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Foreign reserve lost $5.5bn in Q2, 2016 – CBN

Latest figures from the Central Bank of Nigeria, CBN, shows that the country’s external reserve has lost a total of USD5.5 billion this year, up to last weekend, with September figures showing a third quarter loss of USD1.9 billion, significantly higher than USD1.5 billion lost in the preceding quarter (second quarter 2016), despitee higher exchange rates.

Interswitch acquires 100% of Vanso

Interswitch Limited, digital payments and commerce company has completed a 100 percent acquisition of Value Added Network Solutions, Vanso, Limited.

Aboh agog as Chief Ugboma clocks 100

The Umu-Ogwezi quarters in Ogbe-Odua, Aboh, in Delta State will be agog today as members of Umuogbeoochi family celebrate their father, grand-father, great and grand-father, Chief Ossai Ugboma, the Omodi of Aboh Kingdom, as he turns 100 years today.

Accelerate diversification of economy, Kumuyi tells FG

BENIN—General Superintendent of Deeper Life Bible Church, Pastor Williams Kumuyi, weekend, urged Nigerians to look up to the future positively, just as he urged the Federal Government to diversify the economy from oil to other sectors so as to help accelerate the growth of the economy.

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