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CBN injects $364m into inter-bank forex market

The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity in

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Why we are refinancing local debts with $3bn – DMO

The Debt Management Office has given ressons why it is taken steps to refinance Federal Government’s maturing local debts with $3bn external borrowing. The DMO said in a statement on

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We need 100,000 tractors to meet agric targets – Udoma

The Minister of Budget and Planning, Senator Udo Udoma, has said the country needs more than 100,000 new tractors to achieve production targets in the agricultural sector. The minister said

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Invest in Nigeria now or regret in the nearest future – Osinbajo

Acting President Yemi Osinbajo on Monday called on investors to be serious about investing in the country before it becomes the sixth or seventh largest economy in the world in

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Nigeria, Indonesia to deepen trade, business ties

The Minister of Budget and Planning, Senator Udoma Udo Udoma, has said Nigeria and Indonesia have agreed to deepen bilateral relations, especially in the areas of sharing information on national

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Nigeria Customs generates N308m in three states

The Niger, Kogi and Kwara Area Commands of the Nigeria Customs Service generated about N308 million in July 2017. Comptroller Benjamin Binga in charge of the three states disclosed this

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Nigerian govt okays amendment of list of pioneer industries, products

The Federal Executive Council (FEC) on Wednesday approved the amendment of the list of pioneer industries and products in the country and a tax holidays of three to five for

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Forex: CBN opens week with $195m intervention

The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small and Medium

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Inter-bank forex market gets $462m CBN boost

In line with its commitment to sustain and deepen flexibility in the foreign exchange market to further enhance foreign exchange flow in the economy, the Central Bank of Nigeria (CBN)

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Nigerian govt approves N5.6bn for Apapa Wharf, Abuja-Kaduna roads

The Federal Executive Council (FEC) on Wednesday approved N4.131 billion for the Apapa Wharf road works, Minister of Power, Works and Housing, Mr. Babatunde Fashola, said. Addressing State House correspondents

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