Economy

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  Naira falls below Central Bank’s band at parallel market

  Although the Central Bank of Nigeria (CBN) has maintained that the post-devaluation band for...

  • Posted December 26, 2014
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  External reserves fall by $2bn in three weeks

  Falling crude oil prices have made the nation’s external reserves to continue its free...

  • Posted December 26, 2014
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  FG’s revenue drops to N743.57billion in October

  The federally-collected revenue stood at N743.57 billion in October 2014, lower than both the...

  • Posted December 25, 2014
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  Nigeria’s oil sector contribution to GDP lowest in OPEC

  The contribution of Nigeria’s oil sector to the Gross Domestic Product is lower than...

  • Posted December 25, 2014
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  Nigeria to strengthen trade relations with other nations – Jonathan

  President Goodluck Jonathan on Tuesday pledged that his administration would continue to effectively encourage...

  • Posted December 25, 2014
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  NACCIMA predicts tough times for foreign, local investors

  The Nigerian Association of Chambers of Commerce and Industry, Mines and Agriculture (NACCIMA) on...

  • Posted December 25, 2014
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  Nigeria International Debt Fund gets ‘A’ Rating

  The Nigeria International Debt Fund (NIDF), an NSE listed mutual fund that invests in...

  • Posted December 24, 2014
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  Naira rebounds on new Forex rules

  The naira recovered to trade broadly flat after dipping 2.5 per cent in thin...

  • Posted December 24, 2014
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  Moody’s: Nigerian economy resilient despite oil plunge

  One of the leading global credit rating agencies, Moody’s Investors Service has said that...

  • Posted December 24, 2014
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  Non-oil export revenue drops by 34%

  The total earnings from non-oil exports dropped by 34 per cent in just one...

  • Posted December 22, 2014
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