Economy

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  Foreign exchange reserves drop to $38.7bn

  The country’s foreign exchange reserves fell 1.94 per cent month-on-month to stand at $38.76bn...

  • Posted November 4, 2014
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  Kano gets attention in Global Doing Business Report

  For the first time, the Doing Business report has analysed business regulations in Kano...

  • Posted October 31, 2014
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  FG gazettes removal of VAT on market transactions

  The abolition of five per cent Value Added Tax (VAT) paid by investors on...

  • Posted October 29, 2014
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  Analysts predict decline in FGN bond yields

  Increased demand for Nigerian government bonds from local pension funds last week buoyed debt...

  • Posted October 28, 2014
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  Nigeria has the capacity to confront major threats – Okonjo-Iweala

  On the front burners at the 2014 IMF-World Bank Meetings were the issues of...

  • Posted October 27, 2014
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  Nigeria imports three million bags of rice in October

  Nigerians imported 165, 852 metric tonnes of rice in the first three weeks of...

  • Posted October 27, 2014
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  Crude oil slide may threaten CBN’s bid to prop up the naira

  The effort by the Central Bank of Nigeria (CBN) to prop up the naira...

  • Posted October 24, 2014
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  FG, states share $2.7bn from Excess Crude Account

  The country’s revenue fell by N99.55bn in the month of September, thereby causing the...

  • Posted October 24, 2014
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  FG mobilises over N2.4tr additional financing for sectoral projects

  Over  N2.4 trillion additional financing outside annual budgetary provisions has been mobilised from global...

  • Posted October 22, 2014
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  IMF cuts Africa’s growth forecast

  The International Monetary Fund (IMF) has reduced its growth forecast in sub-Saharan Africa because...

  • Posted October 22, 2014
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