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Naira crashes further against Dollar

Naira closed trading significantly weaker to the dollar at the official market on Tuesday. Data from the FMDQ Security Exchange showed the Naira closed at...

CBN injects $5.62bn to defend naira

The Central Bank of Nigeria (CBN) injected $5.62bn into the foreign exchange market in the fourth quarter of 2020 as part of efforts to...

Naira falls again at parallel market

The naira on Friday exchanged for 477 to United States dollar at the parallel market. At the Investor and Exporter forex window, the naira closed...

CBN defends naira with $4.37bn

The Central Bank of Nigeria injected $4.37bn into the foreign exchange market in the third quarter of 2020 as part of efforts to ensure...

We will soon establish MSMEs-friendly bank – SMEDAN

The Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) says it will soon establish a microfinance bank to support the activities of Micro,...

37m small businesses uninsured in Nigeria, says Foundation

A Non-Governmental Organisation, Star Sapphire Foundation, has lamented the absence of insurance coverage for about 37 million Small and Medium Enterprises (SMEs) in the...

#EndSARS protests make businesses to loss N10b daily, say experts

The #EndSARS protest is taking its toll on the economy and businesses, economists lamented at the weekend. They put the daily loss in the economy...

NCC moves to formulate policies on 5G

The Nigerian Communication Commission (NCC) says it is working vigorously with multi-sector stakeholders to formulate policies for the 5th generation (5G) mobile network. The Executive...

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