The suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has again been accused of allegedly failing…
Category:
Economy
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The Lagos State Government ( LASG) says it will train no fewer than 450 young entrepreneurs on the use of coconut waste…
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BusinessEconomyFinanceNews
FG to release at least 50% of amended capital budgets by end of July—Buhari
President Buhari has said that the Federal Ministry of Finance, Budget and National Planning is in the process of effecting budgetary releases…
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International Monetary Fund, IMF and the World Bank Group have said that this year annual meetings of the Bretten Wood Institutions will…
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The FMDQ Holdings (FMDQ Group) has admitted the Axxela Funding 1 PLC ₦11.50 billion Series 1 Bond under its ₦50.00 billion Bond…
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BusinessEconomyFinanceNews
CBN buckles under IMF, World Bank pressure on exchange rate unification, Naira trade at N381 to dollar
Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify the Naira exchange rate.…
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Dr. Okonjo-Iweala and seven other candidates are contesting for the World Trade Organisation top job. Other candidates are from Egypt, South Korea,…
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Lufthansa announced plans to cut 1,000 of a total of 5,000 jobs in administration, as the flagship German carrier battles to survive…
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EconomyFinanceNews
Africa to rebound from pandemic slump in 2021, Europe is headed for deeper recession
African economies, is expected to partially rebound next year from a pandemic-induced economic slump, but it could still lose nearly a quarter…
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BusinessEconomyFinanceNews
Buhari’s anti-corruption crusade on trial, suspends Magu on corruption probe
President Buhari anti-corruption is on trial as the man charged with responsibility of fighting the hydra headed social monster has been suspended…
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BusinessEconomyFinanceNews
FCTA gives GTBank branches 24 hours to put in place Covid-19 customer safety measures or risk shut down
The Federal Capital Territory Administration FCTA has threatened to seal some branches of Guaranty Trust Bank in the territory for operating without…
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Nigeria’s total public debt rose to N28.62 trillion as of March, up 15% from a year earlier, the Debt Management Office (DMO)…
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Central Bank of Nigeria has debited N122 billion from Nigerian banks with excess cash before weakening the currency at a retail auction…
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Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says Federal Government has proposed N2.3 trillion to boost the mining and other…
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The Federal Government has approved 60 per cent debt forgiveness for all debtor broadcast stations in the country to cushion the effects…