Recent Posts

CBN launched a disguised audit to clean BDCS, FX Market after CBEX Scandal Rocks Nigerians

The Nigerian central bank has issued a strong warning to Operator Bureau de Change (BDC) which is licensed nationally, vowing to impose severe sanctions on those who fail to comply with the anti -money laundering financing regulations and terrorism. The instructions occurred after the CBEX financial disaster, where thousands of Nigerians who were not suspicious were captivated into cheating foreign …

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Nigeria Govt congratulates the Zimbabwe for its anniversary

Nigeria Govt congratulates the Zimbabwe for its anniversary The honorable Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar extends his warm congratulations to the Minister of Foreign Affairs and International Trade of the Republic of Zimbabwe, Hon. Prof. Amon Murwira on the occasion of the 45th anniversary of the independence of his country. The achievement of independence on April 18, …

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NGX Roundup: Sentiment bearish removing the N208BN from the Equity Market in four days

Bearish sentiment survives in the equity market, removing the N208 billion from the market capitalization in the Nigerian Xchange Group (NGX) in the new trading Sunday. Ripples Nigeria reported that investors recorded N440 billion losses in the previous week. In the new trading Sunday, the equity market opened for four days, getting two and lost in two trading sessions while …

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