The African Development Bank (AfDB) has expressed its support to the African Union (AU) in implementing Africa’s commitments for an accelerated agricultural…
Economy
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The value of electronic payment rose by 150 percent in two years to N35 trillion in 2014, reflecting the impact of the…
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British aid given to an agency investing in infrastructure projects in poor nations has been wasted on travel and by poor financial…
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The trade volume between Nigeria and China in 2014 exceeded 16 billion dollar in 2014, Deputy Chief of Mission, Chinese Embassy, Mr…
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Minister of Transport, Idris Umar, has constituted a committee to review the concession agreement between the Federal Government and private operators of…
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Last week Tuesday, the CBN Governor met with the organised private sector to discuss developments in the foreign exchange market. He gave…
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By Chukwuma Charles Soludo, CFR I read some of the responses to my article, “Buhari vs Jonathan: Beyond the Election”, and I…
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AgricultureBusinessEconomyIndustryNews
FG to establish raw material-based clusters in 774 LGAs – Minister
The Federal Government said on Friday that it would soon establish a raw material-based cluster project in each of the 774 local…
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BusinessEconomyFinanceNewsOil and Gas
Diesel price cannot be reduced under current exchange rate — MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) on Friday said that the pump price of diesel can not be reduced, until…
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…project executed with 100% raw materials from Nigeria The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State…
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The Managing Director International Monetary Fund IMF, Christine Lagarde has advised managers of Nigeria economy to re-examine the nation’s fiscal and monetary…
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*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand…
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Nigeria has announced plans to build modular refineries with capacity of between 20,000 to 25,000 barrels per day to boost domestic fuel…
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Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline…
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The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review…