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CBN stops foreign oil corporations from sending all fx proceeds abroad

CBN releases additional $500m to clear FX backlog

The Central Bank of Nigeria has granted an additional $500 million to get rid of the verified FX backlog. According to The Times, the Acting Director of the apex bank’s Corporate Communications Department, Mrs Hakama Sidi Ali, verified this on Monday in Abuja. The central bank’s new release of $500 million comes just a few days after […]

bfatoyepdnlimited-com
29th January 2024
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Manufacturers warn price hikes to persist without solutions

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Manufacturers urge FG to clear $7bn debt

The Manufacturers Association of Nigeria has requested the Federal Government to resolve the present $7 billion Forex backlog. The PUNCH reported that MAN has stated that 2024 may not be a good year for manufacturers and that the first six months of the year will be difficult for industry players. The association’s Director-General announced this in […]

bfatoyepdnlimited-com
3rd January 2024
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Palm oil prices soars as US sets record

NNPCL targets four FIDs by 2025, posts N5.89tn

FCCPC unveils taskforce to combat counterfeit products nationwide

Mauritius firm to acquire 26% stake in Nigerian

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Appeal Court overturns Emefiele’s asset forfeiture order

Tesla sets up shop in Morocco for African expansion

Palm oil prices soars as US sets record biofuel

Trump pushes for mass deportations in cities run by

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CBN releases additional $500m to clear FX backlog

Manufacturers urge FG to clear $7bn debt

Appeal Court overturns Emefiele’s asset forfeiture order

Tesla sets up shop in Morocco for African.

Palm oil prices soars as US sets record.

Trump pushes for mass deportations in cities run.

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