CBN to stop BDCs from selling FX to businesses, financing political parties
The Central Bank of Nigeria released on Friday a draft revised guidelines for Bureau de Change operations that include the
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Power minister wants payments for gas in naira
The Minister of Power, Bayo Adelabu, says he is working towards ensuring that electricity generation companies, also known as GenCos,
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NNPC to keep ‘significant portion of revenues’ with CBN
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mele Kyari, and the Governor of
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NNPC says no plans to hike petrol price
The Nigerian National Petroleum Company (NNPC) Ltd has said there is no imminent increase in the pump price of petrol.
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No plans to convert domiciliary account deposits to naira – CBN
The Central Bank of Nigeria has said there are no plans to convert deposits in domiciliary accounts to naira. The
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Infinity Trust Mortgage Bank posts 42% jump in profit
Infinity Trust Mortgage Bank posted a profit before tax of N1.21 billion for the 2023 financial year, compared to N847.11
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Nigeria’s first listed infrastructure debt fund sees profit double
Nigeria Infrastructure Debt Fund has reported a profit before tax of N20.38 billion for the 2023 financial year, up from
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Meet the five-firm consortium buying Shell’s Nigerian onshore subsidiary
Shell announced on Tuesday that it has agreed to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of
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Four local operators, Swiss-based firm to buy Shell’s Nigeria unit
Shell has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC)
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Access, FBN Holdings join trillion-naira club as stocks extend winning streak
Access Holdings Plc and FBN Holdings Plc have become the newest members of the club of firms that boast at
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