BUSINESS & ECONOMY

BUSINESS & ECONOMY

BUSINESS & ECONOMY COVER NEWSLETTER

Jumia and Konga, two major players in the e-Commerce, are creating visible excitement with eye-catching listing of their shares on the international market. Jumia is planning an initial ...
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SEC
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian stock market took a plunge yesterday as some disappointed investors reduced their appetite for equities while others sold to lock in profits due to apprehension over ...
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AfCFTA
BUSINESS & ECONOMY NEWSLETTER

At least 49 out of the 55 African Union (AU) member states have signed a Continental Free Trade Area (AfCFTA) agreement. The  is designed to create a single ...
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FAAC
BUSINESS & ECONOMY

The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed. The ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Airlines lament losses over cancellation of election The decision of the Independent National Electoral Commission (INEC) to postpone the presidential and National Assembly elections earlier scheduled for yesterday ...
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Inflation
BUSINESS & ECONOMY

The inflation rate dropped to 11.37 percent in January 2019 despite election spending. The Central Bank of Nigeria (CBN) had raised concerns on possibility of a spike in ...
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Over 91 million Nigerians are now living in extreme poverty, according to the report of World Poverty Clock, a Vienna, Austria-based data lab. The report said at least ...
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cbn
BUSINESS & ECONOMY COVER NEWSLETTER

The naira has in over 18 months remained stable at both the official and parallel markets despite several odds facing it ahead of the 2019 general elections, President, ...
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Stock market
BUSINESS & ECONOMY COVER NEWSLETTER

Despite concerns of political risk, the stock market has continued to display resilience as investors recorded gain of N712 billion in seven days of trading. The market, which ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

Bankers’ committee considers single-digit credit for creative industry The Central Bank of Nigeria (CBN) Thursday said it expected further stability in the foreign exchange market in 2019, banking ...
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NBS
BUSINESS & ECONOMY

The National Bureau of Statistics (NBS) said the total value of capital importation into Nigeria stood at 16.81 billion dollars in 2018 compared to 12.22 billion dollars capital ...
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GDP
BUSINESS & ECONOMY

The Nigerian Economic Summit Group (NESG) has said that the nation’s real Gross Domestic Product (GDP) will grow by 3.2 percent in 2019. Nigeria Economic Outlook report titled: ...
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BUSINESS & ECONOMY NEWSLETTER TRANSPORT & LOGISTICS

The Head of Nigeria’s Courier Regulatory Department (CRD) an independent arm of the Nigerian Postal Service (NIPOST), Prof. Simon Emeje, has insisted that the Nigerian courier industry is ...
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Nigerian Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

After days of upward trend, the bears upstaged the bulls yesterday, on the trading floor of the Nigerian Stock Exchange (NSE), following price losses suffered by some bellwethers, ...
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BUSINESS & ECONOMY COVER

Nigeria’s total capital importation dropped to $2.14 billion in the fourth quarter of 2018 (Q4, 2018) compared to $2.85 billion in the preceding quarter, according to the National ...
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NBS
BUSINESS & ECONOMY

The National Bureau of Statistics (NBS), said the services sector of the economy measured by the Gross Domestic Product (GDP) grew by 1.83 per cent in 2018. The ...
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NBS
BUSINESS & ECONOMY

Nigeria’s Gross Domestic Product (GDP) grew by 2.38 per cent in real terms (year-on-year), the National Bureau of Statistics (NBS) reported Tuesday. Daily Trust observes that the latest ...
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Minimum Wage
BUSINESS & ECONOMY COVER

Notwithstanding the volatility recorded by crude oil price since December last year, the federal government has reiterated that there was no cause for alarm about the benchmark price ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Nigeria expects $3 billion in investment funding from citizens living mainly in the U.S. to support the agriculture, power, mining and transportation sectors, a senior presidential adviser said. ...
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Connect Nigeria
BUSINESS & ECONOMY SME Biz

Abuja Chamber of Commerce and Industry (ACCI), has called for urgent  tax reforms to save Small and Medium Enterprises (SMEs) from demands for tax even before they begin ...
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