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Business

Emefiele bags Forbes award, woos investors to Nigeria

By Johnson Samson  The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been conferred with the 2017 Forbes Best of Africa Innovative Banking Award by the Forbes

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Nigerian govt needs $16bn for rail lines – Amaechi

By Ahmed Idris The federal government of Nigeria needs about $16 billion to construct major rail lines, Minister of Transportation, Mr. Rotimi Amaechi, has said. The minister said this on

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CBN doesn’t print money to support Nigerian govt – Osinbajo

By Ahmed Idris  Vice President Yemi Osinbajo has dismissed allegations that the Central Bank of Nigeria (CBN) was not following due process in the printing of money to support federal

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Effective border policing will promote made-in-Nigeria products – Osinbajo

By Ahmed Idris  The federal government of Nigeria is partnering with neighbouring countries to ensure that the country’s porous borders are better policed to tackle smuggling and the influx of

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Buhari appoints new deputy governor for CBN

President Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). She is to replace a former Deputy

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FG to investigate export of low quality yams to US

The Federal Executive Council has resolved to investigate a company that exported a consignment of yams found to be of poor quality to the United States. The Minister of Agriculture

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Nigerian govt kicks off ease of doing business

By Ahmed Idris The Presidential Enabling Business Environment Council (PEBEC) on Wednesday kicked off the National Action Plan (NAP 2.0) as part of federal government’s initiative to build a globally

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FG to pay N26bn to electricity distribution companies

By Ahmed Idris The Federal Executive Council has okayed the payment of N25.994 billion as debts owed by Ministries, Departments and Agencies to electricity distribution companies. The Minister of Power,

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CBN injects another $195m into forex market

The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank Foreign Exchange Market

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Nigeria govt plans exit of 90 international organisations

By Ahmed Idris  The federal government has commenced process of deregistering Nigeria from 90 out of the 310 international organizations it has subscribed to, Minister of Finance, Mrs. Kemi Adeosun,

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