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Tuesday, September 19, 2017
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14.6 million Bank customers may loose their account by Wednesday

Barring any last minute extension by the Bankers’ Committee of the Central Bank of Nigeria, Deposit Money Banks will on Wednesday start to deny...

Nigeria Mortgage Company Plans N440billion Bonds in 5 Years

Nigeria’s state-backed mortgage-refinance company plans to sell 440 billion naira ($2.2 billion) of bonds as it seeks to expand access to housing funds, its...

Naira FX on a free fall, as it trades for N222 per dollar

The Naira, which rose to 180 against the dollar shortly after the inauguration of President Muhammadu Buhari about a month ago, has fallen to...
CBN governor

Nigeria’s central bank restricts access to foreign currency

The Nigerian central bank has imposed new foreign exchange controls to try to stem the flow of dollars out of the country. It means importers...
CBN governor

CBN to raise N120.5b treasury bills next week

The Central Bank of Nigeria (CBN) plans to sell 120.52 billion naira ($606 million) of 3-month, 6-month and 1-year Treasury bills on June 24,...
NairA

Central Securities Clearing System Earnings hits N8.2bn

The Central Securities Clearing System Plc (CSCS) has revealed that its income grew by 18.69 per cent in 2014, with total earnings of N8.2...
Naira-Vs-dollar

CBN peg naira-dollar exchange rate back at N196.95

The Central Bank of Nigeria on Thursday made a slight adjustment to the naira-dollar exchange rate peg again, data on its website showed. This came...
ENTREPRENEUR

BOI, Taraba signs MoU for N700m MSME fund setup

The Bank of Industry and the Taraba State Government on Wednesday signed a Memorandum of Understanding for the establishment of a N700m Micro, Small...

Nigeria to issue N70billion worth of Treasury bonds

Nigeria plans to raise 70 billion naira ($353 million) worth of Treasury bonds with maturities ranging between five-year and 20-year at an auction next...

Analysis: Why many start-ups fail

Every year, legions of start-ups come roaring out of the gates armed with plenty of energy, passion and commitment with an innovative new product...