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The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once.     The apex bank said international oil companies can repatriate 50% of their proceeds in the first instance and then the other half after 90 …

The Super Eagles have moved up 14 places in the latest FIFA men’s ranking on Thursday.   The Nigerian national team moved from the 42nd position to the 28th position in the world. The new ranking by the World Football governing body also showed that the Super Eagles have moved …

The Debt Management Office (DMO) has said that the Federal Government is seeking to raise N2.5 trillion in its second bond auction of the year.   In a circular issued on Wednesday, DMO stated that the offerings consisted of N1.25 trillion with a maturity date of February 2031 and another …