The Accountant General of the Federation has disclosed to the federal executive council that the balance in the Excess Crude Account as…
Finance
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Federal Government is seeking approval from National Assembly to borrow $1.3 billion from international lenders to fund the newly licensed Development Bank…
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Shareholders of Dangote Cement were full of praises for the Board, Management and staff of the company after approving the dividend payout…
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The African Development Bank Group and the International Finance Corporation have signed a memorandum of understanding in Ahmedabad, India, aimed at promoting…
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Waheed A. Olagunju, the acting CEO and Managing Director of Bank of Industry has been honoured with this year’s African Banker Icon…
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BusinessFinanceNews
CBN Injects $186.5m for Invisible and SMEs segments, hots tweet meet with stakeholders
Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, the Central Bank of Nigeria (CBN) has injected the sum of…
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Nigeria will exit recession by the end of the third quarter, central bank governor Godwin Emefiele said again. Emefiele also told reporters…
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Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria has injected over $255…
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Moody Rating Agency has said that currency devaluation has eroded the quality of Nigeria banks loan quality, profitability and capital stock. In…
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Africa economy is expected to grow by 3.4 per cent in 2017 a report by Africa Development Bank released in India has…
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International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counter party credit ratings…
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The Federal Government, 36 states and their local government areas have so far shared N1.4 trillion from the federation account, being revenue…
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With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run…
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Central Bank of Nigeria (CBN) has released a list of items, mainly raw materials, that can source foreign exchange (forex) from the…
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Central Bank of Nigeria has said that a total of $2.37 billion was the amount that came into the country through official…