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Economy

FG studying situation on adoption of Eco as ECOWAS currency – Minister

The Federal Government says it is studying the situation on change of West African Economic and Monetary Union (UEMOA) currency, Eco, to be used...

DisCo debunks rumour of disconnecting pre-paid meter users in S/East

The Enugu Electricity Distribution Company (EEDC), has debunked rumour and false publications that the company was making moves to disconnect all pre-paid meter users...

Downward review of bank charges will affect bottom line of banking industry — CIBN

The Chartered Institute of Bankers of Nigeria (CIBN), said on Sunday that the downward review of bank charges would affect the net earnings and...

We’re committed to seaport project in Badagry – Sanwo-Olu

The Governor of Lagos State, Mr Babajide Sanwo-Olu, says his administration is highly committed to the issue of seaport project in Badagry.Sanwo-Olu made this...

Why Nigerians must focus more on state, LG budgets- Expert

Chief Adegboyega Adegoke,  the Chief Financial Officer, OES Energy Services, has called on Nigerians to focus more on state and local government budgets, being the...

Rep. empowers 100 indigent Abia widows at Christmas

Rep. Nkeiruka Onyejeocha, representing Isuikwuato/Umunneochi Federal Constituency of Abia, has donated empowerment items and cash to at least 100 indigent widows in the constituency,...

$30bn loan request: Sen. Adeola says money necessary for development

Chairman, Senate Committee on Finance, Sen Olamilekan Adeola on Thursday said the plan by the Federal Government to borrow about 30 billion dollars was...

Buhari inaugurates AfCFTA Action Committee, says Africa’s socio-economic integration must be rule-based

Nigeria’s position in the African Continental Free Trade Area (AfCFTA) remains that African economic and social integration must be rules-based and with built-in safeguards...

Infrastructure Deficit: States, FG May Borrow N2trn From Pension Funds Administrators

Williams Anuku, AbujaEfforts to address deficits in the 2020 budget may see the Federal and state governments borrowing over N2 trillion from...

Apapa LG disburses N16m to 160 small business owners

The Chairman of Apapa Local Government, Mr Owolabi Adele, on Wednesday disbursed N16 million to 160 small business owners, as part of the empowerment...

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