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Monday, November 19, 2018

FG, States, LGs share N714.8bn in July, as revenue declines by N107.1bn

Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July. The figure indicated a decline of N107.1 billion when compared to...

NLNG remits $6.5b as tax to FIRS

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah,...

Nigeria repositioning maritime -Buhari

President Muhammadu Buhari has identified maritime sector as rich with untapped assets which the government is repositioning to drive the economy and promote diversification. Buhari...

Nigeria records first strong GDP growth after recession

The Nigerian Bureau of Statistics (NBS) has reported that for the first time since Nigeria’s exit from recession, the Gross Domestic Product (GDP) has...

Dangote rallies NSE into black

Trading activities on the Nigerian Stock Exchange (NSE) sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second...

Nigeria, Russia to boost trade

Nigerian representative and Russia-Nigeria Council have met in Moscow where they resolved to strengthen bilateral trade and investment with the Russia Federation. Prof. Steve Ugbah,...

Loans for manufacturing, agric, other sectors at 9% : CBN issues guidelines

Agricultural, manufacturing  and the sectors considered as growth and employment stimulating,   can now borrow long term as much as N10billion at consolidated nine per...

Private sector borrowed N15.34 trillion in Q2

The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to...

Buhari Administration, foundation to re-engineer economy – Tinubu

The National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu, says the Administration of President Muhammadu Buhari is the foundation for re-engineering and...

CBN says record $91 billion entered Nigeria in 2017

The Central Bank of Nigeria (CBN), said the aggregate foreign exchange inflow into the country stood at $91 billion in 2017, a record compared...

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Buhari urges young Nigerians to emulate Jonathan

President Muhammadu Buhari said he believes the life journey of the former President Goodluck Jonathan should remain an inspiration to every young Nigerian. Although the...

Buhari lauds Nigeria-India relationship

President Muhammadu Buhari says the relationship between Nigeria and India is a worthy one, and mutually beneficial. The president said this when he received the...

AU mulls integrated market from January

Mr. Albert Muchanga, the Trade Commissioner of African Union (AU) has said the continent was set to initiate integrated market starting from January. No fewer...
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