Minister of Finance, Mrs. Kemi Adeosun said that the Development Bank of Nigeria (DBN) is being positioned to galvanise Small and Medium…
Finance
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—–pumps additional $80m for PTA, Fees, Medicals & $100m through Banks for Wholesale Forwards Market In keeping with its determination to increase…
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Indications emerged weekend that many banks have not been able to pick up additional foreign exchange which the CBN has on offer.…
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Securities and Exchange Commission (SEC) has sealed up the premises of Yuan Dong (YDEC). SEC, in a statement in Abuja said Yuan Dong…
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If the National Assembly passes President Muhammadu Buhari’s 2017 N7.298 trillion budget as proposed, the country will spend a hefty sum of…
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South Africa’s Liberty Holdings will acquire a 75 percent stake in a Nigerian long-term insurer for $12 million, the company said. The…
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CBN’s CIRCULAR ON NATIONWIDE IMPLEMENTATION OF THE CASH-LESS POLICY AS ISSUED Please be informed that the bankers committee at its 493rd meeting,…
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EconomyFinanceNews
IMF urges Nigeria to implement ‘coherent and credible’ economic policies -spokesman
The International Monetary Fund has urged Nigeria to step up its economic reform efforts before the opportunity for reforms becomes more…
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Managing Director Nigeria Sovereign Investment Authority NSIA, Mr. Uche Orji, has raised fresh hope of the timely completion of Second Niger Bridge. Briefing…
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Fitch rating agency has said that measures put in place by the Central Bank of Nigeria (CBN) to modify the foreign exchange…
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Details of CBN guideline on school fees, Personal Travelling Allowance PTA and medicals emerged yesterday as banks started to intimate customers of…
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Central Bank of Nigeria Tuesday injected a total of $370.9 million into the foreign exchange market ignorer to make foreign exchange readily…
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Federal Government of Nigeria wants to borrow $1 billion from the World Bank and sign within months a $1.3 billion loan from China…
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Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the…
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FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City…