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PoS operators reduce charges as naira scarcity eases

Transaction fees charged by Point of Sale (PoS) operators have reduced as…

E-payment adoption slows on transaction failures, stamp duty charges

Many Nigerians, mostly traders and commercial bus drivers, are not accepting online…

FX market auction records highest ever bid as naira firms

The foreign exchange (FX) market auction conducted on Wednesday at the investors…

3 Min Read

CBN adopts new strategy to reduce negative interest rates

The Central Bank of Nigeria (CBN), on Tuesday, said it will slow…

Afreximbank raises financing facility for Fidelity Bank to $180m

African Export-Import Bank (Afreximbank) on Wednesday said it has raised its financing…

1 Min Read

CBN raises interest rate to 18% on rising inflation, fragile growth

The Central Bank of Nigeria (CBN) on Tuesday after the second two-day…

1 Min Read

LAPO Microfinance Bank doles out N2.5m to customers in new product

LAPO Microfinance Bank Limited has given out a cash reward of N2.5…

4 Min Read

Investors interest rise in Nigerian government securities

One year Treasury bill rate rose to 9.9 percent per annum in…

4 Min Read
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