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NIN-SIM deadline, banks’ recapitalisation… 7 business stories to track this week

    NIN-SIM deadline, banks’ recapitalisation… 7 business stories to track this week

Here are the seven top business stories you need to track this week — April 1 to April 5. NNPC DENIES ADJUSTING IN PETROL PUMP PRICE Nigerian National Petroleum Company

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CBN removes limits on PAPSS for trade payment services

    CBN removes limits on PAPSS for trade payment services

The Central Bank of Nigeria (CBN) has removed the limits and restrictions on transactions on the Pan-African Payment and Settlement System (PAPSS). This is contained in a circular dated March

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Newspaper Headlines: Anxiety mounts over health of Olubadan-designate as kingmakers insist on seeing him

    Newspaper Headlines: Anxiety mounts over health of Olubadan-designate as kingmakers insist on seeing him

Stories on goodwill Easter messages from political leaders across the country, and a gloomy Easter in prospect for Nigerians given the prevailing economic hardship, permeate the frontpages of the newspapers. 

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Naira appreciates to N1,280/$ at parallel market

    Naira appreciates to N1,280/$ at parallel market

The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a 5.19 percent appreciation from the

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Banks recapitalisation will strengthen Nigeria’s financial system, says Izunaso

  Banks recapitalisation will strengthen Nigeria’s financial system, says Izunaso

Osita Izunaso, chairman, senate committee on capital market and institutions, says banks’ recapitalisation will strengthen Nigeria’s financial system. On March

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Commercial banks need N2.8trn to meet CBN’s capital base requirement

  Commercial banks need N2.8trn to meet CBN’s capital base requirement

Publicly-listed commercial banks would need over N2.81 trillion to meet the recapitalisation target set by the Central Bank of Nigeria

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Nigeria recorded over $1.5bn FX inflow in March, says CBN

  Nigeria recorded over $1.5bn FX inflow in March, says CBN

The Central Bank of Nigeria (CBN) says the economy recorded over $1.5 billion in foreign exchange (FX) inflow in March,

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Binance: Regulating cryptocurrencies falls outside CBN purview, says Cardoso

  Binance: Regulating cryptocurrencies falls outside CBN purview, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says it is not in the purview of the apex bank

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MPC meeting, Nigeria’s public debt… 7 business stories to track this week

  MPC meeting, Nigeria’s public debt… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 25 to March 29. CBN

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Make radical changes in sourcing FX for the economy, ABCON advises CBN

  Make radical changes in sourcing FX for the economy, ABCON advises CBN

The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to undergo

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