BUSINESS & ECONOMY

BUSINESS & ECONOMY

IMF
BUSINESS & ECONOMY

The International Monetary Fund (IMF) has put the global debt at $180 trillion, warning highly indebted emerging-markets and low-income countries against what it termed pro-cyclical fiscal policies. IMF ...
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BUSINESS & ECONOMY COVER

One month to the end of the year, the Nigerian stock market has shed N2.348 trillion following persistent weak demand for stocks in a bear market. Specifically, in ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian equities market closed lower on Thursday with further decline of 1.33 per cent to extend losing streak to five consecutive transactions days. The News Agency of ...
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CDC Group
BUSINESS & ECONOMY NEWSLETTER

A UK development finance firm, CDC Group, says it is considering investing over a $1 billion in Nigeria over the next four years. The firm aims also to ...
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cbn
BUSINESS & ECONOMY COVER NEWSLETTER

The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar. The News Agency of Nigeria(NAN) reports that the Naira lost N4, compared to ...
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Afreximbank
BUSINESS & ECONOMY COVER NEWSLETTER

Mr Gerald Nsomba, Manager, Intra-African Trade Finance in AFREXIMBANK, says the proposed Intra-African Trade fair in Egypt is expected to generate about $25 billion business deal. Nsomba disclosed ...
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BUSINESS & ECONOMY INTERNATIONAL

Unilever CEO Paul Polman is retiring at the end of the year after a decade in charge of one of the world’s biggest consumer goods businesses. Polman is ...
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Prosperity Index
BUSINESS & ECONOMY COVER

Nigeria has climbed up three positions on the 2018 Legatum Prosperity Index to become 129th among the world’s 149 countries. The Legatum Prosperity Index is an annual ranking ...
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World Bank
BUSINESS & ECONOMY

The World Bank has said that Nigeria’s Gross Domestic Product (GDP) growth is expected to hover slightly below two per cent in 2018, largely driven by non-oil industry ...
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IGR
BUSINESS & ECONOMY

Babatunde Fowler, Chairman, Federal Inland Revenue Service (FIRS) revealed on Tuesday that Bauchi state as the highest in Internally Generated Revenue (IGR) earner in the North East. He ...
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Bol, firm partner on entrepreneurial training, funding
BUSINESS & ECONOMY COVER

Edet Akpan, the permanent secretary, Federal Ministry of Industry, Trade and Investment, says the Bank of Industry (BOI) has disbursed N277.89 billion to 219,515 enterprises across the country ...
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BUSINESS & ECONOMY COVER

Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained sliding profile at the end of yesterday’s transactions, occasioned by price losses in the bellwethers, ...
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IGR
BUSINESS & ECONOMY COVER

The indication that state governments in the country are looking inwards to increase their internally generated revenue (IGR) was amplified with the release of the IGR profiles of ...
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LPS
BUSINESS & ECONOMY COVER

The 36 states of the federation received a total sum of N1.23 trillion as net allocation from the Federation Account Allocation Committee (FAAC) in the first half of ...
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Edo
BUSINESS & ECONOMY

Mr. Godwin Obaseki, the Edo State governor, on Monday presented the 2019 Appropriation Bill with plans to spend a total of N175.7 billion in the 2019 fiscal year, ...
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CBN
BUSINESS & ECONOMY COVER

The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign exchange (forex) market since it started its forays into the market ...
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stocks
BUSINESS & ECONOMY INTERNATIONAL NEWSLETTER

Europe’s markets rallied on Monday on signs that Italy was preparing to rework the spending plans that have fuelled tensions with the European Union, while Wall Street futures ...
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WTO
BUSINESS & ECONOMY NEWSLETTER

The European Union on Monday published proposals for reform of dispute settlement at the World Trade Organization (WTO), saying that it has agreed with China, India and other ...
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World Bank
BUSINESS & ECONOMY

The World Bank has stated that fiscal deficits in Nigeria will likely widen further in 2018 due to increased pre-election spending and sustained revenue shortfalls. It also noted ...
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BUSINESS & ECONOMY COVER

Nigeria and Senegal have agreed to strengthen bilateral relation in the areas of economic, trade and industry, tourism, security, defence, energy, agriculture and education. Senegalese Foreign Minister Sidiki ...
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