Economy
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213South East Development Commission (SEDC) Eyes $1bn Asset Base via SEIC
BY BONNY AMADI The newly established South East Development Commission (SEDC) said it is targeting a $1 billion asset base through its...
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171Informal Sector: Bill To Regulate Recruitment Passes Second Reading In Senate
BONNY AMADI WITH AGENCYREPORT The Nigerian senate has passed for second reading a bill seeking to regulate and formalise employment in the...
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158FG urges oil firms to shore up production to meet OPEC quota
The Minister of State for Petroleum Resources, Gas Chief Ekperenkpo Ekpo on Wednesday urged oil and gas stakeholders to collaborate to meet...
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177LCCI urges CBN to indicate cautious future rate cuts
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to take a cautious stance on...
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190World Bank: Half of Nigerians Now in Poverty as Inflation outruns Minimum Wage
BY Bonny Amadi Nearly half of Nigeria’s population is now living in poverty as inflation continues to outrun the purchasing power of...
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168CBN’s MPC Retaining 27.50% MPR triggers Boost in fixed income, equities market
Noted drop in balance of payment surplus to $1.10bn in Q4-24, from USD4.21bn in Q3-24 BY BONNY AMADI The Monetary Policy Committee...
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146Debt: N1.85trn repaid by 33 States in 18months—NOA
BY BONNY AMADI The National Orientation Agency (NOA) has disclosed that the federal and state governments have reduced their debt burden remarkably....
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196ECOWAS Bank for Investment and Development set to open country office in Côte d’Ivoire
As part of efforts to grow its commitments in the ECOWAS sub-region while continuing to support socio-economic development, the ECOWAS Bank for...
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158Youth Unemployment, Lack of Human Capital Investments: World Bank Warns Nigeria
BY Bonny Amadi The World Bank has warned Nigeria about the lack of jobs for its growing labour force, which consists largely...
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226IMF Confirms Nigeria’s Repayment Of $3.4bn Pandemic Loan
Says Country owes about $30m Annually in Charges The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the US$3.4...
