Finance

Buy now, pay later: 1.9m Nigerians applied to join consumer credit scheme – MD

The Managing Director and Chief Executive Officer, Nigerian Consumer Credit Corporation, Uzoma Nwagba, has said that over one million Nigerians have submitted applications for the consumer credit scheme three weeks…

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hbtechng

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Lasted Finance

Net forex inflow into economy falls 39% to $2.37bn

Net foreign exchange inflow into the economy fell by 39 per cent Month-on-Month, MoM, to $2.37 billion in January from $3.91…

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hbtechng

No plan to revoke Wema, Polaris, Unity, Fidelity licences — CBN

The Central Bank of Nigeria yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema…

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hbtechng

Stock investors gain N619bn in May despite rates hike

The equities market defied the persistent hike in interest rate by the Central Bank of Nigeria, CBN, at the end of…

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hbtechng

Nigeria must leverage national assets to attract forex inflow — Teriba

Nigeria must levrage on its national assets in order to attract foreign exchange inflows and build huge external reserves needed to…

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hbtechng

Presidential tax committee recommends N800/$ Customs duty rate

The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty…

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hbtechng

GDP not enough to measure economic growth — AfDB

Dr Akinwumi Adesina, the President of the African Development Bank (AfDB), says an increase in the Gross Domestic Product (GDP)…

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hbtechng

EFCC invites Kwankwaso over alleged N2.5bn pension fraud

The Economic and Financial Crime Commission is probing a former Kano State Governor, Rabiu Kwakwanso, over alleged N2.5bn pension fraud.…

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hbtechng

Naira appreciates to N1,375/$ in parallel market

The Naira yesterday appreciated in the parallel market to N1,375 per dollar from N1,500 per dollar on Tuesday. But the…

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hbtechng