The Federal Government has said that it would explore other sectors, including agriculture and tax, to mitigate the impact of drop in…
Finance
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The Federal Government on Monday removed Value Added Tax (VAT) on commissions applicable to capital market transactions. The government had, two years…
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Transactions on the Nigerian Stock Exchange (NSE) opened lower on Monday as the market capitalisation depreciated by N81 billion or 0.63 per…
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FCMB Group Plc (FCMB), the Nigerian bank that bought bailed-out FinBank Plc three years ago, has suspended a planned Eurobond sale, and…
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The Central Bank of Nigeria (CBN) last week stepped up its intervention in the foreign exchange market in order halt the depreciation…
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Deputy Governor, Central Bank of Nigeria (CBN), Mr. Adelabu Adebayo has called on the Monetary Policy Committee (MPC) to adopt new methods…
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AMCON on Tuesday appealed against an order of the Federal High Court in Lagos which revoked an earlier order which granted it…
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Investors on the Nigeria Stock Exchange (NSE) on Tuesday staked N8.08 billion on 1.079 billion shares in 4,894 deals. The volume of…
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Global Business Resources, U.S.A, a consortium of international investors are in Nigeria for a follow-up discussion with the officials of Government for…
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The Chairman, Fiscal Responsibility Commission (FRC), Mr Victor Muruako, has said that the commission is more strategic in fighting financial crimes and…
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— Power sector owes three banks $1.085bn Federal government plan to pay off the over N200 billion gas supply debt owed by…
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There are indications that some banks are not making adequate provisions for bad and doubtful loans in their books as mandated by…
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CENTRAL Bank of Nigeria, CBN, says it has in the past one year compelled erring banks to refund the sum of N17…
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Central Bank of Nigeria Communiqué No. 97 of the Monetary Policy Committee Meeting, September 18-19, 2014
The Monetary Policy Committee (MPC) met on September 18 and 19, 2014 with all the 12 members in attendance. The Chairman welcomed…