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FCMB Group records N188bn revenue, grows Profit to N20.1billion
FCMB Group Plc has announced its financial results for the year ended December 31, 2019. The audited results showed that the Group’s gross revenue increased.
COVID-19: CIBN supports Lagos with N20million
The CIBN has donated N20 million to support Lagos State Government in its fight against the spread of Coronavirus.
External reserves decline by over 8%, despite lower FX demand
Nigeria’s external reserves have continued to decline unabated as it shed $3.33 billion within the last 3 months.
OPEC, allies plan biggest oil cut ever
OPEC and other oil-producing countries are working on a deal for an unmatched production cut equivalent to about 10% of global supply,
CBN temporarily suspends settlement of failed Visa and Verve card transactions
The Central Bank of Nigeria (CBN) has directed Interswitch to suspend refund activities for failed Visa and Verve card transactions, pending the duration of the lockdown that was recently declared by President Muhammadu Buhari.