Ebun Francis || The governors of the 36 states are asking the federal government for another bail in the form of Budget support to assist states to offset arrears of accumulated…
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Category: Economy
CBN holds interest rate at ten year high
The central bank of Nigeria’s Monetary Policy Committee (MPC) at the end of its monthly meeting in Abuja on Tuesday decided to hold the interest rate at 14%. The central…
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Dangote Group to invest $4.6 billion in agriculture
Aliko Dangote, the Chief Executive Officer, Dangote Group has said that the company would invest $4.6 billion in nation’s agricultural sector in the next five years. Dangote listed sugar, rice,…
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Customs takes on Turkey over spate of arm imports —as Ali meets Turkish Ambassador today
The Comptroller-General of Customs, Col.(rtd.) Hameed Ali, is billed to meet with the Turkish Ambassador to Nigeria today over the spate of arms imports which have been traced to the…
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How interest income, securities boost Fidelity Bank H1 2017 performance
Alabingo Finance Report || While many commercial lenders cut down their risk assets due to the non-performing loans (NPLs) challenge bedeviling the Nigeria’s banking industry, Fidelity Bank rode on the…
Read More How interest income, securities boost Fidelity Bank H1 2017 performance