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SEC shuts down Dantata, others in Kano over illegal activities

    The Securities and Exchange Commission (SEC), has sealed off the premises of Dantata Success and Profitable Company, Kano, for engaging in illegal capital market activities. The commission in a statement by Mrs Efe Ebelo, its acting Head, Corporate Communications, said that the company was shut down for carrying out investment operations

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Forex Intervention: CBN injects $289.76m, CNY 38.70m into Retail SMIS

Oru Leonard ABUJA:  Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25, 2019, injected the sum of $289.76million into the retail Secondary Market Intervention Sales (SMIS) and CNY38.70million in the spot and short-tenored forwards segment of the inter-bank foreign market. The

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