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Customs Impound Contrabands Worth N105 Million in Edo

BUSINESS & ECONOMY
The Nigeria Customs Service (NCS) on Thursday said it seized contraband valued at N105.3 million in Benin, Edo State between Sept. 20 and Oct....

FG Raises N88.08 billion through Bond Auction to Finance 2018 Budget -DMO

BUSINESS & ECONOMY
The Debt Management Office (DMO), says  the Federal Government raised N88.08 billion at its bond auction on Wednesday, as part of moves to finance the...

2019 Budget will Reduce Inflation Threat, Says Uwaleke

BUSINESS & ECONOMY
A financial expert, Prof Uche Uwaleke, on Thursday, said that the Federal Government’s decision to reduce the size of the 2019 budget to N8.73...

FEC Approves N8.73 Trillion 2019 Budget proposal

BUSINESS & ECONOMY
The Federal Executive Council (FEC) on Wednesday approved a budgetary proposal of N8.73 trillion for 2019 fiscal year, N400 billion lower than the 2018...

Nigeria Has Serious Revenue Problem, Says Akabueze

BUSINESS & ECONOMY
Nigeria is currently facing a serious revenue problem, the Director of Budget in the Ministry of Budget and National Planning, Ben Akabueze, declared on...

Stocks Eye Sixth Day of Losses on Fears for Economic Growth, Company Profits

BUSINESS & ECONOMY
World stocks marked a sixth straight day of losses on Wednesday, oil prices slumped to two-month lows and Wall Street was tipped for a...

NSE Records 2.37 percent Decline amid Losses by Nestle, Dangote Cement

BUSINESS & ECONOMY
Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days. The News Agency of Nigeria (NAN)...

CBN Calls for Policies to Protect Nigeria’s Economy

BUSINESS & ECONOMY
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade war...

Nigerian Stock Exchange Capitalization Rises by N83 billion amid Bargain Hunting

BUSINESS & ECONOMY
Bargain hunting embarked by investors on highly capitalised stocks, pushed transactions on the Nigerian Stock Exchange in an upbeat yesterday, causing market capitalisation to...

$8.1 billion Fine on MTN Having Negative Effect on Economy – FG

BUSINESS & ECONOMY
The federal government yesterday admitted that the recent $8.1 billion fine imposed on MTN Nigeria and four other banks by the Central Bank of...

Stocks Tumble Globally as Investors Flee for Safety

BUSINESS & ECONOMY
Wall Street stocks followed Europe and Asia lower on Tuesday as investors fled for safety as they worried about U.S. earnings, Italy’s finances and...

Buhari commissions ECOWAS Joint Border Post

BUSINESS & ECONOMY
President Muhammadu Buhari along with his Republic of Benin counterpart, Patrice Talon, on Tuesday, inaugurated the new Economic Community of West African States (ECOWAS)...
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