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foreign currency-

CBN Prohibits Foreign Currency As Collateral For Naira Loans, Pegs FX Sale At N1,101/$1

InsideBusiness Apr 8, 2024

The Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a circular directed to all banks by CBN’s Acting Director of Banking Supervision Department, Adetona…

Companies

FMDQ OTC Shareholders Endorse N5bn Fresh Capital Plan For Business Development

InsideBusiness Jul 27, 2018

FMDQ OTC Securities Exchange Plc on Friday endorsed the board and management’s plans to raise fresh of N5 billion to boost operational development. The shareholders gave the approval at the company’s sixth Annual General Meeting (AGM) in…