The Monetary Policy Committee has retained the monetary policy rate at 12 per cent. The Central Bank Governor, Malam Saunusi Lamido Sanusi,…
Finance
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Trading on the floor of the Nigerian Stock Exchange (NSE) opened for the week on the upbeat trend with major blue chips…
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EconomyFinanceNews
FG commences 2013 budget implementation, releases N400b for first quarter capital expenditure
The Federal Government on Thursday in Abuja released N400 billion first quarter allocation for capital expenditure in the 2013 budget. This is…
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The indicators of the Nigerian Stock Exchange (NSE) on Thursday dropped by 0.45 per cent due to profit-taking. The market capitalisation lost…
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The House of Representatives on Thursday invited the Director- General of the Budget Office, Dr Bright Okogu, to appear before the Committees…
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The Federation Account Allocation Committee (FAAC) in Abuja shared N886.402 billion to the three tiers of government for the month of February.…
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Market Cap (N’bn) 10,672.30 Market Cap (US$’bn) 67.46 NSE All-Share Index 33,351.70 Daily Performance % 1.40 1 Week Performance % 1.73 YTD…
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Trading on the Nigerian Stock Exchange (NSE) on Tuesday remained on the upbeat trend with major blue chips recording price appreciation. The…
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Market Cap (N’bn) 10,524.68 Market Cap (US$’bn) 66.53 NSE All-Share Index 32,890.35 Daily Performance % 0.13 1 Week Performance % (0.17) YTD…
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Transactions on the Nigerian Stock Exchange (NSE) ended on a negative note on Tuesday as many blue chips recorded price depreciation.. The…
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The Economic and Financial Crimes Commission (EFCC) has re-arraigned an Indian businessman, Ashok Isran, over an N850 million fraud. Isran was re-…
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There is a continuing surge in the value and volume of dormant accounts in banks which stakeholders have estimated to be over…
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FinanceNews
Nigeria still on FATF blacklist despite enacting money laundering, terrorism law – GIABA
Nigeria is still blacklisted by the Financial Action Task Force (FATF) despite enacting the Terrorism (Prevention) (Amendment) Act 2013, the Inter Governmental…
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Nigeria Liquefied Natural Gas Company (NLNG) has appointed France’s BNP Paribas and GT Bank to help raise around $1.6 billion for six…
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EconomyFinanceNews
Nigeria Senate backs financial autonomy for Office of Auditor-General of the Federation
The Senate in Abuja has reaffirmed its support for a constitutional amendment to enhance the capacity of the Office of the Auditor-General…