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"Reduce immediately," orders CBN bank directors with unpaid internal loans to resign
The Central Bank of Nigeria (CBN) has addressed bank directors with unproceding loans related to privileged information to give up their positions immediately. The directive, issued in...
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Despite the enormous potential, attracting investments remains the challenge of new African companies: Microsoft Boss
The general manager, the Microsoft Africa Transformation Office, Gerald Maithya, has said that, despite their enormous potential, new companies in Africa continue to face...
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To unlock gas potentials, Nigeria must close the infrastructure gaps - Araora
In this interview, the Head of Investment Management at the Mainstream and Allows Gas Gas Infrastructure Fund (MDGIF) Adaora NDUKA UGWU, who also won the CFO AFRICA...
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Delta Govt approves the N1BN Relavedor Fund for MSMEs
"This is essential because, apart from the infrastructure, the companies that operate within the limits of the state of Delta, regardless of how small or large, is eligible to access...
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No registration of the national network collapse in 2025 - TCN
The Nigeria Transmission Company (TCN) says that no collapse of the system has been recorded this year, but is triggered. The company said this in a statement about...
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Nigeria meets the OPEC 1.5 m BPD crude oil production fee
The organization of oil exporting countries (OPEC), said the daily production of crude oil from Nigeria, has significantly increased to 1,539 million barrels per...
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Dangote Refinery presents new opportunities to Africa: NCDMB Boss
The Nigeria Content Development and Monitoring Board, NCDMB, said that the integrated refinery of 650,000 barrel per day and the petrochemical company offers Nigeria and other African countries associations of...
The Federal Government has addressed all ministries, departments and agencies (MDA) that operate in the states to close their accounts with commercial banks and comply with the unique treasure account policy (TSA).
The directive was issued by the Federation General...
Nigeria, the largest receiver of commercial and development finance of AFREXIMBANK, has received cumulative disbursements of approximately US $ 52 billion from the bank. He is also the first beneficiary of several flagship projects.
The Federal Government of Nigeria and...
Since he assumed the position in September 2023, the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has taken aggressive measures to stabilize the economy as its administration has focused on curbing inflation, managing the volatility of...
