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Forex Market gets another $210m boost from CBN

Oru-Leonard,Abuja   The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 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 of the market. The Acting Director,

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Buhari appoints Zubair as acting SEC Director General

  The Buhari-led Federal Government yesterday announced the appointment of Dr. Abdul Zubair as acting Director-General, Securities and Exchange Commission (SEC). Mrs. Efe Ebelo of the commission’s Corporate Communications Unit said in a statement made available to the News Agency of Nigeria (NAN) in Lagos that the appointment was with immediate effect. The

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Restructuring: Ajimobi Advocates Resource Control, Fiscal Discipline

By CHRIS EKEKE As the debate for the restructuring of the country rages, Oyo State governor, Senator Abiola Ajimobi, has called on the federal government to surrender the control and management of revenue accruing from natural resources to the owner states. The governor canvassed the position as a panelist at the ongoing 57th Annual General Conference

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