Economy
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CBN kicks against new anti-money laundering law
The Central Bank of Nigeria (CBN) on Thursday kicked against plans by the Senate to enact a new anti-money laundering…
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Nigeria replies IMF, explains why debt servicing has grown
The Debt Management Office (DMO) has picked holes in the analysis of the International Monetary Fund (IMF), which recently said…
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BREAKING: Selling of forex to banks to end in 2022 — CBN
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex…
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Nigeria’ll spend 93% of 2022 revenue on debt servicing, says IMF
The International Monetary Fund (IMF) has predicted that the Federal government could spend as much as 92.6 per cent of…
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External reserves slide to four months low at $39.98bn
The external reserves have fallen below the $40billion mark to the lowest point in over three months, figures from the…
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Nigeria is living on extra time, says Sanusi
The former Emir of Kano, Muhammadu Sanusi II, on Monday, said Nigeria “is living on extra time,” declaring that the…
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Lagos govt to host 2nd edition of employment summit in March
The Lagos State Employment Trust Fund (LSETF), and the Ministry of Economic Planning and Budget (MEPB), have announced that they are…
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African countries need $485bn in the next three years to emerge from the current crisis – AfDB President
African Development Bank (AfDB) estimates that African countries need $485 billion in the next three years to emerge from the…
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Nigeria now depends on IMF, World Bank to pay salaries of workers – Prof Tomori
A professor of Virology, Oyewale Tomori, has said Nigeria is presently relying upon international agencies like International Monetary Fund (IMF)…
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FG begins population control, introduces new policy
President Muhammadu Buhari has launched the Revised National Policy on Population for Sustainable Development, stressing the need for urgent measures…
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