The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his…
Category:
Finance
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The African Development Bank (AfDB) has commended Nigerians for their resilience and entrepreneurial skills in the 59 years of the country’s existence.…
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Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows, gross disbursements…
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The Nigerian Equities Market recorded a negative performance with the ASI losing 114bps to settle at 27,314.87 points due to price depreciation in GUARANTY (-7.5%), NIGERIAN BREWERIES (-6.7%)…
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BusinessEconomyFinanceNews
FG to release N600bn for critical capital projects, assures on prudent saving of oil income
President Muhammadu Buhari in his 2019 Independence anniversary speech said the federal government in the next three months will invest N600 billion…
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To boost the creative sector’s contribution to the Gross Domestic Product (GDP), the Central Bank of Nigeria (CBN) has expressed plans for…
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The domestic equities market closed in the red as the ASI shed 16bps to settle at 27,630.56 points due to price depreciation…
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(Reuters/NAN) Britain’s Civil Aviation Authority (CAA) said more than 70 flights were scheduled for Thursday to bring back 16,000 people to the…
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It was a night filled with magnificence and splendor as music lovers and fun seekers were treated to topnotch entertainment at the…
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GTbank has said that industry leaders, style connoisseurs and fashion enthusiasts from across the globe that will converge in Lagos, Nigeria for…
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EconomyFinanceNews
Kristalina Georgieva New IMF MD to preside over IMF/World Bank 2019 Annual Meetings
The Board of International Monetary Fund (IMF) has selected Kristalina Georgieva to succeed Christine Lagarde. She will Preside over the IMF/World Bank…
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Afreximbank President Prof. Benedict Oramah (right) poses with other speakers, (L-R) Li Yong, Director-General, United Nations Industrial Organisation; President Apha Conde of…
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Gains in NESTLE (+10.0%), SEPLAT (+10.0%) and ACCESS (+6.9%), drove the benchmark index into the positive territory. The All Share Index surged…
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The domestic bourse sustained yesterday’s bearish outing as sell-offs in STANBIC (-8.3%), GUARANTY (-2.4%) and MTNN (-0.7%) drove the All Share Index…
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The Federal Government’s policies and programmes aimed at promoting financial inclusion remain key to the actualisation of President Muhammadu Buhari’s promise of…