Sunday, October 17, 2021
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    Hammed Mohammadu

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    Nigeria eyes $3 billion Eurobond sale to fund budget deficits

    May 18 (Reuters) - Nigeria plans to issue $3 billion or more in Eurobonds as international capital markets (ICM) open up and interest rates...

    Nigeria’s Buhari asks parliament to approve $6.18 bln of new external borrowing

    May 18 - Nigeria's President Muhammadu Buhari asked parliament on Tuesday to approve new external borrowing of $6.18 billion this year. Nigeria will seek...

    50% of NLNG Train 7 to be executed locally – NCDMB

    Port Harcourt — The Nigerian Content Development and Monitoring Board, NCDMB, has assured that the country would record an impressive local participation in the...

    Dangote Cement restates commitment to closing demand-supply Gap

    …As construction of Okpella cement factory nears completion Following the surge in demand for cement products in the country, Dangote Cement Plc has restated commitment...

    MPR expected to remain 11.5% as concerns on Nigeria’s fragility economic recovery outweighs inflation

    Policy rate: 11.5% Inflation rate: 18.2% (March) Inflation target: 6% - 9% Nigerian food costs are growing at the fastest pace in more than 15 years Nigeria’s key...

    NGX resumes trading after Sallah break with N25bn growth

    Lagos, May 14, 2021 Trading resumed on the Nigerian Exchange (NGX) on Friday after the public holdiays to mark the Eid-el-Fitr celebration with a...

    Nigerian cocoa exporters lament over global price slump

    Exporters of cocoa are in a dilemma following continuing price slump in the international market. Cocoa, a key ingredient in chocolate, a luxury food...

    Seplat Plc.’s Earnings Bounced Back Strongly on Higher Oil Prices

    eplat Petroleum Development Company (Ticker: SEPLAT) Plc.’s earnings bounced back strongly on higher oil prices as the global economy heals gradually following the pandemic,...

    Nigeria extends Naira for dollar scheme as foreign currency reserve rises

    The Central Bank of Nigeria (CBN) has extended the Naira for dollar scheme till further notice, saying all aspects of the operationalisation of the...

    Nigeria’s Buhari ask Biden Administration to relocate Africa Command headquarters to help tackle worsening insecurities

    The United States should consider moving its military headquarters overseeing Africa to the continent, from Germany, to better tackle growing armed violence in the...

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