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FG Released N2.5Tn for Capital Projects in 2016, 2017

Mr Ben Akabueze, Director General, Budget Office of the Federation, said yesterday, 26th of March, 2018 that the Federal Government released about N2.45 Trillion for capital projects from 2016 [...]

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2018 MPC: Financial Experts Seek Interest Rate of 13%

Some financial experts on Monday expressed optimism that the Monetary Policy Committee (MPC) would ensure ease of the Monetary Policy Rate (MPR) at its first 2018 meeting slated for April 3 and [...]

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‘Nigeria’s Tax: GDP Ratio Remains One of the Poorest in Africa’

Financial experts have lamented the country’s tax to GDP ratio, describing it as one of the poorest in Africa. The figure, which stands at just 6 per cent is significantly lower than Ghana and [...]

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IMF Seeks Total Implementation of ERGP to Boost Economic Growth

To boost economic growth and development, the Federal Government has been advised to fast track the implementation process of the Economic Recovery and Growth Plan (ERGP) to achieve a higher [...]

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Why Nigeria May Miss Targets for Oil Reserves

A 10-year target set by the Federal Government to boost crude oil reserves to 40 billion barrels and daily production to 4 million by 2020 is becoming unrealistic due to uncertainties that [...]

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STOCK MARKET REPORT FOR MARCH 23RD, 2018

A total turnover of 2.328 billion shares worth N28.927 Billion in 25,530 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.444 billion shares [...]

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INVESTORS STAKE N142. 8BN ON FGN BOND

Investors have continued to demonstrate high appetite for Federal Government of Nigeria (FGN) bond, staking N142.81 billion so far in the March 2018 series. The Debt Management Office (DMO) [...]

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INVESTORS STAKE N142. 8BN ON FGN BOND

Investors have continued to demonstrate high appetite for Federal Government of Nigeria (FGN) bond, staking N142.81 billion so far in the March 2018 series. The Debt Management Office (DMO) [...]

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NSE Moves to Forestall Price Decline In Newly Listed Entities

The Nigerian Stock Exchange, NSE, has commenced moves to curtail the usual free fall in the share prices of newly listed companies. This is coming months ahead of the listing of MTN Nigeria on [...]

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FG Releases N1.248Tn for Capital Projects

The Federal Government has released N1.248 Trillion for capital projects, Minister of Finance, Mrs Kemi Adeosun, disclosed, yesterday, 21st of March 2018. Adeosun, who addressed State House [...]