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ITF Empowers 11,000 SMEs

The Director-General/Chief Executive of the Industrial Training Fund, Mr. Joseph Ari, and the Ilorin Office Manager, ITF, Mr. Simeon Ogbonna, have said that the ITF has empowered 11,000 Small and [...]

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NEXIM Bank to Revive Multi-Trex with N5Bn

NEXIM Bank is expected to revive Multi-Trex Integrated Foods Plc with the sum of N5Bn to get the company up and running, and contribute significantly to economic growth. This was made known on [...]

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Government won’t Divert Capital Budget into Elections —Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government’s 2018 capital budget of N2.4Tn will be strictly used for infrastructural projects across the country, particularly the [...]

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Fuel Scarcity: NNPC to Import 100 Million Litres Daily

The Nigerian National Petroleum Corporation on Thursday 8th February announced that it had programmed to bring in two cargoes of petrol per day for the rest of this Month in order to boost supply [...]

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Spending on Infrastructure Attracting New Investments – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday 7th February, 2018 said the huge amount that the Federal Government was spending on infrastructure projects across the country was [...]

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FG Re-Appoints Consortium of Banks To Implement $2.5bn Euro Bond

The Federal Government has announced the re-appointment of a consortium of Banks including Citi Group, Standard Chartered, Stanbic IBTC, Whitten-Case and African Practice to implement its [...]

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$2.5bn Foreign Borrowing will not Increase Total Debt – DMO

The planned borrowing of $2.5bn from foreign sources will not increase the Nation’s total debt commitment, the Debt Management Office has assured Nigerians. The DMO, which gave the assurance in a [...]

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LASG Tasks Workers to Explore Tech Tools in Driving Citizens’ Expectations

The Lagos State Government has called on all public servants in the state to emulate the private sector by exploring the use of technology to meet citizens’ expectations. The Governor, Akinwunmi [...]

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As Nigeria’s Central Bank ‘Steals’ the Spotlight in January

Investor sentiment towards the Nigerian economy was dealt a slight blow, after the MPC cancelled the January meeting due to their “inability to form a quorum”. Although the missed Central Bank [...]

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Naira Records Marginal Gain as CBN sells $210m

The Naira recorded a marginal gain at the parallel market on Monday, closing at 363 per United States Dollar, up from 364/Dollar on Friday 2ND February, 2018. The local currency has been trading [...]

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