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The Governor of Edo State, Adams Oshiomhole, on Thursday in Lagos defended the Federal Government’s refusal to devalue the naira. Mr. Oshiomhole said, while del
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Nigeria’s former Central Bank Governor and now Emir of Kano, Sanusi Lamido, believes the country’s current exchange rate policies are doomed to fail. Sanusi, in
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The Central Bank of Nigeria (CBN) has stated it would shut down any bank that connives with government officials to steal public funds or aide in the finance of te
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The Senate has asked the Central Bank of Nigeria (CBN) to immediately cancel the contract awarded to a private firm, Remita, which implements the federal govern
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The House of Representatives yesterday, directed its committee on Banking and Currency to investigate the legality of the N400 billion contractual transactions
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Former the Central Bank of Nigeria (CBN) governor, Mr. Lamido Sanusi, has stated CBN will have to devalue the naira and loosen monetary policy in order to stimu
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The Central Bank of Nigeria (CBN) has stated that from November 1, 2015, prospective buyers of foreign currencies must show their Bank Verification Numbers to b
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The Central Bank of Nigeria (CBN) has raised alert over a new form of money laundering which must be checked now to save the country from international sanction
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Stress tests conducted by the Central Bank of Nigeria (CBN) on 23 Deposit Money Banks (DMBs) have shown that 'six small banks' Capital Adequacy Ratios (CARs) fe
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