Business and Finance
Nigeria’s central bank is acting as ‘piggy bank’ to gov’t, says MPC member
Nigeria’s central bank is acting like a “piggy bank” with its funding of the government, a member of the Monetary...
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FG woos investor at Nigeria-US business forum in New York
As part of the activities lined up during the United Nations General Assembly (UNGA) taking place in New York, the...
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CBN gives banks four weeks to open forex sales point
The Central Bank of Nigeria (CBN) has given a four-week ultimatum to deposit money banks which have not complied with...
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Manufacturing sector still deep in recession, says NECA
Although reports by the National Bureau of Statistics (NBS) that Nigeria, which had been reeling under the heavy weight of...
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Nigeria cocoa output bounce back in 2017/18
The president of Cocoa Association in Nigeria, said Thursday that the country should see a bumper cocoa harvest in the coming...
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August inflation to come in at 15.97%, says Access Bank’s EIG, expects high treasury bills rate on CBN liquidity tightening
Analysts at Access Bank’s Economic Intelligence Group (EIG) say they are betting on Nigeria’s year-on-year August inflation coming in at...
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Supply-side factors of shale, new technologies to keep oil prices lower for longer
Oil prices have been forecast to remain lower than the pre-2014 $100 a barrel for a longer period on supply-side...
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High non-performing loans put banks at risk of collapse
Against the general belief in many quarters that the Nigerian financial system has stabilised, the reverse may be the case...
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Dangote considers acquiring largest cement firm in South Africa
In a bid to extend to consolidate on its growing business empire across the African continent, Africa’s richest man and...
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