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CBN Injects $210m Into Forex Market

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $210,000,000. Figures obtained...

Over 5 Million Pupils In 19 States Now Feed Free -Presidency

In furtherance of its goal to tackle poverty and hunger, and to create jobs for Nigerians in line with its inclusive growth plan, the Buhari administration’s National Home-Grown School Feeding (NHGSF) Programme is now in 19 states across the...

Nigeria Earns N69.2bn From Solid Minerals

Nigeria earned N69.2bn from solid minerals in 2015, representing an increase of 24 per cent on the N55.8bn generated from the sector in 2014, the Nigeria Extractive Industries Transparency Initiative announced. In its latest independent audit report, NEITI stated that...

Presidency Welcomes New GDP Figures

... Says Nigerian Economy Continues to Improve Steadily with Rise in Q3 Figures  In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP figures just released by the National Bureau of Statistics,...

Senate Probes Total Over $16bn Egina Project

The Senate Committee on Local Content has asked Total Upstream Nigeria Limited to provide it with details of the local content in the floating, production, storage and offloading of the Egina project being constructed by the oil major. When completed,...

Customs Collects N4bn Revenue Daily

The Nigeria Customs Service (NCS), disclosed that its daily revenue collection has hit over N4 billion, despite the harsh economic climate prevalent in the country. The service also revealed the seizure of 124,269 bags of 50kg parboiled rice valued at...
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