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‘It’s fake news’ — Emefiele responds to claims on Nigeria’s rice imports

    ‘It’s fake news’ — Emefiele responds to claims on Nigeria’s rice imports

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says it is fake news that Nigeria’s rice import has increased by 400,000 tonnes. In a report last week, the

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Otunuga: Defending the naira may become a headache for CBN

    Otunuga: Defending the naira may become a headache for CBN

Lukman Otunuga, FXTM research analyst, says the Central Bank of Nigeria (CBN) may find it hard to defend the naira against an appreciating dollar, regardless of its resilience. The naira

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MTN sues FG for N3bn over $1.3bn tax default claim

    MTN sues FG for N3bn over $1.3bn tax default claim

MTN Nigeria is seeking N3 billion in damages and legal costs from the federal government. The telco is challenging the legality of N242 billion and $1.3 billion import duties and

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IMF: Over 50% of Nigeria’s revenue is used to service debt

    IMF: Over 50% of Nigeria’s revenue is used to service debt

Amine Mati, International Monetary Fund (IMF) senior resident representative for Nigeria, says more than 50 percent of Nigeria’s revenue is used to service the country’s debt He made the remark during a

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Emefiele: CBN working on non-interest development finance

  Emefiele: CBN working on non-interest development finance

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank is working on a non-interest development finance

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CBN: Rice importation reduced in 2018 despite ‘political demand’

  CBN: Rice importation reduced in 2018 despite ‘political demand’

The Central Bank of Nigeria (CBN) says the volume of rice imported into the country has declined drastically in 2018,

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Emefiele: Nigeria gets over 30% of remittances to Africa

  Emefiele: Nigeria gets over 30% of remittances to Africa

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), says Nigeria tops other African countries in remittances inflows and

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Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015

  Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015

Defending the naira has become more expensive as Nigeria’s foreign reserves declined by $2.2 billion in October 2018 alone —

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EXCLUSIVE: CBN does NOT have power to sanction us, MTN tells court

  EXCLUSIVE: CBN does NOT have power to sanction us, MTN tells court

MTN Nigeria has told the federal high court sitting in Lagos that the Central Bank of Nigeria (CBN) does not

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Emefiele: It is either build reserves or save the naira — we’re choosing the naira

  Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Godwin Emefiele, governor of the Central Bank of Nigeria, says the Buhari-led administration chose to save the naira instead of

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