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Central Bank of Nigeria retains 14 % monetary policy rate

The Central Bank of Nigeria (CBN) yesterday retained the Monetary Policy Rate (MPR) at 14 per cent.It is the rate at which the CBN...
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London: Uber to lose licence to operate

The London transport authority has said it will not renew the app-based taxi service, Uber's operating licence. In a statement, Transport for London highlighted a...

CBN pumps additional $482.6m into forex market

The Central Bank of Nigeria has sustained its intervention in the inter-bank segment of the foreign exchange market by injecting $482.6 million into the...

Naira hits six-month high

The naira reached its highest black market level against the dollar for six months earlier today, the Reuters news agency reports. Traders were quoting a...

Dangote hands drivers over to Customs for conveying contrabands

The transport section of Dangote Cement Ibese Plant has intercepted one of the company’s truck loaded with contrabands in Ibadan, and handed the drivers...
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