Punch Naira reverses gain, closes at 370/dollar The naira closed at 370 per United States dollar at the parallel market on Friday, reversing the modest gain it recorded on Thursday.…
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Guardian CBN’s power, airline interventions hit N277 billion Development interventions by the Central Bank of Nigeria (CBN) in the power and aviation sectors have reached N277.4 billion cumulatively between September…
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Guardian CBN injects $364m into inter-bank forex market The Central Bank of Nigeria (CBN) yesterday intervened in the inter-bank foreign exchange market to the tune of $364 million in a…
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Take nothing away from Niger Delta and North-Eastern milestones After stalling for months, the National Assembly finally passed the nation’s 2017 budget in May 2017—albeit coming after a slight alteration…
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Punch Police exit threatens N6.4tn pension funds A bill to amend the Pension Reform Act 2014 that will lead to the exclusion of members of the Nigeria Police Force, the…
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Punch FG approves MTEF, targets 7% growth by 2020 The Federal Executive Council on Wednesday approved the 2018-2020 Medium-Term Expenditure Framework and Fiscal Strategy Paper, which hopes to achieve seven…
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According to this Economic Update, the spread between BDC and I&E window rates narrowed from 4% in April to 0.1% in July 2 save for the official rate. FMDQ ignites…
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Punch NBET, TCN demand N35.4bn electricity payments from Benin, Niger The Nigerian Bulk Electricity Trading Plc and the Transmission Company of Nigeria have jointly written to power firms of the…
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We want you to know that now is the time to look at the equity investment. Trends show the market is about to rebound and the value of stocks are…
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In this Economic Update report suggests that debt service is likely to exceed government’s target for the second year running. Budget 2017: Higher financing to trump revenue gain: Acting President,…
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