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CBN refutes story on Forex arbitrage

…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...

Keystone Bank introduces first ‘Cheque Deposit’ in mobile app in Nigeria

By Chioma Obinagwam Keystone Bank Limited, Nigeria’s most innovative banking services provider, has introduced ‘Cheque Deposit’ feature in its mobile banking application, the...

Foreigners, others, quit contributory pension, withdraw N24.95bn

Acting PenCom DG, Hajia Aisha Dahir- Umar Foreign nationals have opted out of the Contributory Pension Scheme (CPS) and withdrawn all their contributions...

US imposes visa sanctions on Ghana for rejecting deportees

…550 Ghanian nationals due for deportation By Chioma Obinagwam with Agency Report The United States has imposed visa restrictions on Ghana following the...

CBN reviews directive on payment of salaries, pension, taxes

… payment instructions must be transmitted through secured channels   By Chioma Obinagwam In line with the Central Bank of Nigeria’s (CBN’s) resolve...

Fidelity Bank notches trading volume as NSE takes a tumble

…why investors are jostling for Fidelity Bank shares By Chioma Obinagwam The Nigerian Stock Exchange (NSE) assumed a downward swing at close of...

Pundit doubtful about possibility of ECOWAS 2020 single currency

By Chioma Obinagwam Former Chief Economist/Group Head, Research & Economic Intelligence Group at Zenith Bank Plc, Marcel Okeke has said the plan by...

FG to shut down 66 illegal universities, 68 polytechnics

Federal Government is launching a new crackdown on dozens of illegal higher institutions, including 66 universities and 68 polytechnics. Minister of Education, Adamu...

Lawyers condemn appointment of dead judges to Election Petition Tribunal

…cluelessness and carelessness in handling sensitive issues By Chioma Obinagwam with Agency Report Lawyers in Uyo, the Akwa Ibom State capital have cautioned...