Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the…
Economy
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EconomyFinanceNews
America EXIM bank plans COVID-19 relief measures, Opportunities for healthcare engagement in Africa
United States Export Import Bank officials say they are looking at relief measures and opportunities for healthcare engagement in Africa. A virtual…
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BusinessEconomyFinance
Germany to help African countries maintain drought insurance in view of COVID-19
German government says it has assume premium payments of around EUR 19 million for the drought insurance offered by the African Risk…
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The Banker, a Financial Times publication that examine Top 1000 World Banks ranking has said that in 2019, the Africa continent’s banking…
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The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements in 2019.…
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Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nigeria (CBN) has advised West African countries affected by COVID-19 pandemic to…
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Mercer’s 2020 Cost of Living Survey has found that majority of African countries have risen in ranking in terms of expenses and…
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Senate has asked its committee on power to investigate the 2013 privatisation exercise. President of the Senate, Ahmad Lawan thus charged the…
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Debt Management Office has raised N162.56 billion on behalf of the federal government to help finance infrastructure projects through the sale of…
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France, Germany and Switzerland have allowed travel to resume three months after unprecedented restrictions were imposed in a bid to curb the…
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BusinessEconomyNews
Worsening poverty poses great risk to the democratic process, security of Nigeria—LCCI
Lagos Chamber of Commerce and Industry has said that a strong and virile economy is critical for a sustainable democracy. In an…
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To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800…
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A yet to be published audit report of the insider dealings that ruined Skye Bank indicates that non performing facilities granted to…
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The World Bank Group has said in its latest estimate that Nigeria, India, and the Democratic Republic of Congo are “three countries…
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EconomyNewsOil and Gas
Petroleum Industry Intervention on COVID-19 earmarks 53% funding to construction of medical infrastructure
Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat COVID-19 and improve…