Nigeria’s total debt stock has again risen to a very high level of N10.4 trillion as at June 2014. The rising debt…
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News
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The world’s worst-ever outbreak of Ebola will inflict economic damage on the West African countries of Guinea, Liberia and Sierra Leone as…
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BusinessEconomyFinanceNews
New requirement for BDCs: CBN’s silence occasions apprehension in forex market * 2,385 BDCs meet new requirements
There is widespread apprehension in the foreign exchange market following the continued silence of the Central Bank of Nigeria (CBN) on the…
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The Central Bank of Nigeria, CBN has given banks operating in the country up to December 31, 2014 to achieve “Highly Secured…
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International oil companies IOC, operating in Nigeria are frustrating government efforts at achieving local content in the oil and gas industry. Manipulations…
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Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge in Africa, for an…
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The just concluded gathering of business leaders and policy makers from the United States and Africa is being described by as a…
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The Federal Government and Central Bank of Nigeria (CBN) have been urged to disburse the N220 billion micro businesses intervention fund through…
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BusinessEconomyIndustryNews
Ceramic market projected to reach US$408b by 2018 globally -EPINA ……set to hold 1st ceramic trade fair
Epina Technologies Limited, has disclosed that, globally, ceramics market has been projected to reach US$408 billion by 2018 and that Nigeria currently…
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BusinessEconomyFinanceNews
Zenith, Access, Wema and Fidelity raise staff pay as First Bank, GTbank cut
Three out of the 23 banks in the country reduced staff salaries last year while four others increased the average pay package…
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The Federal Government on Monday approved two of the 17 interested companies to bid for the assets of Nigerian Telecommunications Ltd (NITEL)…
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The Federal Government on Thursday launched the first 10,000 mortgages for the commencement of the Presidential Initiative on the delivery of affordable…
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The federal government would give priority to young Nigerians who never own houses in the allocation of the 10, 000 housing units,…
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Bank customers had agonising experience conducting inter-bank transfers last week due to breakdown of the funds transfer platforms of some major banks.…
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The Minister of Finance, Dr Ngozi Okonjo-Iweala has assured Nigerians of affordable interest rate under the new mortgage refinancing scheme of the…