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What Is The True Value Of The Naira?

How Nigeria’s Naira Fared Against US Dollar On Parallel Market


Thursday, October 19, 2017

The Nigeria’s currency Naira on Wednesday exchanged at N361.50 to the United States Dollar at the parallel market, maintaining same rate for the past one-week. The News Agency of Nigeria (NAN) reports that the Pound Sterling and the Euro traded at N475 and N425, respectively. At the Bureau De Change (BDC) window, the naira was sold at ...

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Meet Sijibomi Ogundele Nigeria Youngest Billionaire At 33


Thursday, October 19, 2017

Sijibomi Ogundele is the man to watch out for as far as the revolution of Nigeria’s prime real estate is concerned. Perhaps the nation’s youngest billionaire, Sijibomi recently featured in Forbes Africa as a brave young Entrepreneur, an astute businessman with the capacity to change the Nigerian real-estate industry, Mr. Ogundele’s vast wealth of experience as a ...

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CBN Governor Emefiele Win Best African Innovative Banking Award on Forbes


Saturday, October 14, 2017

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele has been recognized as the 2017 Forbes Best of Africa Innovative Banking Award by leading business and financial magazine, Forbes. According to a statement by the CBN, the President of Forbes Customs Emerging Markets, Mark Furlong, who presented the award to Mr Emefiele at a dinner held ...

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NNPC $25bn contract: Osinbajo disowns aide


Friday, October 13, 2017

Says he approved loans not contracts THERE is confusion in the Presidency over the alleged approval of $25 billion contract by the Nigerian National Petroleum Corporation, NNPC, as the Vice President, Prof. Yemi Osinbajo, has denied the report that he approved the contract. Senior Special Assistant to the President, Office of the Vice President, Laolu Akande, ...

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This Is The Reasons Why You Must Stop Banking Offline Right Now


Wednesday, October 11, 2017

You can do almost everything digitally these days, and banking is no exception. More Nigerians now bank online – which isn’t surprising, considering the benefits. Here’s why banking offline is costing you too much time and what you should do to optimise your online banking experience, according to https://money.usnews.com. Limited locations and bankers’ hours When you bank offline, you ...

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Nigerian Banks Are Weak – IMF Raises Concerns


Wednesday, October 11, 2017

 The International Monetary Fund on Tuesday expressed concerns over weaknesses in Nigerian banks and said that the situation might weigh on economic growth in the medium term. The IMF stated this in its World Economic Outlook report, which was released at its headquarters in Washington DC, United States. In the report, the IMF maintained that the Nigerian ...

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