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3 weeks ago | 
nannews.ng | Grace Alegba |Magdalene Ukuedojor |Rabi'u Sani Ali |Tosin Kolade
By Grace AlegbaThe Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84. This represents a 0.11 per cent increase compared to the N1,538.66 per dollar recorded on Thursday. The gain followed four days of slight depreciation between Monday and Thursday. On Monday, March 24, the Naira closed at N1,531.19 per dollar.
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1 month ago | 
newsdiaryonline.com | Chimezie Godfrey |Grace Alegba
The Naira appreciated in the official market on Friday, trading at N1,492.49 against the Dollar. By Grace AlegbaThe Naira appreciated in the official market on Friday, trading at N1,492.49 against the Dollar. Data from the Central Bank of Nigeria (CBN) website showed the Naira gained N6.57. This marks a 0.44 per cent increase compared to Thursday, Feb. 27, when it closed at N1,499.07 to the Dollar. The local currency ended Wednesday’s trading at N1,499.11 against the Dollar.
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2 months ago | 
nannews.ng | Grace Alegba |Philip Yatai |Folashade Adeniran |Lydia Beshel
By Grace AlegbaThe European Union (EU) and Germany on Tuesday launched an initiative, as part of efforts to address Nigeria’s electricity access challenges, particularly in rural areas. Ms Inga Stefanowicz, Team Leader for Green and Digital Economy, EU Delegation to Nigeria and ECOWAS, while speaking at the launch of the Nigeria Country Window initiative in Lagos, emphasised its importance. The initiative is organised by GET.invest Nigeria.
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2 months ago | 
nannews.ng | Grace Alegba |Folashade Adeniran |Lydia Beshel |Philip Yatai
ATMBy Grace AlegbaThe Central Bank of Nigeria (CBN) says it has eliminated the three free monthly withdrawals transaction fees for cudtomers using other banks’ Automated Teller Machine (ATMs) from March 1. The apex bank disclosed this on Tuesday in a circular posted on its website, addressed to all banks and other financial institutions. The circular, signed by John Onojah, Acting Director, Financial Policy and Regulation Department, said the measure was in response to rising costs.
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2 months ago | 
nannews.ng | Grace Alegba |Folashade Adeniran |Philip Yatai |Muhyideen Jimoh
By Grace AlegbaPresident Bola Tinubu, on Sunday in Lagos, praised the late Access Bank CEO, Dr Herbert Wigwe, for his contributions to the growth of various sectors of Nigeria’s economy. Tinubu, represented by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, spoke at the first-year memorial service for Wigwe, his wife, and his son.
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2 months ago | 
nannews.ng | Grace Alegba |Folashade Adeniran |Muhyideen Jimoh |Tosin Kolade
By Grace AlegbaGov. Babajide Sanwo-Olu of Lagos State has acknowledged the contributions of late Herbert Wigwe, former Chief Executive Officer of Access Holdings, stating that his support expedited project conception and execution in the state. Sanwo-Olu made this remark during a tribute at the one-year memorial service held for Wigwe, his wife, and son, by Access Bank on Sunday in Lagos.
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2 months ago | 
newsdiaryonline.com | Danlami Nmodu |Grace Alegba
By Grace AlegbaThe Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators until May 30. This aims to better serve retail market demands. The bank disclosed this in a circular, signed by Dr W. J. Kanya, Acting Director of the Trade and Exchange Department, to BDCs on Monday and made available on its website.
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Jan 23, 2025 | 
newsdiaryonline.com | Chimezie Godfrey |Grace Alegba
The Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance Department by February. By Grace AlegbaThe Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance Department by February. Cardoso made the announcement during the launch of 2025 Macroeconomic Outlook Report, titled “Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond” by the Nigerian Economic Summit Group (NESG).
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Jan 14, 2025 | 
newsdiaryonline.com | Favour Lashem |Grace Alegba
Ecobank Nigeria has unveiled a new art installation tittled Kong in a Cage, created by Toyeeb Ajayi, as part of its commitment to promoting sustainability in Nigeria. By Grace Alegba Ecobank Nigeria has unveiled a new art installation tittled Kong in a Cage, created by Toyeeb Ajayi, as part of its commitment to promoting sustainability in Nigeria.
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Jan 8, 2025 | 
pmnewsnigeria.com | Kazeem Ugbodaga |Grace Alegba
By Grace AlegbaFirst Bank of Nigeria Ltd. has projected steady economic growth for Nigeria in 2025, crediting the positive outlook to bold economic reforms implemented in 2024, including the removal of fuel subsidies. The bank’s Managing Director and Chief Executive Officer, Mr Olusegun Alebiosu, made this assertion during his opening remarks at the 2025 Nigeria Economic Outlook event, organised by First Bank on Wednesday in Lagos.
