BUSINESS & ECONOMY

BUSINESS & ECONOMY

Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian stock failed to sustain the positive performance recorded the previous week as the Nigerian Stock Exchange (NSE) All-Share Index fell 0.29 percent to close at 27,698.69, ...
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Emefiele
BUSINESS & ECONOMY COVER NEWSLETTER

No going back on the cashless policy   Wants redundant public assets privatized The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele yesterday justified the proposed ...
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Nigeria
BUSINESS & ECONOMY COVER

Bretton Woods institution backs FG’s bid to raise VAT Nigeria and the World Bank have begun talks for a loan of $2.5 billion in a new tranche of ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian equities market closed on negative note yesterday following losses suffered by banking stocks. The market, which had recovered from a two-day fall the previous day, declined ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

Govs subscribe to CBN’s initiatives on agriculture The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Thursday expressed appreciation to the federal government for the ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

CBN reduces charges on electronic merchant transactions The Central Bank of Nigeria (CBN) yesterday announced that the full implementation of the cashless policy will become effective from March ...
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Nigeria's Inflation
BUSINESS & ECONOMY COVER

The Consumer Price Index (CPI) which measures inflation maintained a downward trajectory to 11.02 per cent (year-on-year) in August compared to 11.08 per cent in July, according to ...
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Andre Iguodala
BUSINESS & ECONOMY

Nigerian-born NBA basketball star and member of the Jumia board Andre Iguodala is currently in Nigeria. The three-time NBA champion met with local tech entrepreneurs in Lagos, to ...
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US
BUSINESS & ECONOMY COVER NEWSLETTER

U.S. Embassy Chargé d’affaires, Kathleen FitzGibbon, has stated that strong intellectual property rights protection is essential for creating jobs and opening new markets for goods and services. FitzGibbon, ...
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Border Closure
BUSINESS & ECONOMY COVER

The National Security Adviser (NSA), Major General Babagana Monguno (rtd), has said that the federal government has decided to extend the partial closure of the country’s borders beyond ...
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CBN
BUSINESS & ECONOMY COVER

The Central Bank of Nigeria (CBN) has approved the issuance of a super agent license to Itex Integrated Services Ltd. The Super Agent licence which is part of ...
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Federal allocation
BUSINESS & ECONOMY COVER NEWSLETTER

Zainab Ahmed, minister of finance, budget and national planning, says the federal executive council (FEC) approved an increase in value-added tax (VAT) from 5% to 7.5% and not ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian equities sustained its positive performance for the second day with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rising by 1.01 per cent to close at ...
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Analysts at FSDH Merchant Bank Limited have predicted that Nigeria will record improved foreign portfolio investments (FPIs) in 2019, higher than the 2018 level. The recently released Capital ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria’s federally collected revenue (gross) stood at N931.93 billion in July, representing a 22.6 percent increase compared with the N760.08 billion recorded in June, the Central Bank of ...
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Shoprite
BUSINESS & ECONOMY COVER NEWSLETTER

Standard Bank Group: We stand ashamed before our African brothers and sisters FG: No Bomb Explosion at SA High Commission Nigeria stands to incur a huge cost if ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria wants to offer naira futures for as long as 10 years to help cushion against foreign-exchange risks and attract longer-term funding to Africa’s top oil producer. According ...
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FIRS
BUSINESS & ECONOMY COVER

Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Chief Elias Mbam, has commended the efforts of the Federal Inland Revenue Service (FIRS) towards revenue generation, stating ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The crucial market indices of the Nigerian Stock Exchange (NSE) sustained bearish posture, dropping further by 0.25 per cent. The News Agency of Nigeria (NAN) reports that the ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian equities market extended positive outlook on Tuesday with further growth of 0.08 percent. The News Agency of Nigeria (NAN) reports that the All-Share Index inched 21.70 ...
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