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Economy

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How the rescued banks stand

About a fortnight ago, the board and management of Oceanic Bank International Plc held what was described as an “interactive session” ...
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CBN sells N55b in Treasury Bills

The Central Bank of Nigeria (CBN) today disclosed that it sold N55 billion ($366.66 million) in short-dated treasury bills ......
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Economy grows by 7.68% in Q2 - CBN

Nigeria's economy grew by 7.68% in the second quarter. This was disclosed by the Governor of the Central Bank of Nigeria ......
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Nigeria: Inflation eases to 10.3%

The National Bureau of Statistics today declared that consumer inflation eased to 10.3 percent year-on-year in June ......
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Wages report in today.

The National Committee on Minimum Wage has said its report will be submitted to the Federal Government today. ...
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Banks to support Local oil firms

Commercial banks have pledged to provide long term financing needed by local companies to enable them build capacity ......
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SA Telkom's FY profit tumbles, may sell Multilinks Nigeria.

Telkom, South African based telephone operator posted little full-year profit on Monday,...
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Nigerian Economy Grew 7.23% in First Quarter on Oil

Oil production increase, due to the restoration of peace in the Niger Delta, has led to the growth of Nigeria’s economy by 7.2 percent...
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Nigeria:NNPC, marketers collaborate against fuel scarcity

A meeting between the Management of the Nigerian National Petroleum Corporation (NNPC), and members of the Major Oil Marketers Association of Nigeria (MOMAN), took centre stage on Thursday, in Abuja......
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