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FebThe Central Bank of Nigeria has vowed to clamp down on Point of Sale owners, who have turned themselves to payment agents, to take advantage of members of the public. CBN has vowed to sanitize their fraudulent activities around the country this week, arrest and prosecute them. According to CBN, the sharp practices were discovered after reviews […]
The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.24% to settle at 54,496.31 points from the previous close of 54,364.67 points. Investors gained 72 billion as The Market Capitalisation was up by 0.24% to close at N29.683 trillion from the previous close of N29.611 trillion. An aggregate of 177.9 million[…]
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FebThe Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has said that there is no going back on the February 10, 2023 deadline for the swapping of the old N1,000, N500, and N200 notes. Despite the Supreme Court’s order restraining the bank from implementing the deadline, the CBN maintained that the date remains sacrosanct. He acknowledged the[…]
