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Tinubu, Atiku, others proffer ways for economic recovery

    Tinubu, Atiku, others proffer ways for economic recovery

Nigeria needs to tap into its enormous natural and human resources to redirect her economy away from dependence on oil revenue and create a broad economic base to harness it

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India promises to buy more Nigerian crude oil

    India promises to buy more Nigerian crude oil

The Indian Government has promised to increase the volume of crude oil it buys from Nigeria. The Asian country also promised to invest $5bn in the Nigerian economy. The Indian

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Nigeria to get $1b AfDB loan to bridge budget gap

    Nigeria to get $1b AfDB loan to bridge budget gap

The African Development Bank (AfDB) has approved a $1 billion loan to cover the deficits in Nigeria’s 2016 budget, which is partly responsible for the economic recession. The loan is

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Troubled Naira plunges to 440 as dollar inflow drops

    Troubled Naira plunges to 440 as dollar inflow drops

The naira was sold at the parallel market for 440 per dollar on Sunday, as the lingering foreign exchange scarcity increased to a new level. The local currency, which closed

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N90bn bailout: FG to evaluate states’ fiscal plan

    N90bn bailout: FG to evaluate states’ fiscal plan

The Federal Government will soon begin an evaluation of the rate of compliance by state governments with the implementation of

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Oil prices rise ahead of OPEC meeting

    Oil prices rise ahead of OPEC meeting

Oil prices rose over the week despite late profit-taking, as traders switched attention to a looming meeting of key producers

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FIRS targets N5.2b from 10 million new taxpayers, says Fowler

    FIRS targets N5.2b from 10 million new taxpayers, says Fowler

Nigeria plans to raise N5.2 billion from taxes next year, Federal Inland Revenue Service (FIRS) Executive Chairman Babatunde Fowler, said

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Naira tumbles to 428 after MPC decision

    Naira tumbles to 428 after MPC decision

The naira tumbled against the United States dollar to 428 on Wednesday, down from 424 on Tuesday, as persistent dollar

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CBN rejects Finance minister’s call for interest rate cut …retains benchmark rate at 14%

    CBN rejects Finance minister’s call for interest rate cut …retains benchmark rate at 14%

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the

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Manufacturers back Finance minister’s call for interest rate cut

    Manufacturers back Finance minister’s call for interest rate cut

The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so

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