Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…
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Category: Economy
Senate approve Buhari’s loan request for $5.5bn
Ebun Francis || The Senate on Tuesday approved the $5.5 billion loan request from President Muhammadu Buhari to help fund capital projects in the 2017 budget and serving of the country’s…
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Naira Remains Strong as CBN Pumps in $195m
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…
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We Invested N700m on IT Infrastructure, Human Capital and Civil Works, Not Website
Ebun Francis || The ministry of mines and power on Sunday denied claims that it spent N700m to build a website. Abbas Mohammed, the permanent secretary of the ministry who…
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Emefiele lists gains of FX restriction on 41 Items
…outlines projections for 2018 The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the dogged implementation of the Bank’s policy, which restricts importers of certain items access to…
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