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Why Nigerians withdrew N4.7tr through ATMs – Heritage Bank

You will recall that the Central Bank of Nigeria initially set policies for the cashless state in Nigeria but later amended the goal to a Cashlite one. So the intent of the policy is to reduce the amount of cash used for our day to day transactions.

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Why electricity sector is challenged now – Eko Disco boss

When we signed the performance agreement, it was signed by BPE on behalf of the Federal Government. The basic thing, although they are so many, during the first five years is to first reduce aggregate technical commercial and collection (ATC& C) lost trajectory, then to meter all customers, to improve services to customers, to ensure that all our networks are in good shape within the five years, that’s on our side.

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Insurance companies fared well compared to other sectors – Adeduro

2016 was the most difficult year for the country. Though, we all understood what happened. A situation where by the oil price crashed by more than 50 percent; a situation where there was bomb blast everywhere; we were nearly in war, you have a situation where restiveness was on the high side in the Niger Delta region to the extent that we were producing less than 50 percent of our capacity in terms of quantity of oil per barrel.

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