Economy

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  FG spends N446bn to service debt in four months

  The Federal Government spent a total of N446.44bn to service the nation’s domestic and...

  • Posted July 8, 2016
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  Group condemns FG’s borrowing plan

  A Non-Governmental Organisation specialising in public debt and social welfare, Social Action, has condemned...

  • Posted July 8, 2016
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  New forex policy raises import duty by 43%

  Following the commencement of the implementation of the new foreign exchange policy, which moves...

  • Posted July 7, 2016
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  DMO’s plan to raise N940bn from domestic market suffers setback

  The devaluation of the naira following the flexible exchange rate regime by the Central...

  • Posted July 7, 2016
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  FG earns N724bn from oil in three months

  The Federal Government generated a sum of N724.63bn as oil revenue within the first...

  • Posted July 4, 2016
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  Brexit may slow down capital flows into Nigeria

  Capital inflows into frontier markets, including Nigeria, may slow as investor confidence has been...

  • Posted July 3, 2016
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  External reserves drop to $26.33bn

  The nation’s external reserves fell marginally to $26.33bn on June 29, down 0.30 per...

  • Posted July 2, 2016
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  FG urged to create special FX Window for manufacturers

  Despite the appreciable progress recorded in the foreign exchange market since the Central Bank...

  • Posted July 2, 2016
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  FG to borrow N395bn via bonds

  The Federal Government is planning to borrow between N305bn and N395bn ($1.08bn-$1.40bn) in local...

  • Posted July 1, 2016
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  CBN, Citibank execute first naira-settled OTC FX Futures of $20m

  The first Naira-settled over-the-counter (OTC) foreign exchange (FX) Futures on the FMDQ OTC Securities...

  • Posted July 1, 2016
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