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Beware Of Foreign Portfolio Investments-Driven Growth, Nigerian Experts Warn

Economic experts have warned Nigeria not to be carried away by the influx of foreign portfolio investment dominating the Nigerian Stock Exchange (NSE), noting that a combination of highly mobile [...]

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Despite 2017 Bullish Year NSE Records Zero IPO ―CEO

The Nigerian Stock Exchange (NSE) in 2017, despite being a bullish year which translated to the Bourse emerging the 3rd best performing stock globally, recorded no Initial Public Offer (IPO). At [...]

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Experts Advise FG to Focus on Economic Growth Drivers

Financial and economic experts have advised the Federal Government to focus more on key economic growth drivers in the current fiscal year in order to fast track economic recovery. They spoke on [...]

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‘Govt, Private Sector must develop Indigenous Technologies’

The Chairman, Heir Holdings, Mr. Tony Elumelu, on Tuesday said the Federal Government must work with the private sector to develop indigenous technologies, noting that such innovations were also [...]

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Inflation Rate Drops for 11 Consecutive Months to 15.37%

The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation, with the rate dropping from 15.9 per cent in November to 15.37 per cent in December 2017. [...]

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FG Targets more Tax Revenue from VAIDS

The Federal Government expects to net considerable tax revenue this year through the implementation of the Voluntary Assets and Income Declaration Scheme. The scheme is an initiative of the [...]

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Naira Weakens to 364/dollar despite CBN Injections

The naira weakened to 364 per United States Dollar at the parallel market on Monday, despite the injection of $210m into the Interbank Foreign Exchange Market by the Central Bank of Nigeria. This [...]

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Release of Capital Funding Excites DMO

The Debt Management Office (DMO) says the release of N1.2 trillion for capital projects by the Federal Government in six months is a positive development in the country. The capital projects are [...]

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Inflation Rate Drops For 11 Consecutive Months To 15.37%

The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation, with the rate dropping from 15.9 per cent in November to 15.37 per cent in December 2017. [...]

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Expect Economic Growth with Inflation, SCB Tells Investors

Standard Chartered Bank’s Wealth Management Advisory has predicted strong economic growth with rising inflation for this year in its Outlook 2018 report. As the global economy gradually heats up [...]

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