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OPEC output peaks amid outages

The oil output of the Organisation of Petroleum Exporting Countries (OPEC) has risen this month to  it highets as Gulf members pumped more after a deal to ease supply curbs and Congo Republic joined the group. This is even as losses…

Yuan sale by CBN excites traders

The Central Bank of Nigeria sold yuan at a range of N49-51 at its first auction of the Chinese currency last week, traders said yesterday. The auction, which is part of an attempt to encourage the use of an alternative trading…