest and raise standards as it marks 20th anniversary of its Africa Magic
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Ex-CBN chief sees pressure in FX market after ‘difficult’ decision
A former deputy governor of the Central Bank of Nigeria, Mr Kingsley Moghalu, has said the apex bank’s decision to
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Oil price nears $90 as Israel-Hamas war persists
Brent crude, the international oil price benchmark, has jumped to nearly $90 per barrel as the war between Israel and
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Nigeria’s FX market faces growing demand as 43 items unbanned
The official foreign exchange market is set to see increased demand following the lifting by the Central Bank of Nigeria
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Nigeria’s crude oil production hits 20-month high
Crude oil production in Nigeria rose by 14.41 percent in September to its highest level in 20 months, new official
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Naira weakens further against dollar across markets
The Nigerian currency extended its decline against the United States dollar on Wednesday on both the official and parallel markets
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Energy transition investment will boost Nigeria’s economy – Seplat CEO
Raising investment for energy transition will boost Nigeria’s economy, the Chief Executive Officer of Seplat Energy Plc, Mr Roger Brown,
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