Business/Finance

COVID-19: CBN says it expends N3.5trn to enhance economic growth

The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the…

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BPE denies alleged diversion of N2.5bn from PHCN

The Bureau of Public Enterprises (BPE) has said that  its officials did not divert N2.5 billion from the Power Holding Company…

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PDP slams Buhari over $1.2bn Brazil loan, describes borrowing as reckless

The Peoples Democratic Party (PDP), has chided President Muhammadu Buhari over plan to take another $1.2 billion loan from Brazil…

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EFCC presents 2021 budget to National Assembly

The Economic and Financial Crimes Commission (EFCC), on Wednesday, November 4, 2020, presented a budget of N29.861billion to the National…

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#EndSARS: Access Bank sued for N100 million

Access Bank Plc, Nigeria’s biggest lender, is accused of illegally blocking an account used to promote media coverage of protests…

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Afreximbank, others inaugurate $1.5bn facility to support African recovery amid global pandemic

THE African Export-Import Bank (Afreximbank) has inaugurated a 1.5 billion dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African…

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RMAFC begins review of wages of public, political officer holders

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has commenced review of remuneration packages of political and public officers. Chairman…

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Nigeria’s debt profile to reach N38.68trn in 2021 — FG

The Federal Government of Nigeria says Nigeria’s public debt stock is projected to rise to N38.68 trillion by December 31,…

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