Two banks holding national banking licences are reportedly in talks to merge as the recapitalisation deadline set by the Central Bank of Nigeria (CBN) nears.
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Naira weakens past ₦1,540/$ as dollar demand overwhelms CBN supply in FX market
The Nigerian currency, the naira has depreciated above N1,540 in the official window as forex interventions by the Central Bank of Nigeria declined.
CBN to boost financial inclusion with eNaira, alternative payment channels
The CBN is committed to revitalizing the eNaira project and enhancing financial inclusion through innovative digital payment systems to drive economic growth.
Dangote Refinery sparks hope of cheaper fuel as marketers register for direct supply
The Independent Petroleum Marketers Association (IPMAN) has said its members have begun registration in preparation for the nationwide fuel distribution by Dangote.
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