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CBN settles FX transactions, clears $7bn backlogs

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The Central Bank of Nigeria (CBN) has cleared all valid foreign exchange backlogs of $7 billion. This was disclosed by the Bank’s Acting Director, Corporate...

Olayemi Cardoso’s dilemma, By TUNDE RAHMAN

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By TUNDE RAHMAN Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of Central Bank of Nigeria (CBN)...

Oil revenues: NNPC, CBN review seamless banking operation

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Following the presidential directive, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the Governor...

Nigerians spend $40bn on foreign education, medical tourism – Cardoso

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In the past 10 years, Nigerians have spent an estimated $40 billion on foreign education and medical tourism. The amount is an equivalent of Nigeria’s...

Have Tinubu’s appointments been equitable, fair?

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By BOLANLE BOLAWOLE Have the President’s appointments been fair? Have they been equitable? Some say he has not been fair, equitable and just; especially those...
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