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MSMEs Receive N100bn Boost From CBN

MSMEs Receive N100bn Boost From CBN

🕔07:33, 13.Dec 2018

The Central Bank of Nigeria (CBN) has boosted Micro, Small and Medium Enterprises (MSMEs) in Nigeria with over N100 billion.

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Nigeria’s Economy Still Weak–Experts

Nigeria’s Economy Still Weak–Experts

🕔07:04, 11.Dec 2018

Following reports that Nigeria’s Gross Domestic Product (GDP) grew by 1.81 per cent (year-on-year) in real terms in the third quarter of 2018, economic experts hold the view that the economy is still weak.

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NNPC To Seal Deal On Refineries’ Revamp

NNPC To Seal Deal On Refineries’ Revamp

🕔08:10, 10.Dec 2018

The Nigerian National Petroleum Corporation(NNPC) is to seal a deal with third-party financiers and contractors for the revamp of its 445,000 barrel per day (bpd) combined capacity refineries in Kaduna, Warri and Port Harcourt next week.

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FG, Oil Marketers, Agree On Settlement Of Unpaid Claims

FG, Oil Marketers, Agree On Settlement Of Unpaid Claims

🕔13:00, 7.Dec 2018

The Federal Government and petroleum marketers yesterday agreed on settlement of outstanding claims and assured that operations at all depots and sales will continue until further notice.

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CBN Patches Up The Economy With Fresh Cash Injections

CBN Patches Up The Economy With Fresh Cash Injections

🕔06:36, 4.Dec 2018

In further attempts to save the naira from collapsing as well as ensuring its stability, the Central Bank of Nigeria(CBN) has again injected a total of $331.22 million in the retail Secondary market, in addition to CNY51.86 million in the spot and short-tenored forwards segment.

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Minimum Wage: NLC Gives FG Last Warning

Minimum Wage: NLC Gives FG Last Warning

🕔06:20, 3.Dec 2018

The Nigeria Labour Congress(NLC) has fired the final warning on the Federal Government over their silence on the N30,000 minimum wage proposal.

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Inflation Rate To Shoot Up To 11.4%–CBN

Inflation Rate To Shoot Up To 11.4%–CBN

🕔06:13, 3.Dec 2018

There could be more hunger and suffering in the country with the Central Bank of Nigeria(CBN) stating that Nigeria’s inflation could rise to about 11.4 per cent for the rest of this year till mid-2019.

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FG Explains Why Nigerian Products Are Not Accepted Abroad

FG Explains Why Nigerian Products Are Not Accepted Abroad

🕔05:56, 28.Nov 2018

The Federal Government yesterday revealed that most of the products manufactured in the country are being rejected when exported abroad. This was made known during a non-oil export dialogue convened by the Policy Development Facility Phase 2 funded by UK Aids.

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Corruption: FG To Forfeit $6bn From Shell, Eni Oil Deal

Corruption: FG To Forfeit $6bn From Shell, Eni Oil Deal

🕔07:33, 27.Nov 2018

The Nigerian government is set to forfeit an estimated $6 billion because of corruption in the sale of the Oil Prospecting Licence (OPL) 245 to Shell and Eni Oil in 2011.

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Why Strict Monetary Policy Is Good For Nigeria—CBN

Why Strict Monetary Policy Is Good For Nigeria—CBN

🕔07:43, 23.Nov 2018

The Central Bank of Nigeria(CBN) has hinted on maintaining its strict monetary policy—the Monetary Policy Committee(MPC)—stating that it is good for the country.

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