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Nigeria’s Economy Still Vulnerable despite Exiting Recession – IMF

The IMF on Friday 22nd of December, 2017 said that in spite of Nigeria exiting the recession, the economy of the country is still vulnerable. The IMF in a statement by Raphael Ranspach, its Media [...]

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The CBN Non-Oil Export Stimulation Facility

The CBN non-oil export stimulation facility – IT is heartening that the Central Bank of Nigeria (CBN) has decided to bring back the N500 Billion export stimulation loan proposed two years ago and [...]

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Oil Sector Fiscal Terms Unattractive to Investors – NNRC

The existing fiscal terms in the Nigeria’s Oil and Gas sector are not strong enough to attract investors into the country, a report by the Nigerian Natural Resource Charter has revealed. [...]

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STOCK MARKET REPORT FOR DECEMBER 22ND, 2017

A total turnover of 2.243 billion shares worth N139.789 Billion in 18,466 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.852 billion shares [...]

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Nigeria’s Inflation Rate down 10 Times in A Row, Says NBS

Nigeria’s Consumer Price Index (CPI), which measures inflation, decreased to 15.90 per cent making it 0.01 per cent lower than the 15.91 per cent recorded in October, 2017. The National Bureau of [...]

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Nigeria Invests N180bn on National Science, Technology, Innovation 2030 – Minister

Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that the Federal Government is committed to investing N180 billion to ensure successful implementation of the National Science, [...]

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Nigeria, Others Need Commodity-Price Surge to Avert Debt Crunch–IMF

The sub-Saharan Africa faces a potential debt crunch unless commodity prices improve and boost the pace of economic growth, the International Monetary Fund has said. The Washington-based Fund [...]

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Naira Depreciates to 365/Dollar Despite CBN Interventions

The Naira depreciated marginally by 0.55 per cent at the parallel market week-on-week to close at N365 on Friday, 15th of December, 2017. The local currency had closed at 363/Dollar last Friday. [...]

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STOCK MARKET REPORT FOR DECEMBER 15TH, 2017

A total turnover of 1.852 billion shares worth N51.523 Billion in 23,863 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.316 billion shares [...]

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NSE Places 44 Companies on Red Alert

The Nigerian Stock Exchange (NSE) authorities have placed 44 companies on red alert, raising a caution to investors to beware of underlying corporate governance abuse. The latest tracker report [...]