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Economy

Developing economies expected to rise by 4.1% in 2020 –World Bank

The World Bank says due to growth in emerging market, developing economies are expected to accelerate to 4.1 per cent in 2020.The bank made...

USAID Programme: FG pledges enabling environment for more investment

The Federal Government has reaffirmed its commitment to create an enabling environment to attract more investment opportunities into the country.Dr Nasir Sani-Gwarzo, the Permanent...

CBN retains minimum 65% loan deposit ratio

The Central Bank of Nigeria (CBN), says it has retained the minimum 65 per cent of Loan Deposit Ratio (LDR) in the interim.The CBN...

Expert cautions Nigeria against adopting Eco as single currency

Mr Godwin Eohoi, a Financial Expert on Tuesday cautioned Nigeria against joining other Francophone countries to adopt Eco as their single currency.Eohoi gave the...

NCS Tincan Island Port Command generates N346bn in 2019

The Nigeria Customs Service (NCS), Tincan Island Port Command, has generated N346 billion as revenue in 2019.The Customs Area Controller, Comptroller Mba Musa, said...

2020 Budget Implementation: LIRS to generate N500bn

The Lagos State Internal Revenue Service (LIRS) is to generate N500 billion toward the implementation of the 2020 budget, the state Commissioner for Economic...

Electricity Tariff: minor review order has no immediate impact on consumers -NERC

The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on January 3 has no immediate impact on end-user...

Nassarawa ADC chieftain pledges to continue empowerment of youths, widows in 2020

Mr Jacob Ajegana-Kudu, a Chieftain of African Democratic Congress (ADC) in Nassarawa Eggon East constituency, on Monday, promised to continue to empower youths, widows,...

No Insurance firm has met recapitalisation requirements -NAICOM

National Insurance Commission (NAICOM) said on Monday that no insurance company in the country could be categorised as having met the recapitalisation requirements for...

CBN releases guidelines on Nigerian payment system risk, information security management framework

The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide the management of risks...

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