Continuous closure of Nigerian shops in Ghana worrisome – Dabiri-Erewa.
Nigeria has expressed concern over the continued closure of Nigerians shops in Ghana two weeks after President Koffi Nana-Akudo gave the order to reopen them. The Senior Special Assistant to the...
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West Africa to interlink payment system
West African countries have joined forces to interlink their payment system in order to make trading between them easier. The Director-General of West African Monetary Institute (WAMI), Mrs Ngozi...
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Senate directs CBN to suspend ATM card maintenance charges
The Senate has called on the Central Bank of Nigeria (CBN) to suspend the ATM card maintenance charges being deducted from customers in a resolution passed during plenary on Wednesday, October 17,...
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Osinbajo to kick-off entrepreneurship forum
Vice President Yemi Osinbajo will be leading other national and international dignitaries to declare open the fifth edition of the four-day entrepreneurship capacity-building summit kicking off on the...
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Senate directs CBN to suspend ATM card maintenance charges
The Senate has called on the Central Bank of Nigeria (CBN) to suspend the ATM card maintenance charges being deducted from customers in a resolution passed during plenary on Wednesday, October 17,...
View ArticleAuto-motivation: Reason We All Need to Buy Locally-Produced Cars
Nigeria is the number one car buyer in Africa, with an average of seventy thousand vehicles sold here annually. There is one vehicle for every twelve citizens in Nigeria, but true ownership of the...
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UK economy grows at fastest rate since 2016
The minister of power, works, and housing, Babatunde Fashola, says debt for infrastructure in Nigeria is good debt, as far as he is concerned. Speaking at the Africa Investment Forum in Sandton South...
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I Promise To Return Nigeria’s Cotton Industry To The ‘good Old Days’ – Buhari
In a bid to alleviate poverty and reduce the sufferings of the teeming Nigerian youths, President Muhammadu Buhari, today promised to bring back the Nigeria’s cotton and textile industry. According to...
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Nigeria, Belgium to resuscitate relations
Nigeria is set to resuscitate relations with Belgium, particularly in the area of investment initiatives. Nigerian Ambassador to Belgium, Ahmed Inusa, disclosed this today in Brussels. Inusa who noted...
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Electronic fraud in banking projected to hit N6.1trn by 2021 — CBN
The Central Bank of Nigeria (CBN) has said electronic fraud losses in the banking system are projected to reach six-point-one trillion naira by 2021. This implies that in three years’ time, bank...
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Akin Adesina: I am 100% sure Nigeria will sign free trade deal
President of the Africa Development Bank, Akinwumi Adesina, says he is confident that Nigeria and every other country on the continent will sign the Africa Free Trade agreement. Speaking in South...
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Black Friday: Online shoppers express distrust of Nigerian e-commerce platforms
Nigerian online shoppers have expressed their distrust of e-commerce platforms offering Black Friday deals. Monitoring the black Friday conversations on social media, most Nigerian online shoppers...
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2019 elections: CBN to monitor banks’ lending to politicians
The Central Bank of Nigeria has said that it will monitor the rate at which banks provide loans to politicians to finance their campaign spending ahead of the 2019 general elections. The Governor of...
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Saudi Arabia seeks Nigeria’s cooperation to stabilize global oil market
The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih, today held talks with the Federal Government of Nigeria as parts of effort to bring about a...
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Presidency vows to recover seven billion dollars CBN bailout to banks
The Presidency on Wednesday vowed to take all necessary measures to recover the seven billion dollars which the Central Bank of dashed commercial banks in 2006 as bailout cash. The chairman of the...
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World Bank sees Nigerian 2018 GDP growth at under two percent
The World Bank expects Nigeria’s economy to grow slightly less than 2 percent this year, largely driven by the non-oil industry and services sectors, as the approach of elections keeps foreign...
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South Africa Exits Recession Ahead Of 2019 Polls
South Africa broke free of recession on Tuesday when it reported GDP growth of 2.2 percent for the third quarter, the statistics authority said, marking a positive economic trajectory ahead of...
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Food prices ‘could rise 10%’ under Brexit
Food prices could rise between five percent and ten percent if there is a disorderly Brexit, the Bank of England governor, Mark Carney, has warned. Mr Carney told lawmakers that in the most “extreme”...
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NNPC records thirty-two billion naira trading surplus in eleven months
The Managing Director of the Petroleum Products Marketing Company Limited (PPMC), Mr. Umar Ajiya, has said that the company has returned to profitability with a trading surplus of thirty-two billion...
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Nigeria’s Inflation rate increases in November
The National Bureau of statistics (NBS), says the Consumer Price Index (CPI), which measured inflation increased to eleven-point-two-eight per cent (year-on-year) in November from eleven-point-two-six...
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