Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted…
Category:
Economy
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Revenue generating agencies of the federal government made up of Customs, Federal Inland Revenue Services and Department of Petroleum Resources were allocated…
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Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government. NNPC, in its April 2017 Monthly…
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Market Statistics Wednesday, 21st June 2017 Market Cap (N’bn) 11,576.6 Market…
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Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of…
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Statistician General Dr. Yemi Kale has said that Nigeria will be fully out of recession by 2018. He gave the indication in…
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THE 106th session of the International Labour Conference, ILC, of the International Labour Organisation, ILO, weekend in Geneva, Switzerland to provide responses…
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Foremost financial institution, Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen…
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Oil prices has dropped to six-week lows, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production…
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Annual inflation rate in Nigeria drop further for the fourth straight month in May, falling to 16.25 percent from 17.24 percent in…
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Central Bank of Nigeria CBN plans to sell N133.24 billion worth of treasury bills at an auction next week, on behalf of the federal…
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Fitch Ratings has assigned Nigeria’s upcoming dollar denominated senior unsecured bonds a rating of ‘B+(EXP)’. The assignment of the final rating is…
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By Peace Gabriel Revenue generated from Value Added Tax VAT, into the federation account dropped by 1.25 per cent in the first…
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Edo State Governor, Mr Godwin Obaseki, has met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation…
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Debt Management Offices says it plans to sell a N100 billion sovereign (sukuk) non interest bond in Nigeria market this month to…