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Nigeria
Friday, January 20, 2017

NSE Boss predicts Recovery from Recession in 2017

The CEO of the Nigeria Stock Exchange (NSE) Mr Oscar Onyema, has predicted that Nigeria’s economy would recover from recession in 2017...

CBN tells forex traders it won’t devalue Naira

Nigeria's central bank has told Bureau de Change operators it does not intend to devalue the naira and will support it at current levels,...

CBN sell $1bn forex to clear backlog of demand

The Central Bank of Nigeria, CBN, has sold foreign exchange, forex, worth N1 billion on the forward market to clear a backlog of dollar...

Naira scarcity: CBN fails to print small denominations in 1 year

The Central Bank of Nigeria (CBN) has not printed the small naira denominations for about a year, causing the scarcity of the notes in...

Gov. Ahmed presents “Budget of Introspection and Sustenance” to Kwara Assembly

Kwara State Governor, Dr Abdulfatah Ahmed, has presented a 2017 budget estimate of N135, 064, 529, 461 to the State House of Assembly for...

Nigeria’s external reserves now $25.4bn

By Francis Etuko     The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest data obtained from the website of the Central...

Buhari eager to reflate economy – Amaechi

Nigeria’s Minister of Transportation, Mr Rotimi Amaechi, has declared that President Muhammadu Buhari is eager to end the ongoing economic crisis in the nation. According...

Key Infrastructure To Gulp N1.05 Trillion in 2017

By Saminu Ibrahim     The federal government has dedicated a total of N1.047trillion to key infrastructural spending in 2017, minister of Budget and National Planning, Udoma...

2017 Federal Budget Proposals As Presented To The National Assembly On Wednesday 14th December,...

Protocols 1. It is my pleasure to present the 2017 Budget Proposals to this distinguished Joint Assembly: the Budget of Recovery and Growth. 2. We propose...

Scarcity of forex: Lloyds of London threatens to blacklist domestic airlines in Nigieria over...

The world’s leading insurance company for airlines, Lloyds of London, has threatened to blacklist domestic operators in Nigeria over a backlog of unpaid insurance...
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