Economy

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  Afren gets new deadline for payment of $50m

  United Kingdom-listed Afren has stated that it has obtained from the lenders of the...

  • Posted April 8, 2015
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  Naira set to rise further this week

  The naira will rise further against the dollar on the parallel market this week,...

  • Posted April 7, 2015
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  NSIA to invest N7.8bn in infrastructure

  The Nigerian Sovereign Investment Authority plans a $40m (N7.88bn) investment to improve the infrastructural...

  • Posted April 6, 2015
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  Offloading of dollars triggers massive naira appreciation at parallel market

  The peaceful outcome of the recently concluded presidential election has seen massive offloading of...

  • Posted April 5, 2015
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  Institute advises Buhari to cut cost of doing business in Nigeria

  The Institute of Credit Administration (ICA) has advised the president-elect, Major General Muhammed Buhari...

  • Posted April 4, 2015
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  Nigeria earned $77bn from oil export in 2014

  Nigeria’s real net oil export revenue dropped to $77bn in 2014, the lowest since...

  • Posted April 3, 2015
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  Analysts seek improved monetary, fiscal policy collaboration under Buhari

  The incoming administration of Major General Muhammadu Buhari has been advised to ensure improved...

  • Posted April 3, 2015
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  Nigeria’s 5-year bond yield drops

  Nigeria’s five-year bond yield fell 33 basis points on Tuesday after a United States...

  • Posted April 2, 2015
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  Buhari urged to focus on electricity, security, job creation

  As Nigerians continue to celebrate the peaceful conclusion of the presidential election, a survey...

  • Posted April 2, 2015
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  External reserves fall to $29.79bn

  The nation’s foreign exchange reserves fell by 4.9 per cent to $29.79bn on March...

  • Posted April 2, 2015
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