Business and Economy

CBN’s MPC retains MPR at 14.0%; CRR at 22.5%; Liquidity Ratio at 30.0%

The Central Bank of Nigeria, CBN’s, Monetary Policy Committee, MPC, has risen from its two day meeting with the decision…

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FG released N336b capital funds to MDAs in Q1 2017

The Federal Government has, to date, released N336 billion from the 2017 Budget to Federal Ministries, Departments and Agencies, MDAs,…

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BPE’s current initiatives aimed at positively impacting Nigerian economy – DG, Okoh

The current initiatives of the Bureau of Public Enterprises (BPE) are aimed at positively impacting the Nigerian economy in areas…

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FOREX: CBN opens week with $195m ahead of MPC decisions

The Central Bank of Nigeria (CBN) on Monday, September 25, 2017, boosted the FOREX market by offering a total of…

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Stakeholders endorse SNEPCo’s Global Nigeria Forum

Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF)…

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Apapa gridlock: Stay away from Lagos for now, Govt orders truck owners …Says order to subsist pending clearing of traffic spillover …Attributes bottleneck to breakdown of operations at Ports …Deploys RRS, LASTMA, LASEMA to enforce directive at State borders

Worried by the recent traffic bottleneck that has taken over Apapa and its environs, the Lagos State Government on Friday…

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Africa is the next maritime investment haven – NIMASA DG …Charges African countries to develop maritime infrastructure

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that with the potentials…

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NNPC begins prospecting of hydrocarbon in Sokoto Basin

The Nigeria National Petroleum Cooperation (NNPC) said it has started the process that will lead to the exploration of oil…

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Nigeria exited recession in Q2 of 2017

  Contrary to reports in some sections of the media on Tuesday that Nigeria’s economy will finally be out of…

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Dangote begs public to help monitor truck drivers …sets up hotline for reports

    The Management of Dangote Industries Limited (Dangote Group) has issued a passionate appeal to members of the public…

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Forex: CBN goes tough on Banks …floods market with $545m

 The Central Bank of Nigeria (CBN) on Monday, September 18, 2017, threatened to sanction any Deposit Money Bank (DMB) in…

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Dangote endorses FG’s debut Sukuk offer

Nigeria’s foremost entrepreneur and Africa’s richest man, Aliko Dangote, has described the debut N100bn Federal Government of Nigeria Sukuk offer…

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SERAP to Saraki: Tell Nigerians if it’s true that a Senator gets over N3bn yearly

  Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Dr Bukola Sakari to “urgently explain to Nigerians…

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Revenue performance: Federal Government commends NIMASA …Finance Minister, AGF acknowledges Agency’s increased contribution to CRF.

The Federal Government through the Ministry of Finance and the Office of the Accountant-General of the Federation has commended the…

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CBN injects another $250m into Forex Market

   The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid, on…

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Sekibo, Alli, others to discuss ways of unlocking infrastructure financing at FICAN Conference

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo, the President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew…

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UBA Ghana CEO, Abiola Bawuah receives WomanRising Top Corporate Women Leaders Award

WomanRising, a leading network of women entrepreneurs and professionals has presented a certificate of honour to Mrs Abiola Bawuah, CEO…

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CBN assures of liquidity in Forex supply

The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order…

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DMO holds SUKUK pre-offer Road Show in Lagos

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FG restates support for investors in mining …wants community engagement done through state governments …..as Nigeria’s nickel discovery forms major highlights at Australia conference

The Federal Government has restated its support for the success of the nickel project as well as other genuine investors…

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NCDMB has no plans to relocate to Abuja, says Wabote

CHINEDU WOSU, YENAGOA Following the invasion and pulling down of the fence of the Nigeria Content Development Monitoring Board, NCDMB,…

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Economy: Our efforts are yielding fruits – Udoma

The recovery of the Nigerian economy from recession is an indication that the various policies of government towards reflating the…

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Indigenous Nigerian companies, supported, can become huge multinationals – Chief Umeofia, Erisco Goup boss

TOPIC: MADE IN NIGERIA PRODUCTS: THE ONLY VEHICLE FOR SUSTAINABLE DEVELOPMENT A PAPER PRESENTED BY CHIEF ERIC UMEOFIA (IKUKU-OMA, AMICHI),…

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