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GOVT OKAYS 90-DAY SPECIAL WINDOW FOR MSME REGISTRATION

The Federal Government has approved a 90-day special window to register businesses at a reduced rate of N5,000 in a bid to further ease the process of registering Micro, Small and Medium [...]

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UBER TO PAY $148M PENALTY OVER DATA BREACH

Ride-hailing service Uber agreed to pay record $148 million penalty over a massive 2016 data breach, which the company concealed for a year, New York’s attorney general announced on Wednesday. [...]

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AGAIN, CBN HOLDS MPR AT 14%, SEEKS SPEEDY BUDGET IMPLEMENTATION

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr. Godwin Emefiele, announced the decision of [...]

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INVESTORS LOSE N100 BILLION IN THREE TRADING DAYS

The dominance of the bears remains unabating on the equity sector of the Nigerian Stock Exchange (NSE), following continued price losses by virtually all the blue chip stocks, as investors’ [...]

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NIGERIA’S INDUSTRIAL PRODUCTION HAS FALLEN BY 41% –AFDB

Nigeria’s industrial value dropped by 41 per cent between 2012 and this year, the African Development Bank has said. The President, AfDB, Dr. Akinwumi Adesina, said this in a keynote address [...]

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NAIRA APPRECIATES TO N361.41/$ IN I&E WINDOW

The Naira, yesterday, appreciated slightly to N361.41 per Dollar in the Investors and Exporters (I&E) window of the Foreign Exchange market. Data from the Financial Market Dealers Quote [...]

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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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Rates Parity Likely as N307 Exchanges For Dollar

The Central Bank of Nigeria (CBN) has weakened the Naira marginally, selling the Dollar at N307 for the first time on the official interbank market. To traders, this could signal a gradual move [...]

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Nigeria’s Debt Stock Sky Rocket to N20.37tn

In a statement made available to our correspondent in Abuja on Tuesday, the DMO said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital [...]

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STOCK MARKET REPORT FOR NOVEMBER 10TH, 2017

A total turnover of 1.316 billion shares worth N13.784 Billion in 19,169 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.363 billion shares [...]

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