Data from the Nigerian Stock Exchange, NSE, showed a significant drop in foreign investors’ participation as at December 2014, while a significant…
Category:
Economy
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The officials of the National Automotive Council (NAC) and WesBank of South Africa on Wednesday met in Abuja on the proposed roll-out…
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… as NIPC initiates investment promotion masterplan The Federal Government will soon begin the implementation of a strategic investment master plan…
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National Bureau of Statistics (NBS) says that Nigeria’s real Gross Domestic Product (GDP) growth rate recorded an impressive mark moving to 5.94…
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The Post Master General of Nigerian Postal Services, Mallam Ibrahim Mori Baba, says the Post will bring over 40 million rural people…
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—average of $4.5 billion goes out per week —$18.6 billion was purchased from rDAS in five weeks The Nigerian economy is facing…
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—Operators commend CBN move The CBN yesterday in a bid to salvage the naira from speculators scraped the official window where it…
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The House of Representatives on Wednesday set up a special committee to meet the Minister of Finance, Dr Ngozi Okonjo-Iweala, over the…
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The Central Bank of Nigeria (CBN) yesterday scraped the Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction System (WDAS) Foreign Exchange…
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INDUSTRY LEADERS in the country are making frantic efforts to halt passage of the Private Companies Conversion and Listing Bill into law…
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BusinessEconomyNewsOil and Gas
Indigenous consortium to build two separate 1000MW plants in Nigeria …Plans to train and engage 74,000 youths
A consortium led by FirstGate Group has signed a Memorandum of Understanding, MoU, with the Federal Government to build two separate 1,000MW…
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BusinessEconomyFinanceNews
Nigerian Breweries Plc proposes N37.2 bln dividend for 2014 financial year
The Board of Directors of Nigerian Breweries (NB) on Friday proposed N37.21 billion as dividend for shareholders of the nation’s brewery gaint…
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Oil rose above $60 a barrel on Friday for the first time this year, bringing gains this week to 4 per cent,…
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BusinessEconomyFinanceNews
Transparency Int’l calls for crackdown on money launderers …says 100, 000 suspicious accounts exist in Swiss banks
Transparency International, TI, has advocated a crackdown on money launderers and the banks that aid them in the illicit funds transfers across…
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The board of Trustees of the Tony Elumelu Foundation announces the appointment of Professor Reid E. Whitlock as Chief Executive of the Foundation,…