Operators in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria…
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Nigeria’s interbank lending rate rose to around 15 per cent weekend from five per cent last week after commercial banks paid for…
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Nigeria crude that has been waiting for buyers in the high seas recorded some success as tender from Indian absorbed some of…
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By Peace Gabriel The World Economic Forum has launched second White Paper on an investment framework for digital adoption”. The paper was…
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BusinessEconomyFinanceNews
Reinvigorate trade to boost global economic growth—-IMF, Word Bank, WTO urge leaders
By Omoh Gabriel IMF, World Bank and World Trade Organisation have urged global leaders to reinvigorate trade to boost global economic…
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Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. The…
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The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank…
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The African Development Bank (AfDB) has called for the empowerment of small and medium operators in the textiles, apparel and accessories sectors…
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Nigerian National Petroleum Corporation, NNPC has accused Gencos of rejecting gas supply. Group Managing Director of the NNPC, Mr. Maikanti Baru, lamented…
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Central Bank of Nigeria CBN, Nigerian Communication Commission NCC, have intervened to the imminent collapse of Etisalat bogged by $1.2 billion debt…
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The latest Top 1000 world Banks 2017 ranking results suggest that the aggregate Tier 1 capital of banks in this year’s rankings…
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The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has…
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BusinessEconomyFinanceNews
Elumelu commends Afreximbank …. urges other DFIs to Support African businesses
At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs…
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The Federal Government said it invited the International Atomic Energy Agency, IAEA, to conduct an assessment of Nigeria’s nuclear and radiation regulatory…
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By Omoh Gabriel Six Nigerian banks have emerged among the top twenty five banks in Africa in the Banker magazine 2017 1000…