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CBN, AGF Sanction: Multiple views trail $10.1billion MTN Fine

By Bukola OlanrewajuMixed reactions continued to trail MTN  $10.1billion Fine as stakeholders in the telecommunications industry have taken turn to express their differences on...

CBN’s interbank Naira rate closes flat at N306.3/$

Stories by Kayode TokedeThe Central Bank of Nigeria (CBN) on Wednesday disclosed that Naira remained flat at N306.3 against the Dollar at the official...

CBN, BPE agree on sale of 12.4bn FG’s shares in NSPM

The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement for the sale of the Federal Government’s 12.4...

Rising oil price to shore up FX buffer, support CBN intervention...

Analysts at Cordros Capital has said rising global oil prices to $80 per barrel and increasing oil production revenues is expected to shore up...

CBN Lures Investors with Higher Treasury Bills Yields

As investors’ appetite for longer tenor treasury bills remained strong with demands for higher rates at last week’s auction, amid fears of capital flight...

NCC Intervenes In CBN, MTN Dispute

The Nigerian Communications Commission (NCC) says it hopes that there will be an amicable resolution between the Central Bank of Nigeria and MTN.According to...

$10.1billion fine: MTN sues CBN, AGF

MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF) to seek a restraining...

CBN to Sell N1.024 Trillion Treasury Bills in Q4

The Central Bank of Nigeria (CBN) is to auction treasury bills worth N1.024 trillion in the fourth quarter of this year.The central bank stated...

CBN injects $303m, CNY 46.58m into forex market

The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange...

CBN deducts N5.4bn from Standard Chartered, Citi Bank, Stanbic IBTC Shareholders...

By Kayode TokedeThe Central Bank of Nigeria (CBN) has deducted N5.4 billion from  Citi Bank, Standard Chartered and Stanbic IBTC after it fined the...
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