BUSINESS & ECONOMY

BUSINESS & ECONOMY

World Bank's Portfolio in Nigeria
BUSINESS & ECONOMY COVER NEWSLETTER

El-Rufai advises govs to take advantage of financing opportunities The World Bank Country Director for Nigeria, Mr. Rachid Benmessaoud, Thursday said its net portfolio commitment to the country ...
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CBN
BUSINESS & ECONOMY COVER

The Central Bank of Nigeria sold a total of N114.6 billion worth of treasury bills yesterday, in its first such auction since mid-July as it seeks to boost ...
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EFCC
BUSINESS & ECONOMY COVER

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, has vowed to assist the Asset Management Corporation of Nigeria (AMCON), to recover monies ...
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Nigeria's Bilateral Debt
BUSINESS & ECONOMY COVER

Chinese credit accounts for 80 percent of all bilateral loans to Nigeria, according to data from the Debt Management Office (DMO). China provides loans to build railways, power ...
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NEXIM Bank Releases N24 billion Funding
BUSINESS & ECONOMY COVER SME Biz

The Nigerian Export Import Bank (NEXIM) said it has disbursed about N24 billion as well as approved applications worth N55 billion to non-exporters, many of whom are Small ...
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The stock market returned to bearish mode as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 0.52 percent to close at 27,527.40 after opening positively on ...
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Bi-Courtney Limited and Roygate Properties Limited, businesses promoted by Wale Babalakin, says the Assets Management Corporation of Nigeria (AMCON) should deduct its N49 billion debt from the N132 ...
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Olam Cuts Bid Price for Dangote Flour
BUSINESS & ECONOMY COVER NEWSLETTER

Olam International Limited, a Singaporean agro-allied company, which had offered to acquire Dangote Flour Mill (DFM) Plc for N130 billion yesterday announced a reduction of the bid price ...
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Nigeria Records $15 Billion Investment
BUSINESS & ECONOMY COVER

Between January and June this year, the Nigerian economy recorded a total investment commitment of $15.15 billion in various sectors of the economy, the Nigerian Investment Promotion Commission ...
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MTN , Dangote Shares Lift Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

Investors in the equities market of the Nigerian Stock Exchange (NSE) recorded a gain of N15 billion in first day trading of August, 2019, mainly on account of ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER

The Central Bank of Nigeria (CBN) Wednesday disclosed that some firms in the country have identified insufficient power supply, high interest rates and unfavourable economic climate as major ...
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AMCON'
BUSINESS & ECONOMY COVER

Vice President Yemi Osinbajo, on Tuesday, set up a task force with a mandate to devise a strategy to recover the N5 trillion owed to the Assets Management ...
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Senate to Spend an Estimated N5.550 billion
BUSINESS & ECONOMY

The President of the Senate, Ahmad Lawan, said on Tuesday that the desire of the ninth Senate and indeed the National Assembly is to have the budget cycle ...
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AMCON'
BUSINESS & ECONOMY COVER NEWSLETTER

Panel to go after 20 top defaulters The federal government has set up a special task force to recover over N5 trillion owed the Asset Management Corporation of ...
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AfCFTA
BUSINESS & ECONOMY COVER NEWSLETTER

The Standards Organisation of Nigeria (SON) has said it is prepared for the imminent implications of Nigeria’s signing of the African Continental Free Trade Area (AfCFTA) agreement recently ...
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Buhari
BUSINESS & ECONOMY COVER NEWSLETTER

President Muhammadu Buhari at the weekend in Abuja gave his nod for the establishment of National Action Committee (NAC) to herald the implementation of the African Continental Free ...
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FMDQ OTC
BUSINESS & ECONOMY COVER NEWSLETTER

Turnover in the Fixed Income and Currency (FIC) markets for half-year period ended June 30, 2019 was N199.22 trillion (about $51164billion). The figure was higher by 38 percent ...
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Forex Restriction on Milk Importation
BUSINESS & ECONOMY COVER NEWSLETTER

Case for investment in local production twisted  Ezekwesili: Planned policy dangerous The Central Bank of Nigeria (CBN) yesterday said that since its announcement of plans to restrict access ...
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NDIC
BUSINESS & ECONOMY COVER

The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has warned Nigerians to exercise maximum caution in the adoption of crypto currencies ...
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Nigerian Stock Market
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Stock Exchange (NSE) has launched Investor Relations (IR) Data Pack, a webpage integrated with key market data, corporate news and disclosures, for its corporate issuers. Mr ...
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