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Category: Business
FG targets domiciliary accounts, Diaspora Nigerian funds
The administration of President Bola Tinubu is looking to attract funds held in domiciliary accounts and funds held by Nigerians abroad into massive investments in…
CBN, banks investigate suspected $1b currency counterfeiting
The Central Bank of Nigeria (CBN) has launched an inquiry into an alleged $1 billion currency counterfeit deal, involving a Nigerian and other nationals. A…
Nigerians must collaborate for nation-building -Tony Elumelu
Tony Elumelu at the NBA, annual general conference in Abuja, said: “Let us approach the task of nation-building with unwavering determination, guided by the principles…
NDDC moves to end duplication in budget implementation
The Niger Delta Development Commission said that it has begun a process that would eliminate duplication and wastage, and put an end to the era…
Customs to partner US firm on communication, policy advocacy
The Nigeria Customs Service is set to partner a United States firm, Bruit Costaud, an affiliate of Ballard Partners, to bolster its communication and policy…
CBN unveils fresh guidelines for forex sale by BDCs two years after ban
THE Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex sales by Bureau de Change (BDC) operators in the…
President Bola Tinubu Approves CNG Initiative, Targets Nationwide Adoption
Presidential spokesperson Ajuri Ngelale said the approval is in furtherance of the President’s commitment to easing the impact of fuel subsidy removal on Nigerians by…
Breaking: Relief For The Naira: NNPC Ltd Secures $3billion Emergency Crude Repayment Loan from AFREXIM Bank
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to support the naira and stabilise the foreign exchange market….
We’ll maintain petrol price without subsidy reversal — Tinubu
President Bola Tinubu said yesterday that the federal government would take measures to maintain the current pump price of Premium Motor Spirit, PMS, otherwise known…
Dollar Crashes To N790 At Parallel Market after Tinubu meeting with CBN Governor
The dollar has crashed to between N805 to N790 at the parallel exchange market on Tuesday Daily Trust can authoritatively report. It started a steady…