• Governor-Godwin-Emefiele

    CBN Woos Investors, Raises MPR To 10-year High At 14%

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    The Central Bank of Nigeria (CBN) yesterday raised the monetary policy rate (MPR), which serves as national key lending rate, by 200 basis points to 14 per cent from 12 per cent in May, contrary to analysts’ expectations of a hold, thus further tightening liquidity in the banking system but expected to encourage savings and…

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  • NAHCON

    NAHCO Shareholders Approve N324.8m Dividends

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    Shareholders of the Nigerian Aviation Handling Company Plc, NAHCO Aviance, have commended the board and management of the company for declaring dividend and profitability for 2015 financial year. Speaking at its 35th Annual General Meeting(AGM) in Abuja yesterday, the shareholders said while most companies are now posting losses, NAHCO Aviance was able to record an…

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  • Senator Udoma Udo Udoma

    Nigeria’s Economy Will Grow In 2017 – Udo Udoma

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    The federal government has given assurance that the Nigerian economy is expected to experience growth next year despite the fact that it is tilting towards a recession at the moment. Speaking to State House correspondents after the National Economic Council (NEC) meeting, presided over by Vice President Yemi Osinbajo, the minister of Budget and National…

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  • Tonye Cole

    Food Africa Sustainable Platform For Zero Hunger, Poverty – Cole

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    Recently, the United Nations Sustainable Development Goals Fund (UN SDG-F), Sahara Group, Kaduna State Government and Roca Brothers (foremost chefs in the world) unveiled the Food Africa project in Kaduna to promote food security. In this interview with NSE ANTHONY-UKO, Mr Tonye Cole, Executive Director and Co-Founder, Sahara Group, speaks on the importance of the…

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  • Fuel Scarcity Petrol sells for N125 per litre in Umuahia

    Another Fuel Scarcity Looms As NARTO Threatens Withdrawal Of Services

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    …Issues 7-day ultimatum to FG Another fuel scarcity looms as petroleum transport owners under the aegis of the National Association of Road Transport Owners (NARTO) has issued a seven-day ultimatum to withdraw their services across the country unless the Petroleum Equilisation Fund (PEF) Management Board settles all outstanding freight charges owed them from January 1…

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  • Fuel Subsidy Removal

    Borno, Taraba, Adamawa Pay Highest For Petrol In June

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    Borno, Taraba and Adamawa states paid the highest prices for Premium Motor Spirit (PMS), popularly known as petrol, for the month of June 2016. Data from the monthly PMS/Petrol Watch for June 2016 released by the National Bureau of Statistics (NBS) yesterday showed that Borno paid N173 for a litre of petrol in June, while…

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  • UNEMPLOYMENT

    SDGs: Sahara Energy To Empower 12m Youths In 3 Years

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    As part of the private sector contribution to make the Sustainable Development Goals (SDGs) record more success than the Millennium Development Goals (MDGs), Sahara Energy has vowed to impact 12 million youths in the next three years. Under the SDG initiative, the private sector, State and Federal governments and the United Nations will come together…

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  • Governor-Godwin-Emefiele

    N268bn Contracts Payment, Treasury Bills Boost Economy

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    The Central Bank of Nigeria has boosted liquidity in the nation’s economy with payments to government contractors and inflow from maturing treasury bills which have left the money market with N267.10 billion surplus balance as at Friday. This has reversed the N300 billion shortfall of the previous week and pushed down the cost of borrowing…

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  • fortis

    Fortis Microfinance Bank’s Total Assets Grow To N19.94bn

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    …Declares bonus of one-for-one Fortis Microfinance Bank Plc has grown its total assets by 20 per cent to N19.94 billion for the financial year ended December 31, 3015 against N16.59billion the previous year. The bank’s gross earnings increased by nine per cent, from N3.36billion in 2014 to N3.65billion in 2015 while total deposit also increased…

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