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Stronger collaboration needed to combat fraud, auditors tell banks

    Stronger collaboration needed to combat fraud, auditors tell banks

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has called for a stronger collaboration between banks and auditors to combat fraud in the sector. ACAEBIN is a

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Foreign airlines to CBN: We don’t support patronising I&E window for FX

    Foreign airlines to CBN: We don’t support patronising I&E window for FX

Foreign airlines in Nigeria say they do not support patronising the investors and exporters (I&E) window for foreign exchange (FX) transactions. The airlines, under the aegis of the Association of

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ALL valid FX backlog cleared, says CBN

    ALL valid FX backlog cleared, says CBN

The Central Bank of Nigeria (CBN) says it has successfully settled all outstanding foreign exchange (FX) obligations. Hakama Sidi Ali, acting director of corporate communications at CBN, disclosed this in

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CBN to hold MPC meeting March 25

    CBN to hold MPC meeting March 25

The Central Bank of Nigeria (CBN) says it will hold its 294th monetary policy committee (MPC) meeting next week. In a statement on Wednesday, the apex bank said the meeting

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Adaora Umeoji becomes first female CEO of Zenith Bank

  Adaora Umeoji becomes first female CEO of Zenith Bank

Zenith Bank has appointed Adaora Umeoji as its new group managing director and chief executive officer (GMD/CEO). The bank disclosed

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MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

  MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

Murtala Sagagi, a monetary policy committee (MPC) member, says the excessive financial intervention by the Central Bank of Nigeria (CBN)

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Port Harcourt refinery, subsea cable cuts… 7 business stories to track this week

  Port Harcourt refinery, subsea cable cuts… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 18 to March 22. PETROL,

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CBN to banks: Don’t use FX revaluation gains to pay dividends, expenses

  CBN to banks: Don’t use FX revaluation gains to pay dividends, expenses

The Central Bank of Nigeria (CBN) has once again directed banks not to use gains from foreign currency revaluation to

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Food inflation: CBN hands over N100bn worth of fertilisers to ministry of agric

  Food inflation: CBN hands over N100bn worth of fertilisers to ministry of agric

The Central Bank of Nigeria (CBN) has given 2.15 million bags of fertilisers worth N100 billion to farmers through the

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February inflation, FX inflow… 7 business stories to track this week

  February inflation, FX inflow… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 11 to March 15. INFLATION

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