Federal government of Nigeria has sent a request for proposal to banks for an international bond offering, according to sources. Nigeria raised…
Finance
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The domestic bourse opened the trading week on a negative note following sell offs in Tier 1 banking stocks – GUARANTY (-1.1%) and…
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The value of the goods and services produced in Nigeria in the first three months of 2018 rose by 1.95 per cent…
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The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items denied…
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Ikeja Hotel which shares were suspended at the Nigerian Stock Exchange about two years ago has received the go ahead from the…
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Total Nigeria Plc led the losers chart at the Nigerian Stock Exchange (NSE) dropping by N9.80 to close at N212 per…
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The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to…
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The Central Bank of Nigeria (CBN) has lifted the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market with…
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BusinessEconomyFinanceNews
NNPC, other revenue generating agencies under federation account N526bn—-KPMG Audit report
An audit report by KPMG has revealed that between January 2010 to June 2015, NNPC and other Revenue Generating Agencies underpaid the…
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The private sector arm of the World Bank has long come under fire for funding projects that run afoul of human rights.…
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The Senate has passed the 2018 Budget of N9.21 trillion following the consideration and adoption of the Budget report laid on the…
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The bearish run in the local bourse was sustained to the second session of the week as sell pressures in Banking stocks…
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Losses in NESTLE (-3.2%), DANGCEM, (-0.6%) and NIGERIAN BREWERIES (-2.0%) – dragged the NSE All Share Index lower by 84bps to close at 40,677.61…
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The trial of top executives from oil majors Eni and Shell over alleged corruption in Nigeria kicked off on Monday with a…
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The World Bank Group is excited with the growth of Nigeria and expressed satisfaction with the performance of the economy. The…