Nigeria plans to auction N110 billion local currency bonds on Feb. 15, its second debt sale this year, the Debt Management Office…
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Finance
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National Assembly has endorsed government’s request to sell a $1 billion Eurobond on the international debt market to help finance federal government…
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Central Nank of Nigeria CBN said it has sold $660 million in three- and five- month currency forwards at an auction aimed…
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Foreign investment inflow into Nigeria fell from $9.6 billion about $4.52 billion, to $5.12 billion, between 2015 and 2016, according to data…
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MTN Group has announced that it will exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers…
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Federal Government of Nigeria plans to raise about $300 million by selling a diaspora bond targeting Nigerians living abroad, First Bank said.…
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Nigeria’s foreign exchange reserves as at end of January 2017 rose by 8.39 percent to $27.88 billion from a month ago, climbing…
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Medview Airline said it will be “List its share on the floor of the Nigerian Stock Exchange by Introduction” January 31, 2017.…
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The value of cash withdrawals through Automatic Teller Machines (ATMs) rose sharply to N4.7 trillion in 2016, indicating increasing appetite for cash…
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Following media reports alleging irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit…
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BusinessEconomyFinanceNews
Ban on importation of vehicles from land border will curb small arms smuggling
The Comptroller-General (C-G) of the Nigeria Customs Service (NCS) Col. Hameed Ali (rtd) said that the ban of importation of vehicles through…
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Senate has asked its Committees on Public Procurement and Works to as a matter of urgency, investigate alleged irregularities in awards and…
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Background The Monetary Policy Committee held its first statutory meeting of fiscal 2017 on 23rd and 24th January, 2017 against the backdrop…
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