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Nigeria’s national airline gets licence to commence operations

Nigeria’s planned national carrier, Nigeria Air Limited, is set to be launched soon as the Director-General of the Nigeria Civil…

4 years ago

Nigeria’s foreign reserves dip to $38bn

Nigeria’s foreign reserves dropped to $38.483bn by May 31, 2022, a five per cent decline from $40.521bn reported by the…

4 years ago

Gwadabe urges CBN to explore BDCs to end multiple exchange rates

Alhaji Aminu Gwadabe, President, Association of Bureaux De Change Operators of Nigeria (ABCON),  has urged the Central Bank of Nigeria…

4 years ago

Zenith Bank branches sealed, as customers stranded lament

Zenith Bank branches in Owerri, Imo State were sealed on Thursday by the police over litigation involving a former Deputy-Governor…

4 years ago

Three banks to takeover Funke Osibodu, husband’s properties over debt

Three banks and two firms have approached a Federal High Court in Lagos for orders and injunctions towards recovering an…

4 years ago

Hiking of interest rate unfriendly to manufacturers, says MAN

The Manufacturers Association of Nigeria (MAN) has raised concerns over the recent increment of the benchmark interest rate by the…

4 years ago

Nigerian equity market sustains gain, up 1.06%

The Nigerian equity market continued its uptrend on Thursday, appreciating by 1.06 per cent, due to bargain hunting. Specifically, the…

4 years ago

OFIs: CBN sets criteria for enrollment in credit risk management system

The Central Bank of Nigeria (CBN) has set criteria to be met by Other Financial Institutions (OFIs) to qualify for…

4 years ago

LandWey set to deliver over 1000 homes to Nigerians from second quarter of 2022

In furtherance of its commitment to tackle Nigeria’s housing deficit, Landwey Investment Limited, Nigeria’s largest residential developer, has announced plans…

4 years ago

Nigeria’s economy grows by 3.11% in Q1 2022

The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent in the first…

4 years ago

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