All posts tagged "featured"

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  N10tn required to support MSMEs – CBN

  Nigeria requires about N10tn to effectively support the Micro, Small and Medium Enterprises financially, the Central Bank of Nigeria has said. According to the CBN, the N220bn MSME fund that was inaugurated by former President Goodluck Jonathan...

  • Posted July 28, 2015
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  Odds favour import contraction in Third Quarter

  There are indications that a cocktail of administrative measures put in place by the Central Bank of Nigeria (CBN) which has been responsible for the recent decline in merchandise imports will continue in the third quarter of...

  • Posted July 27, 2015
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  Rice imports drop by 53% as prices rise

  The volume of rice being imported into the country has dropped by 53 per cent in the last one month just as the price of the commodity has increased by over 20 per cent in the market,...

  • Posted July 27, 2015
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  FAAC allocates N518bn to three tiers of government

  The Federation Accounts Allocation Committee on Friday allocated a total sum of N518.54bn to the three tiers of government for the month of June The allocation, when compared to the N403.02bn distributed in the previous month of...

  • Posted July 26, 2015
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  Oteh emerges World Bank’s vice president

  The World Bank has announced the appointment of the immediate past Director General of the Securities and Exchange Commission, Arunma Oteh, as its vice president and treasurer. The bank, in a statement on Friday, said Oteh was...

  • Posted July 26, 2015
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  FG may rejig policy on airline ownership in Nigeria

  Determined to address the problem of low capacity and improve airlines’ operational standards, the federal government may come up with a policy that would stipulate that any airline operating in the country should have a minimum of...

  • Posted July 25, 2015
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  Ex-Minister backs Nigeria, US economic partnership

  A former Minister of National Economic Planning, Dr. Shamsudeen Usman, says the renewed economic partnership between Nigeria and the United States will boost economic growth and lead to the recovery of stolen funds kept in foreign banks....

  • Posted July 25, 2015
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  Stakeholders address investors’ concerns about stock market

  Industry stakeholders on Thursday said the Nigerian capital market had recorded significant growth in recent years, expressing optimism that the pressure from the nation’s macro-economic fundamentals on the market would be short-lived. Speaking at an Investors’ Forum...

  • Posted July 25, 2015
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  Appoint Finance Minister now – Group urges Buhari

  The Centre for Social Justice on Wednesday urged President Muhammadu Buhari to appoint a Finance minister to manage the economy pending when he would constitute his full cabinet. The group, in a statement issued by its lead...

  • Posted July 24, 2015
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  Nigeria’s gas reserves to last 79 years – DPR

  Nigeria’s gas reserve life index stands at 79 years as of January 1, 2015, according to the latest data from the Department of Petroleum resources. Out of this figure, some volumes are said to stranded or not...

  • Posted July 24, 2015
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