The International Maritime Bureau (IMB) has reported a drop in piracy attacks in Nigeria in the third quarter of 2019. IMB said in…
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Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), today in Washington, D.C., received the 2019 2019 Man of the Year…
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BusinessEconomyNews
Sanwo-Olu, Okonkwo parley ASPAMDA, Trade Fair market leaders on infrastructure development
Lagos State Governor, Mr. Babajide Sanwo-Olu has met with market leaders from Alaba, Trade Fair axis in Lagos West senatorial district. The…
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Today, the benchmark index declined for the third consecutive trading session. The ASI dipped 6bps to 26,456.29 points following losses in GUARANTY (-1.3%), UBA (-2.5%) and ZENITH (-0.8%).…
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International Monetary Fund has urged Nigeria to focus more on non oil revenue drive, economic diversification and intensifying war on corruption. Speaking…
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9mobile said it has increased value on its daily data subscription packages. As a result, subscribers will enjoy as much as 150…
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Minister of Finance Zainab Shamsuna Ahmed has said that the federal government has introduced a bill in the National Assembly to give…
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EconomyFinanceNews
Poor countries are now more vulnerable, make goals of reducing poverty harder—Malpass
President World Bank Mr. David Malpass has said that “Global growth is slowing. Investment is sluggish, manufacturing activity is soft, and trade…
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EconomyFinanceNews
Nigeria interest payments as a share of tax are very, very high, two-third of revenue—IMF
International Monetary Fund IMF, has said that for Nigeria to fast track its development the priority should be a comprehensive reform to…
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The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has reiterated Nigeria’s commitment to the Ballast Water…
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President Muhammadu Buhari in a renewed effort to save cost and free resources for capital project has cut down on the estacode…
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EconomyFinanceNews
Nigeria has a large exposure to nonresident holders of domestic debt, a risk in time of stress
International Monetary Fund has said that Nigeria has a large exposure to nonresident holders of domestic debt, particularly with central bank bills.…
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The International Monetary Fund has said that as much as half of the world’s work is unpaid, and most of it is done…
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Lagos Chamber of Commerce and Industry has said that the closure of Nigeria -Benin Border has come with a cost mainly to…
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International Monetary Fund that Nigeria is one of the countries that has the lowest rate of revenue in the world. Speaking in…