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The Central Bank of Nigeria has released the maximum and minimum lending rates for all banks, with Guaranty Trust Bank offering lowest rate and Stanbic Bank highest.
The Nigerian currency, the naira, is expected to weaken against the US dollar in the foreign exchange market, according to Veriv Africa, a data insights firm.
FG has spent $1.36 billion in the first half of 2024 to settle outstanding debts with 12 multilateral and international creditors, a DMO report shows.
The Nigeria Customs exchange rate has been increased again, meaning companies, importers will pay more to clear goods at the nation's ports and airports.
Japan has opened job opportunities for taxi, bus, and truck drivers to emigrate to the country with several benefits including accommodation for family members.
The value of Nigerian currency, the naira, has suffered another depreciation against the United States dollar in the official foreign exchange market.
The Central Bank of Nigeria (CBN) has instructed banks to ensure Automated Teller Machines (ATMs nationwide are stocked with cash, warning of penalties.
Nigeria's leading industrialist, Aliko Dangote, and other billionaires Mike Adenuga, Mike Adenuga have increased their net worth over just 24 hours.
Access Bank Holdings has continued its expansion into the African market with a new deal to become the majority shareholder of Afrasia Bank Limited.
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