—current structure was designed to share, consume the oil rent —–Ministers of finance, trade, investments and CBN need to develop alternative scenario…
Category:
Economy
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There is strong indication that the European Union will after October 2016, terminate the Temporary Free Market Access’ it granted Nigeria and…
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BusinessEconomyFinance
Multilateral institution to use creative financial instrument to attract funds to power and housing ——Adeosun
Minister of Finance Mrs Kemi Adeosun said yesterday at the ongoing IMF/World Bank annual meetings that some foreign investors have made commitment…
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Indication emerged weekend that contrary to claims made by the Chairman, ERISCO Foods Ltd., Chief Eric Umeofia, alleging lack of support by…
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BusinessEconomyFinanceNews
IMF to grant concessionary loans at zero interest rate to member countries
—-conditionalities are too tough to handle — Nigeria official Managing Director International Monetary Fund, Ms Christine Lagarde yesterday said that the board…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday said that modalities are being worked out…
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BusinessEconomyFinanceNews
Contributory pension scheme stabilises Nigeria’s pension administration — Buhari
President Muhammadu Buhari said on Tuesday, at the World Pension Summit in Abuja, that Nigeria’s Contributory Pension Scheme had, to a large…
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BusinessEconomyFinanceNews
Tax review committee recommends Customs, FIRS merger to boost revenue generation,
The National Tax Policy Review Committee has advised the Federal Government to merge Federal Inland Revenue Service and Nigeria Customs Service to…
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BusinessEconomyFinanceNews
MAN urges FG to allocate 45% of 2017 budget to infrastructural development
The Manufacturers Association of Nigeria (MAN) on Tuesday urged the Federal Government to allocate 45 per cent of 2017 budget to development…
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—–crude export rises to 1.7mbd —–to launch made in Nigeria campaign —–AfDB to support budget with $1bn The Minister of Budget and…
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Investors on the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 3.09 billion shares valued at N6.24 billion exchanged in…
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National Industrial Court sitting in Ibadan on Wednesday commenced hearing in a suit filed by 384 former casual workers of the defunct…
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The high exchange rate has reduced the volume of vehicles imported through the Nigerian ports, the Operations Manager, Ports and Terminal Multiservices…
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The Federal Government says it is making efforts to resolve challenges faced by micro enterprises, in order to provide avenue for them…
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President Muhammadu Buhari yesterday in New York, assured potential investors that Nigeria would soon be one of the most attractive places to…