Nigeria’s President, Bola Ahmed Tinubu has held a “crucial” meeting, on Sunday, with some members of the organised private sector.
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The meeting, which took place at the Presidential Villa in Abuja includes, Alhaji Aliko Dangote, President, Dangote Groups; Tony Elumelu, Chairman, Heirs Holding and Transcorp Plc; Abdulsamad Rabiu, Chairman, BUA Group; Wale Tinubu, and other members of the private sector.
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Reports say, at the close of work on Friday, FMDQ data showed that the naira depreciated to N1,665.50 per US dollar from N1571.31 on Thursday.
Meanwhile, the Central Bank of Nigeria has announced draft guidelines in a sweeping policy intervention for BDCs, including a ban on street trading and a fresh per capita share requirement for registration. – DP
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