Foreign investors dump more Nigerian shares
The nation’s stock market suffered foreign investment outflows of N41bn in April, compared to...
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Category: Business
Oil prices drop three per cent to $70
Oil futures sank yesterday as an unexpected build in United States (U.S.) crude stockpiles...
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CBN’s Moves to Cap Treasury Bills Investment Unsettle Banks
The moves by the Central Bank of Nigeria (CBN) to limit commercial banks’ investment in treasury...
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Treasury Bills, Bonds: CBN To Limit Banks’ Investment
Retains MPR at 13.5%, CRR at 22.5% Obinna Chima, James Emejo and Nume Ekeghe The Central Bank of...
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FIRS Will Exceed N5.32t Revenue Collection In 2019, Says Fowler
The Federal Inland Revenue Service (FIRS) yesterday promised to surpass in 2019 the N5.32 trillion...
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NNPC to Inaugurate Largest LPG Storage in Benin
The Nigerian National Petroleum Corporation (NNPC) has said it will unveil the largest Liquefied...
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NSE blacklists 33 persons from capital market
The Nigerian Stock Exchange (NSE) has blacklisted no fewer than 33 persons for alleged corruption....
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Railway Village: FEC Approves N1.8bn For Buildings’ Rehabilitation
The Federal Executive Council has approved another N1.8bn for the reconstruction and...
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FG To Shut Down Enugu Airport Runway
The Federal Government on Friday said it planned to downgrade the Akanu Ibiam International...
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Inflation rate rose to 11.37% in April, says NBS
The National Bureau of Statistics on Wednesday released the Consumer Price Index, which measures...
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MAN, LCCI react as CBN gov says road ahead still rough, very tough
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the road ahead of the...
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Banks’ Borrowing from CBN Decreases on Improved Liquidity
The level of banks’ patronage of the Central Bank of Nigeria’s (CBN) window to borrow cash to...
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