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CBN’s 12.5% MPR means a decline in banks lending, deposit rates 

With an eye on output growth, the Central Bank of Nigeria (CBN)…

With eye on growth, CBN slashes benchmark interest rate to 12.5%

With a unanimous vote, members of the Monetary Policy Committee of the…

DHL acquires stake in Link Commerce for African e-commerce growth 

DHL has acquired a stake in their strategic partner company, Link Commerce,…

7 Min Read

Naira records N5 gain on black market

Nigeria's currency on Thursday appreciated further by N5 as the dollar was…

2 Min Read

Maturing OMO, NT-bills to push system liquidity to N955.9bn

The financial market liquidity which stood at N590.8 billion on Monday morning…

Naira appreciates further on black market

The Nigerian currency appreciated further after trading on Wednesday as the dollar…

1 Min Read

Naira strengthens by N2.00k as FX market resumes

Nigeria's currency on Wednesday strengthened against the dollar as the foreign exchange…

1 Min Read

Here is what’s next after subsidy removal

Going forward, the downstream oil and gas industry is expected to be…

4 Min Read
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