Central Bank of Nigeria (CBN), says it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit…
Category:
Economy
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African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s, on 14 July affirmed…
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Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund IMF, said at the conclusion of the virtual meeting of the Group…
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Banks operating in the country have decided to reduce the amount customers can spend abroad using debit cards. Some of the banks…
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Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has said the Agency would get tough with untrained…
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The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and…
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Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, National Bureau of Statistics…
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The Civil Society Advocacy Group for Accountability and Probity has slammed the Rivers State Governor, Nyesom Wike for obstructing Thursday’s move by…
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BusinessEconomyFinanceNews
Sub Saharan Africa mergers & acquisition totalled $10.3bn in the first half of 2020—Refinitiv
Refinitiv has said in a report that investment banking fees in Sub-Saharan Africa reached an estimated $64.5 million during the second quarter…
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Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes…
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The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei and his team on Thursday, walked out on…
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The Nigeria Labour Congress (NLC) says 37.8 billion dollars will be needed as Global Fund for Universal Social Protection for the first…
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Europe’s second-highest court on Wednesday rejected an EU order for Apple (AAPL.O) to pay 13 billion Euros (15 billion dollars) in Irish…
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Ecobank, has won Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability…
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BusinessEconomyNews
73% of Nigerian SMBs on Facebook remain optimistic, despite the COVID-19 pandemic – Report
Facebook has published the Global State of Small Business Report. Compiled in partnership with the World Bank and the OECD, it surveyed…