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Nigeria’s financial sector is on high alert following a sweeping federal directive ordering banks and non-financial businesses to immediately freeze the assets of designated...
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Business
In a move to tighten the reins on the country’s financial clearing system, the Central Bank of Nigeria has introduced a much stricter set...
Business
Banks’ deposits with the Central Bank of Nigeria (CBN) have soared, reflecting a surge in excess liquidity across the financial system. Figures show that...
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Former Central Bank of Nigeria Governor and spiritual leader of the Tijjaniya group, Muhammad Sanusi II, has urged Nigerian banks to adopt gender quotas...
