President Muhammadu Buhari on Tuesday forwarded a request to the National Assembly to approve external borrowing plan of $29.960 billion to execute…
Category:
Finance
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The National Industrial Court has fixed two days, Nov. 21 and Nov. 22, for First Bank of Nigeria Plc. to open its…
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Nigeria Finance Minister, Mrs Kemi Adeosun, has said that the Federal Government would maintain it’s over N6trillion national budget provisions in the…
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The Naira on Monday remained stable at the foreign exchange market as it maintained its rate of N305 to dollar achieved on…
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MTN Nigeria has attributed its 1.2 per cent revenue decline in the third quarter of 2016 to some of the regulatory challenges…
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Arik Air has said that it will increase its daily schedule flights to New York from thrice a week to daily. Mr…
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BusinessEconomyFinance
Multilateral institution to use creative financial instrument to attract funds to power and housing ——Adeosun
Minister of Finance Mrs Kemi Adeosun said yesterday at the ongoing IMF/World Bank annual meetings that some foreign investors have made commitment…
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Indication emerged weekend that contrary to claims made by the Chairman, ERISCO Foods Ltd., Chief Eric Umeofia, alleging lack of support by…
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BusinessEconomyFinanceNews
IMF to grant concessionary loans at zero interest rate to member countries
—-conditionalities are too tough to handle — Nigeria official Managing Director International Monetary Fund, Ms Christine Lagarde yesterday said that the board…
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As part of renewed focus on supporting SMEs within the manufacturing and trade industry, as well as attracting foreign investors into a…
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BusinessEconomyFinanceNews
Contributory pension scheme stabilises Nigeria’s pension administration — Buhari
President Muhammadu Buhari said on Tuesday, at the World Pension Summit in Abuja, that Nigeria’s Contributory Pension Scheme had, to a large…
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Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday reversed to negative trend after appreciating for two consecutive days with market…
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BusinessEconomyFinanceNews
Tax review committee recommends Customs, FIRS merger to boost revenue generation,
The National Tax Policy Review Committee has advised the Federal Government to merge Federal Inland Revenue Service and Nigeria Customs Service to…
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BusinessEconomyFinanceNews
MAN urges FG to allocate 45% of 2017 budget to infrastructural development
The Manufacturers Association of Nigeria (MAN) on Tuesday urged the Federal Government to allocate 45 per cent of 2017 budget to development…