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ASSETS & FINANCIALS
Banks raise cash withdrawal limits to reduce queues
Deposit Money Banks are set to raise their cash withdrawal limits from the current N20,000-N50,000 range to over N80,000-N100,000, according…
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ASSETS & FINANCIALS
Women entrepreneurs suffer $42b financing gap in Africa, says Adesina
Women entrepreneurs across Africa have continued to suffer insufficient funds with an estimated $42b financing gap that has crippled…
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NEWS LENS
Nigeria Air to commence operations before May 29
The Minister of Aviation, Hadi Sirika, has assured that the national carrier, Nigeria Air, would commence operation before May…
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ASSETS & FINANCIALS
Equities halt gains as capitalisation dips by N6 billion
The bears resurfaced on the equities sector of the Nigerian Exchange Limited (NGX), halting two days of consecutive rally, as…
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ASSETS & FINANCIALS
Worries as ATMs, PoS, mobile channels account for N3.6 billion fraud
•Banks’ staff culpability rises, threatens entire ecosystem •FITC recommends increased sensitisation of bank workers About N3.62 billion fraud have been…
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ASSETS & FINANCIALS
CBN orders banks to open Saturday, Sunday to ease naira scarcity
• Emefiele to supervise compliance • Denies suspending accounts of Fintech Companies The governor of the Central Bank of Nigeria…
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ASSETS & FINANCIALS
Rate hikes ineffective against inflation, LCCI tells CBN
The Lagos Chamber of Commerce and Industry has called on the Central Bank of Nigeria to explore viable options…
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ASSETS & FINANCIALS
Order banks to revamp e-banking platforms, Reps tell CBN
The House of Representatives has urged the Central Bank of Nigeria to direct banks to immediately revamp their electronic transaction…
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OIL & GAS
FG, IPMAN disagree over Port Harcourt refinery completion date
The Independent Petrol Marketers Association of Nigeria has faulted the Minister of State for Petroleum, Chief Timipre Sylva, over his…
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OIL & GAS
China holds ‘upper hand’ in Russian gas exports
A massive new gas pipeline to China could help reduce Russia’s reliance on European buyers, but analysts say the project…
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ASSETS & FINANCIALS
NLC protests: CBN to flood banks with old naira notes
The Central Bank of Nigeria has finally concluded plans to release all N1,000, N500 and N200 notes in its custody…
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POLITICS
UK to list electoral offenders, plans sanction
The British High Commission has said the UK Minister of State for Development and Africa, Andrew Mitchell MP, is prepared…
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ASSETS & FINANCIALS
FG removes 5% tax on calls, data
The Federal Government has announced the removal of its proposed five per cent excise duty on telecommunication services. The…
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NEWS LENS
Institute canvasses support for AfCFTA implementation
The Chartered Institute of Personnel Management of Nigeria has urged stakeholders to collaborate for the effective implementation of the African…
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ASSETS & FINANCIALS
Economists fault MPC over 18% lending rate
Economists have faulted the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark…
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NEWS LENS
FG plans stakeholders’ meeting for aviation industry growth
In continuation of the tradition of regular interactions with major players in the aviation industry since the inception of…
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POLITICS
Buhari rejects bill empowering NASS to summon president
The Senate President, Ahmad Lawan, has stated the Senate will investigate the 19 Constitution Alteration Bills rejected by the…
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POLITICS
Atiku, Obi, two others ask tribunal to nullify Tinubu’s victory
Four presidential candidates on Tuesday approached the Presidential Election Petitions Tribunal in Abuja with separate petitions, seeking the nullification…
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NEWS LENS
Nigeria relies on generators for 75% electricity – Report
About 75 per cent of electricity consumed in Nigeria comes from diesel and petrol-powered generators, the latest reports released on…
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OIL & GAS
Anger as NNPCL hires expatriate to head subsidiary
The appointment of Jean-Marc Cordier as the head of the oil trading arm of the Nigerian National Petroleum Company…
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