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Begging, hawking activities worry DPR at filling stations

The Department of Petroleum Resources (DPR), has cautioned owners of filling stations against the increase in hawking and begging activities at the filling stations in Zamfara.

Central bank injects $325.5 million into retail market

The Central Bank of Nigeria (CBN) has injected $325.5million in the Retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short-tenured forwards segment of the inter-bank foreign market.
Lidya

Nigeria’s Lidya plans $1.1 billion SMEs loans for Czech, Poland

Nigerian fintech lending platform, Lidya, is targeting Poland and the Czech Republic for expansion after providing thousands of loans in Nigeria, seeing an opportunity in the funding gaps facing small enterprises in fast-growing European economies.

Central bank deducts N500 billion from Zenith, GTB, Citibank, UBA, 8 others

The Central Bank of Nigeria has deducted N500 billion from the accounts of 12 banks for failing to meet the target to provide credit to their customers.
President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday. 3

Xenophobia: Nigeria, South Africa to set up committee on compensation — in pictures

President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday.

Central bank’s business expectations report predicts stable naira

The naira is tipped to appreciate this month, next month and within the next 12 months, a business expectations report released on Wednesday by the Central Bank of Nigeria (CBN) has shown.
Foremost Nigerian Financial Institution, Zenith Bank Plc, has introduced a new product called SAVE4ME target savings account, to enable its customers plan and save towards their aspirations and needs conveniently.

Zenith Bank introduces ‘Save4Me’ – a high interest target savings account

Foremost Nigerian Financial Institution, Zenith Bank Plc, has introduced a new product called SAVE4ME target savings account, to enable its customers plan and save towards their aspirations and needs conveniently.

Lagos chamber: Central bank lending rate will normalise credit market, economic growth

Lagos Chamber of Commerce and Industry (LCCI) says the lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface between entrepreneurs and the banking industry.

Central bank pegs remunerable bank deposits at N2 billion

The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.

Central bank intensifies pressure on banks to lend to the economy

In a bid to further stimulate lending to the economy, the Central Bank of Nigeria, CBN, yesterday, said bank deposit placement through its Standing Deposit Facility, SDF, in excess of N2 billion will not attract interest payment.

Central bank injects $210 million in inter-bank forex market

The Central Bank of Nigeria (CBN) on Wednesday gave $210million to the inter-bank foreign exchange market.
President Muhammadu Buhari has said despite having the largest economy in Africa, Nigeria is experiencing conflicts and irregular migration because of lack of social and economic inclusion.

President Buhari: Why Nigeria experiences conflicts, irregular migration

President Muhammadu Buhari has said despite having the largest economy in Africa, Nigeria is experiencing conflicts and irregular migration because of lack of social and economic inclusion.
Dr. Jackson Gaius-Obaseki, former Group Managing Director, NNPC and Chairman, Brass LNG (right), with Dr. Maikanti Baru, GMD, NNPC at the first Triennial Delegates Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), NNPC Retail Branch

Maikanti Baru directs NNPC Retail to attain 30 per cent market share

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has charged the Corporation Downstream company, NNPC Retail, to increase its current 14 per cent market share to 30 per cent by 2020.

Central bank injects $318.03m into forex market

The Central Bank of Nigeria (CBN) on Friday said it injected about $318.03 million into the retail secondary market intervention sales (SMIS) of the inter-bank foreign market.

GITEX: NITDA receives 407 start-up applications for sponsorship

The National Information Technology Development Agency (NITDA) has received 407 start-up applications for sponsorship to the annual Gulf Information Technology Exhibition (GITEX) schedule for October.

Zamfara government inaugurates drugs regulatory committee

The Zamfara state government has inaugurated two drugs regulatory committees established by the Pharmaceutical Council of Nigeria (PCN) as part of its efforts to ensure effective drugs regulation in the state.

Forex: Central bank intervenes in Retail SMIS with $325.64m

The Central Bank of Nigeria has again intervened in the Retail Secondary Market Intervention Sales to the tune of $325.64 million.

Afreximbank secures $150 million to boost African trade

The African Export-Import Bank (Afreximbank) has successfully secured another facility, but its first ever Samurai Syndicated Term Loan Facility, with equivalent of $150 million.

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