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Gemade accuses FG of withholding N100billion appropriated for housing — Business — The Guardian Nigeria Newspaper – Nigeria and World News


Senator Barnabas Gemade The Chairman Senate Committee on Lands, Housing and Urban Development, Senator Barnabas Gemade, has revealed that the sum of N100 billion appropriated in the 2017 Budget as intervention fund, to support mortgage activities in the country has not been released to the Federal Mortgage Bank of Nigeria ...
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Treasury bill yield rises as foreign funds exit


Banks trade FX at N314.50 per dollar on interbank market Nigeria’s one-year treasury bill yield rose to 10 per cent yesterday having dropped to 7 per cent in the previous session as the announcement by the government that it would repay some outstanding maturities this month led to foreign ...
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Naija Dailies: Nigerian News | Abuse the Naira and face jail term – CBN warns Nigerians


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Abuse the Naira and face jail term – CBN warns Nigerians Naija Broad  - The Central Bank of Nigeria on Friday warned Nigerians ...
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13 Naira Note Sellers In Soup After Raid By DSS, Police In Port Harcourt


No less than 13 Naira note sellers who turned deaf ears to warnings by the Central Bank of Nigeria (CBN) have landed themselves in the soup following a sting operation jointly carried out by operatives of the Police and Department of State Services (DSS) in Port Harcourt, Rivers State. Recall ...
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13 ‘hawkers’ of Naira notes arrested in Port Harcourt


Mint Naira denominations Security operatives in a combined operation with officials of Central Bank of Nigeria on Wednesday arrested 13 women hawking mint naira notes in various parts of Port-Harcourt, the Rivers State capital. A  sum of N2,937,430 consisting of various denominations of naira notes  were recovered from the ...
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Naira appreciates to N360.41 in I&E


By Babajide Komolafe The naira Wednesday depreciated by four kobo to N360.41 per dollar in the Investor and Exporter (I&E) window, while the volume of dollars traded fell sharply by 80 percent. Data from the Financial Market Dealers Quote (FMDQ) ...
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Police, DSS Nab 13 In PH Over Sale of Naira Notes


PORT HARCOURT (Sundiata Post) – T he Police, working in collaboration with the Department of State Services (DSS), have arrested 13 naira note sellers in Port-Harcourt, Rivers State in a sting operation that included officials of the Central Bank of Nigeria (CBN). Briefing the media on Wednesday, December 13, ...
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CBN Injects $210 Million Into FX Market


This intervention had an almost immediate effect as banks traded dollars at 314.50 naira on interbank market on Wednesday.
Nigeria’s currency, the Naira is doing well. It has been steady at 363 naira per dollar at the parallel market for the past few weeks – thanks to the consistent intervention ...
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Naija Dailies: Nigerian Entertainment News | CBN Warns Nigerians – ‘Anyone Caught Abusing The Naira Will Face Jail Terms’


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1 More photos from the traditional wedding of Nollywood actress Naomi Nkechi Emmanuel - Naij, 1 hour ago 2 ...
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Anyone Caught Abusing The Naira Will Face Jail Terms – CBN Warns


The apex bank of Nigeria, CBN has warned citizens against abusing the local currency which is becoming rampant in recent times ...
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Abuse The Naira, Go To Jail – CBN Warns Nigerians


The Central Bank of Nigeria, warned Nigerians against abusing the naira notes. The apex bank said anyone caught abusing the naira would be prosecuted and if convicted the person risked six months in jail or a fine of N50,000. An official of the Currency Operation Department at the CBN headquarters, ...
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Comment on CBN Injects $210m into Forex Market by princegab


Cbn is saying that it intervenes even when it’s not necessarily. It sounds like waste if intervention are not meant to strengthen the naira. Sponsored
Have ...
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Business – CBN injects $210m into currency market – The Nation Nigeria | Nigerian Bulletin


The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said, in a statement, it had released 100 million dollars earmarked for the wholesale market, 55 million dollars ...
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cbn naira policy | Nigerian Bulletin


NigerianBulletin.com is one of Nigeria's leading on-line destinations for the latest Nigerian trending news and updates, helpful articles and a community sharing the best, latest information on Nigeria and things that concern Nigerians. Some of the topics we cover include Nigerian political news, metro, sports, business and entertainment. In ...
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Towards The Finishing Line, Still Time To Deliver


Wednesday, December 13, 2017 / 12:19PM /FBNQuest Research

Out of recession into weak growth The economy has returned to the growth path, although not in per head terms and largely due to the recovery in oil output. Household demand remains soft. The services sector contracted y/y in Q3 2017. We see ...
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JUST IN: NNPC, CBN, Make Powerful Revelations, Indict President Buhari, As Billions Of Naira Are Declared Missing From TSA


The House Of Representatives Panel, on Tuesday, disclosed that the Nigeria National Petroleum Corporation, NNPC, is keeping over N50 billion, outside the Treasury Single Account, TSA. The Panel which was chaired by Abubakar Nuhu Danburam, stated that the over N50 billion is part of proceeds from Joint Venture Contracts, ...
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CBN injects $210m into foreign exchange market — Youths Digest


The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said, in a statement, it had released 100 million dollars earmarked for the wholesale market, ...
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Madalla! Naira ta kara daraja bayan da CBN ya sake malalo $210 miliyan a kasuwar ‘yan canji ▷ NAIJ.COM


Babban bankin Najeriya a wani mataki da ya dauka na ci gaba da ganin takardar kudin Naira ta kara daraja ya sake malalo makudan kudaden kasar waje da suka tasar ma Dala miliyan 210 a kasuwar 'yan canji duk domin karin karfi da darajar Naira din. Mun samu dai cewa ...
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Forex Market Gets Another $210m Boost from CBN – InvestAdvocate


Culled—Proshare 12/12/2017/CBN  The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN).   According to figures obtained from the Bank, Tuesday’s interventions were for the Wholesale, Small and Medium Enterprises (SMEs) and invisibles segments ...
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Naira Steadies As CBN Boosts Currency Market With $210Million


The Central Bank of Nigeria (CBN) on Tuesday said it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. In a statement it issued yesterday, the country's apex bank said it had released 100 million dollars ...
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CBN Injects $210m Into Foreign Exchange Market


The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the interbank foreign exchange market.The apex bank said it injected the sum in line with efforts to boost liquidity and alleviate dollar shortages.In a statement issued on Tuesday, the CBN noted that it had released ...
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