In a bid to reduce the pressure in the foreign exchange market, the Central Bank of Nigeria on Wednesday increased its dollar sales to $400m at the bi-weekly auction of the apex bank, from $300m sold on Monday. The CBN sold $400m at N155.90 to the United States dollar, compared […]
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ATM fraud has declined by 98.5% – CBN
The Central Bank of Nigeria on Wednesday said that fraud relating to Automated Teller Machine had declined by 98.5 per cent. The Director, Banking and Payments System Department, CBN, Mr. Dipo Fatokun, said this at a sensitisation workshop on cash-less policy in Lagos. He said, “Since the financial reform started, […]
Nosak Group seeks Government support to Local Manufacturers with payment of EEG
“Nosak Group is a diversified Business Group with interests in key sectors of the Nigerian economy. These include Agriculture, Manufacturing, International Trade particularly, the importation of Industrial Chemicals for distilleries, Pharmaceutical Industries, Paints and Allied Industries. The Company has also Equity Investments in Banks, Insurance Companies and Real Estate. They […]
