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Finance & Economy
CBN increases cash withdrawal limit to N500,000 weekly
The Central Bank of Nigeria has increased the maximum weekly limit for cash withdrawals across all channels by individuals and…
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News
Marina-Mile 2 blue line to adopt e-payment system as Lagos completes project’s first phase
The Lagos state government, on Wednesday, launched a test run of the first phase of the blue line rail project…
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Finance & Economy
Banks run out of new naira, demand soars
•Court declines to stop CBN withdrawal policy, Emefiele meets Reps Tuesday Mixed reactions greeted the disbursement of the new naira…
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News
FG opens Second Niger Bridge for 30 days
The federal government has ordered the opening of the Second Niger Bridge for use, in order to ease traffic in…
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News
Firms, individuals refuse to pay N5.2tn debts – Minister
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, said the Federal Government was owed approximately N5.2 trillion in…
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Finance & Economy
Nigeria is in a Challenging and Deteriorating Economic Situation
Nigeria’s economic performance has weakened since the previous Nigeria Development Update (NDU) was published in June 2022 under the title…
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News
Osun debt profile: Oyetola never took any bank facility for four years -aide
…challenges Adeleke to publish details of Osun debts with procurement dates Media aide to the immediate past Osun Governor, Adegboyega…
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News
4th Mainland Bridge: Lagos allays fears of land owners over compensation
Lagos State Government, yesterday, allayed fears of land owners on compensation over the proposed construction of Fourth Mainland Bridge. It…
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Finance & Economy
Nigeria’s Total Debt Stocks Rose to N44.06trn in Q3 2022
Nigeria’s Total Debt Stocks Rose to N44.06trn in Q3 2022 According to DMO, Nigeria’s total debt stock has increased to…
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News
Nigeria’s Crude Oil Production Climbs as Debt Stock Rises and NLNG Gas Supply Buckles
Nigeria Records a Seven-Month High in Crude Oil Production In line with analysts’ prognosis, the latest oil production data released…
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