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Economy

Why interest rate is high

BY Roland Danjuma THE Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, at the Vanguard Personality Awards, last weekend took time to ...

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Discos: N701bn Power Intervention Funds May Worsen Revenue Shortfall

By Roland Danjuma THE 11 electricity distribution companies in the country under the aegis of the Association of Nigerian Electricity Distributors (ANED) have stated that ...

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Extend Bvn To Micro- Finance Bank; Adeosun Urges Emefiele

– By Roland Danjuma MINISTER of Finance, Mrs Kemi Adeosun, has urged the Central Bank of Nigeria to extend Bank Verification Number requirements to account ...

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Naira appreciates in all segments of FOREX Market

BY Salman Ahmed THE Naira on Monday appreciated in all the major segments of the foreign exchange market, reports say. The Nigerian currency gained three ...

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FG Set to review 28 tax items

BY Roland Danjuma THE Federal Government is to carry out about 28 major reviews and amendment to the current tax laws and regulations to ensure ...

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Poor Service Delivery: Telecom Subscribers Blame NCC

BY Roland Danjuma TELECOMMUNICATIONS subscribers have said that the increased adoption of mobile number portability services in the country, being encouraged by the Nigerian Communications ...

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Economic Recovery: FG Releases Medium Term Plan

– Targets 2.5mbpd by 2020 BY Roland Danjuma THE federal government has finally released its economic recovery and growth plan (ERGP), which has been in ...

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CBN BOOST THE INTERBANK FOREX MARKET, INJECTS FRESH $100M

BY Roland Danjuma THE Central Bank of Nigeria (CBN) on yesterday, credited commercial banks with $100 million for school fees, personal travel allowances (PTA) and ...

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AKSG Approves Commencement Of Industrial Park & Jetty Project

BY Nelson Adun AS part of his drive to industrialize Akwa Ibom and create business opportunities, the state government has reached an agreement with some ...

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CBN to channel SMEs’ intervention funds to DBN – Adeosu

BY Roland Danjuma  THE Minister of Finance, Mrs. Kemi Adeosun, has stated that the Development Bank of Nigeria (DBN) will galvanise the Small and Medium ...

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NIGERIA TO DEVALUE NAIRA AGAIN!!

By Napoleon Azeez Nigeria’s authorities may soon devalue the naira but won’t fully relinquish control over it, instead taking steps to narrow the gap between ...

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FCMB Group Announces Leadership Changes

BY Ramo Silvers FIRST City Monument Bank Limited (FCMB Limited) has announced reorganization in its leadership ladder. According to a statement signed by its Group ...

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S/West Governors Economic Forum Meets

– Gov. Fayose hosting, calls for common strategy to curb herdsmen – Harps on unity among Yorubas – Says FG’s 2017 budgetary allocation to region, ...

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Governor Dickson Signs N2billion Business Development Fund For Enterprenuers

BY Ramo Silvers THE Bayelsa State Governor, Honourable Seriake Dickson today signed a Two billion Naira Counterpart Fund Memorandum of Understanding with Nigeria’s main financial ...

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Despite Economic Troubles, Investors Over Subscribe Nigeria’s $1bn Euro Bond Offer

NIGERIA Thursday announced the successful pricing of its $1 billion dollars eurobond in the international market at an interest rate of 7.875% and maturing on ...

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