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Business
Reps suspend consideration of Electoral Act, $2.8bn Eurobond
Hope for a quick approval of the $2.8 billion Eurobond loan request by President Muhammadu Buhari to finance the 2018 budget and…
Nigeria’s foreign reserves drop to $43bn
The nation’s foreign exchange reserves have dropped to a seven-month low of $43bn.
According to the latest data from the Central…
FEC approves implementation of no work, no pay principle during strike
The Federal Executive Council (FEC) has approved the implementation of the no work, no pay principle when workers go on strike in…
FG approves six transaction parties for $2.78bn Eurobonds
The Federal Executive Council on Wednesday approved six transaction parties to advise the Federal Government on the issuance of…
Senate asks CBN to suspend ‘excessive’ ATM charges, N10,000 maximum…
The Senate on Wednesday asked its committees on Banking, Insurance & other Financial Institutions and Finance to invite the…
NNPC denies holding $3.5 billion subsidy fund
The Nigerian National Petroleum Corporation (NNPC) has denied claims that it has in its custody 3.5 billion dollars Subsidy fund.…
Expect privatisation of more national assets – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has given hints that more state-owned enterprises would be…
Inflation jumped to 11.28% in September – NBS
Nigeria’s consumer price index (CPI), otherwise known as inflation rate for goods and services, rose to the highest level since…
Nigerians paid more PMS in September – NBS
The National Bureau of Statistics (NBS) said the price paid by consumers for Premium Motor Spirit (Petrol) increased to N147.30 in…
Don’t float $2.8bn Eurobond, Ezekwesili tells FG
A former Vice-President (Africa) of World Bank, Mrs Oby Ezekwesili, has advised the Federal Government to suspend its plan to…