Politics
General news on the economy and politics.
HARD TIMES as Nigeria’s crude oil revenue dropped 18% in Q4’2014
NIGERIA'S crude oil earnings during the fourth quarter of 2014 declined from $9.95 billion (about N2.5 trillion) it recorded in...
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CBN to ban erring exporters
The Governor of Central Bank of Nigeria, Godwin Emefiele, has said the regulator is prepared to enforce the repatriation of...
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These are the 4 powers CBN does not want NDIC to have
The Central Bank yesterday appeared at a one-day public hearing on NDIC Act 2006, Cap N102 LFN 2012 (repeal and...
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Treasury Bills Calendar for April to June 2015
As we approach the end of a volatile First quarter for Treasury Bills, the time has come when the central...
Read moreDetailsHow House of Reps proposed N198 budget exchange rate helps the govt. but not you
The House of Reps met Thursday voted to back an exchange rate of 198 naira to the dollar for the 2015 Budget...
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House of Reps Cuts 2015 draft oil benchmark to $52
Nigeria's House of Representatives backed a proposed $54-a-barrel benchmark oil price for the 2015 budget on Thursday, $2 higher than...
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How the crash in naira has affected traders in Balogun market
Times are hard for traders at Balogun market, a melting pot for business transactions in the heart of Lagos,...
Read moreDetailsWhy fuel subsidy jumped to N1.4billion a day
The latest data (27/2/2015) from the website of the Petroleum Product Pricing Regulatory Authority (PPPRA) reveals the difference between the...
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Why are Nigerians rejecting the new N100 note?
It's two months after the introduction of the new N100 note and traders in Lagos have expressed concern that the feeble nature...
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First Bank restricts how much you can withdraw from your ATM in the US
Reports suggest First Bank has been sending messages to its depositors and debit card holders that it has now reduced...
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