The Federal Competition and Consumer Protection Commission (FCCPC) says the Chinese restaurant known for exclusive and discriminatory service in Lagos remained shut.…
Economy
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The Central Bank of Nigeria (CBN) has said that it has disbursed over N49 billion out of N50 billion targeted facility for…
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Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price…
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Microsoft Corp. said Friday it will close all of its physical store locations, as part of the software and cloud giant’s new…
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Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition…
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The Standards Organisation of Nigeria has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in…
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IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited…
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Deputy Governor Central Bank of Nigeria (CBN) Aishah Ahmad has said that 17 banks submitted requests to restructure over 32,000 loans for…
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The Management of the Standards Organisation of Nigeria (SON) has disowned a purported ultimatum to Manufacturers and Importers on its yet to…
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Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by…
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Aviation unions have threatened to shut down the Nigerian Airspace Management Authority ,NAMA, operations if the agency goes ahead with its planned…
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Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the…
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The Central Bank of Nigeria (CBN) says the Governor, Godwin Emefiele, and his team at the Bank will not be deterred in…
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Access Bank Plc has unveiled a digital lending portal to provide access to finance for Small and Medium Enterprises (SMEs) in the…
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EconomyFinanceNews
Nigeria in talk with World Bank, others to raise $6.5bn, gets $750m support for power sector
Nigeria is continuing its discussions with the World Bank and other multilateral lenders to raise $6.5 billion, the finance ministry said. Meanwhile…