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Activities are in high gear for the Cash-less Lagos Fair being organized by BusinessWorld Newspaper in close collaboration with the Central Bank of Nigeria (CBN).The CBN-driven Cash-less Policy which has been the talk of the country in the last several months is aimed at reducing the level of cash transactions in the economy and encouraging the migration towards alternative electronic payment methods.

The Federal Road Safety Commission (FRSC) has disclosed that Nigeria contributes about 700,000 deaths out of the 1.5 million people killed on road accidents all over the world annually.

Naccima Urges Banks to Relax Collateral Conditions

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture ( Naccima), has called on commercial banks in the country to relax their stringent conditions for collaterals from private sector applicants for their facilities to enhance the growth of businesses.

Fitch, an international rating agency has said that the fact that corruption in Nigeria's oil subsidy programme has been officially uncovered is encouraging, both politically and economically, as  it has the potential to increase reform in the oil and gas sector.

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