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CBN injects $210m into forex market

The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN). According to figures obtained

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CBN revamps N500bn export stimulation fund

By Nasir Kura In its bid to diversify the country’s economy away from oil, in line with the Federal Government’s economic plan, the Central Bank of Nigeria (CBN) has announced

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Nigerians not taking enough sugar – Busari

By Abdulrahman Abdulraheem The Executive Secretary of the National Sugar Development Council (NSDC), Dr Abdul-Latif Demola Busari, has said that contrary to a concern being spread by an ongoing anti-sugar

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Dr. Emmanuel Ibe Kachikwu in conjunction with the Inter-Ministerial Working Group on Niger Delta, Visits Imo State.

The Honorable Minister of State for Petroleum Resources, Dr. Emmanuel I. Kachikwu in conjunction with the Inter-Ministerial Working Group on Niger Delta, today paid a visit to Imo State. They were received

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HMSPR, Dr. Emmanuel Ibe Kachikwu Continues The Inter-Ministerial Working Group Technical/Stakeholders’ Engagements in the Niger Delta States in Delta State.

The ongoing Technical/Stakeholders Engagement meeting being undertaken by the Honorable Minister of State, Petroleum Resources Dr. Emmanuel I. Kachikwu in conjunction with the Inter-Ministerial Working Group for the Niger Delta held the

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OPEC ends meeting, extends current production cooperation with Non OPEC oil producers …Nigeria and Libya exempted from cut

The 173rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) ended today in Vienna, Austria and extended its current production agreement entered with participating Non OPEC oil producers

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Emefiele tasks graduates on job creation

By Nasiru Kura The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has challenged the graduating students of University of Nigeria, Nsukka (UNN) to explore and take advantage of

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Nigeria’s GDP rises by 1.40%

By Johnson Solomon, Abuja The National Bureau of Statistics has announced a Gross Domestic Product (GDP) growth rate of 1.40 per cent in the third quarter of 2017. In its

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Osinbajo receives World Bank report on Ease of Doing Business

By Ahmed Idris The World Bank Country Director, Rachid Benmessaoud, has presented the Report on 2018 Ease of Doing Business to Vice President Yemi Osinbajo. Osinbajo also held a closed-door

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CBN pumps another $195m into Forex Market

The Central Bank of Nigeria (CBN), on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The apex Bank offered the sum of $100 million

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