Punch Inflation drops for ninth consecutive month to 15.91% The National Bureau of Statistics on Wednesday released the Consumer Price Index, which measures inflation, with the index dropping year-on-year from…
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Punch Nigeria’s debt grows by N8tn in two years Nigeria’s total debt stock rose by N8tn between September 2015 and September 2017, according to statistics provided by the Debt Management…
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The Nation $5.5b loan: Moody’s downgrade raises borrowing cost The Moody’s Investors’ Service downgrade of Nigeria’s long-term issuer and senior unsecured debt rating to B2 from B1 (with a stable…
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Punch FG’ll prosecute tax defaulters who shun VAIDS – Adeosun The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government would prosecute tax defaulters who fail…
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Punch We’ll consider Nigeria’s $400m loan request, says AfDB The African Development Bank on Tuesday said it could consider Nigeria for an additional $400m loan if such a request was…
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Punch CBN rules out naira fall as external reserves hit $34bn The nation’s external reserves have hit $34bn from $33.6bn attained on October 25, the Central Bank of Nigeria has…
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Punch 2017 budget: Reps raise concerns over 15% capital releases Members of the House of Representatives are unimpressed with what they term “poor capital releases” for the 2017 budget just…
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Punch House probes TCN’s $1.5bn, $500m foreign loans The House of Representatives has queried loans totaling $1.5bn taken from foreign creditors by the Transmission Company of Nigeria. World Bank: We’re…
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Punch We must borrow more to deliver infrastructure —Adeosun The Minister of Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver…
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Punch We’ll not burden Nigerians with unserviceable debts – Adeosun The Minister of Finance, Mrs. Kemi Adeosun, has said the thought of saddling future generations with unserviceable debts is not…
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