Emeka Ejere || Less than two weeks after OPEC’s decision to extend oil production cuts, Libya and Nigeria – the only two exempt members of the group – are signalling…
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Category: Economy
Forex Market gets another $210m boost from CBN
The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN). According to figures obtained…
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Ambode proposes N1.046tr for Lagos
Ebun Francis || Lagos State Governor Akinwunmi Ambode on Monday presented N1.046 trillion as 2017 Appropriation Bill to the House of Assembly for consideration. Christened: “Budget of Progress and Development”,…
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Nigerian Breweries appoints new Managing Director
Nigerian Breweries Plc has announced the appointment of Jordi Borrut Bel as the company’s Managing Director/CEO. The appointment takes effect on January 22, 2018. Mr. Borrut Bel will succeed Johan…
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CBN revamps N500b Export Stimulation Fund
…Repackages P.A.V.E In its bid to diversify the country’s economy away from oil, in line with the Federal Government’s economic plan, the Central Bank of Nigeria (CBN) has announced a…
Read More CBN revamps N500b Export Stimulation Fund