BUSINESS & ECONOMY

BUSINESS & ECONOMY

Osinbajo
BUSINESS & ECONOMY COVER

The Vice President of Nigeria, Prof. Yemi Osinbajo has said that Nigeria loses about N197 billion annually to digital financial fraud. Osinbajo, who stated this in Abuja at ...
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Guinness Nigeria
BUSINESS & ECONOMY COVER

Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, has declared a profit before tax of N3.8 billion in its ...
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CBN
BUSINESS & ECONOMY COVER

In a bid to make the Nigerian payment system align with international best practice and drive its cashless policy, the Central Bank of Nigeria yesterday released an exposure ...
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Budget
BUSINESS & ECONOMY

The 2019 Appropriation Bill otherwise called 2019 budget has scaled through second reading at the House of the Representatives. The bill has also been committed to the Appropriation ...
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Customs
BUSINESS & ECONOMY

The Nigeria Customs Service (NCS) has urged the Federal Government to reduce automotive levy on imported brand new vehicles from 35 percent to 10 percent. The Comptroller General ...
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Dollar
BUSINESS & ECONOMY NEWSLETTER

No fewer than 4,000 Bureau De Change (BDC) operators across the six geopolitical zones of the country have passed through the rigours of trainings on Anti-Money Laundering and Countering the Financing ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) at the weekend injected the sum of $289.76million into the retail Secondary ...
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2018 Budget
BUSINESS & ECONOMY COVER NEWSLETTER

Business has never been so good in the last five years at the FMDQ OTC Securities and Exchange Market as it was in 2018, when market turnover hit ...
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Okonjo-Iweala
BUSINESS & ECONOMY INTERNATIONAL

Sequel to the resignation of World Bank President, Jim Yong Kim, eligible candidates have started to signify interest in the top job. One of them is Nigeria’s former ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) nudged 0.46 per cent higher to close at 30,878.56 yesterday compared with a marginal rise the previous day, as gains ...
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BUSINESS & ECONOMY NEWSLETTER

Confirms Tukur as NFIU director The Senate on Wednesday approved the payment of N401.154 billion to seven contractors and 270 exporters for the settlement of outstanding local debts ...
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Nasarawa
BUSINESS & ECONOMY

The Nasarawa State House of Assembly on Wednesday passed the 2019 Appropriation Bill of N90.17 billion. A quick check on the bill showed that the House raised the ...
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Bitcoin
BUSINESS & ECONOMY Technology & Business

The US stock market appears to be having second thoughts about yesterday’s colossal sell-off, as Dow Jones futures are implying triple-digit gains at the opening bell. The cryptocurrency ...
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BUSINESS & ECONOMY

Global foreign direct investment (FDI) fell by nearly a fifth in 2018, to an estimated $1.2 trillion from $1.47 trillion in 2017, according to the latest UNCTAD Global ...
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Emefiele
BUSINESS & ECONOMY COVER

The nation’s current system of multiple exchange rates had produced the “most optimal results when compared with other emerging markets in recent times,” Emefiele told reporters Tuesday after ...
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BUSINESS & ECONOMY COVER NEWSLETTER

For the third time this year, the proposed second reading of the 2019 budget by members of the House of Representatives was postponed on Tuesday when the Leader of ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from accessing foreign exchange was ...
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NDIC
BUSINESS & ECONOMY COVER NEWSLETTER

The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that wanted to import equipment to ease business growth ...
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Enugu
BUSINESS & ECONOMY

The Enugu State House of Assembly on Thursday passed the state’s 2019 budget of N109, 199,243,000 with N43.49 billion earmarked for capital projects. The passage of the budget ...
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indices
BUSINESS & ECONOMY COVER NEWSLETTER

The equities market has recovered N235 billion in the past three days following gains recorded by bellwether stocks. The market, which dipped last week, had opened this week ...
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