BUSINESS & ECONOMY

BUSINESS & ECONOMY

BUSINESS & ECONOMY COVER NEWSLETTER

Ambode promises to deliver Lagos President Muhammadu Buhari Saturday declared that the economic policies of his government were having the right effect, saying this is evident in the ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

The Central Bank of Nigeria (CBN) has again made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $279.13 million and CNY ...
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mastercard
BUSINESS & ECONOMY

Setting a new tempo for brand expression, Mastercard debuts its sonic brand identity, a comprehensive sound architecture that signifies the latest advancement for the brand. Wherever consumers engage ...
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FIRS
BUSINESS & ECONOMY COVER NEWSLETTER

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, yesterday said the sum of N23 billion was realised from 45, 000 tax defaulters, who had over ...
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EFCC
BUSINESS & ECONOMY

The Economic and Financial Crimes Commission (EFCC) and the Association of Bureaux De Change Operators of Nigeria (ABCON) have taken the campaign against money laundering and terrorism financing ...
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CBN
BUSINESS & ECONOMY

The Federal Government recorded a fiscal deficit of N910.41bn in the fourth quarter of 2018, the Central Bank of Nigeria revealed in its latest economic report. It said, ...
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cbn
BUSINESS & ECONOMY COVER NEWSLETTER

The Naira yesterday appreciated to 361.72 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window dropped ...
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Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

The volume of shares traded on the Nigerian Stock Exchange (NSE) in January dropped by 42.38 per cent due to uncertainties surrounding the forthcoming general elections, said analysts. ...
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Ayade
BUSINESS & ECONOMY

Governor Ben Ayade of Cross River State has presented the 2019 budget, which he christens “Budget of Quabalistic Densification”, amounting to N1.043 trillion. He presented the budget at ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria’s (CBN) has risen to $48 billion since the apex bank ...
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cbn
BUSINESS & ECONOMY COVER NEWSLETTER

The Naira on Monday appreciated further at the parallel market in Lagos, exchanging at N358 to the dollar, stronger than N359 it traded on Friday. The Pound Sterling ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

No room for arbitrage in FX market, CBN insists At a total of N946.90 billion, the federal government’s non-oil revenue was below the proportionate quarterly budget estimate of ...
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NERC
BUSINESS & ECONOMY NEWSLETTER POWER & ENERGY

The Rural Electrification Agency (REA) has disclosed that out of the 37,000 shops located within the busy Ariaria International Market in Aba, Abia State, 4,000 have been connected ...
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Vitafoam
BUSINESS & ECONOMY

Vitafoam Nigeria Plc started its new financial year on a stronger footing with considerable growth across key performance indices. Key extracts of the interim report and accounts of ...
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Dangote
BUSINESS & ECONOMY OIL & GAS

The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at ...
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Goldman Sachs
BUSINESS & ECONOMY COVER NEWSLETTER

Goldman Sachs said it could withhold some pay from top executives as a result of an ongoing criminal probe of a Malaysian investment fund. The Wall Street firm said in ...
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National Bureau of Statistics
BUSINESS & ECONOMY COVER NEWSLETTER

States Internally Generated Revenue (IGR)  including the Federal Capital Territory (FCT) dropped to N264.38 billion in the third quarter of 2018 (Q3 2018) compared to N279.78 billion in ...
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Eurobonds
BUSINESS & ECONOMY Capital Market

Eurobonds from Sub-Saharan Africa will perform better this year even though debt levels in some parts of the region are ballooning, as diminishing prospects for further U.S. interest ...
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BUSINESS & ECONOMY

The Chairman of Zenith Bank Plc, Mr. Jim Ovia, has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Trading on the Nigerian Stock Exchange (NSE) has on Thursday  sustained its plunge for the fourth day with the market capitalisation declining by N220 billion. Specifically, the market ...
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