News
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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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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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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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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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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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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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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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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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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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CBN Publishes H1 2022 Financial Stability Report
Executive Summary The Russia-Ukraine crisis and the resurgence of Covid-19 in China disrupted the global supply chains, heightened commodity prices,…
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