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Osinbajo Begins Preparation For 2018 Budget

Osinbajo Begins Preparation For 2018 Budget

When you present a budget to the National Assembly, it is presented as a bill, an appropriation bill. Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo on Tuesday in Abuja started preparatory activities for the 2018 budget based on the Federal Government’s Economic Recovery and Growth Plan. Anchored […]

10 Things You Need To Know About Debit Cards

10 Things You Need To Know About Debit Cards

If you use your debit card to purchase goods or services and then there is a dispute, you may never get your money back Almost any time you open an account, the bank will issue a debit card to you. While you may think of this as the Automatic Teller Machine card to draw money […]

Dollar Firms Against Sterling, Euro Amid Political Uncertainties

The dollar firmed against a basket of currencies on Tuesday as the euro and sterling were pressured by political uncertainties in the UK and eurozone, even as it surrendered ground against the perceived safe-haven yen. The dollar index, which tracks the greenback against a basket of six rival currencies, rose 0.2 percent to 97.659 .DXY, […]

Only Nigeria Can Fix Its Problems, EU Says

Only Nigeria Can Fix Its Problems, EU Says

it is only Nigerians that can solve their problem. The European Union (EU) has called on the Nigerian youth to be actively involved in the politics and leadership of the country, saying only Nigerians can solve the nation’s problems. The Deputy Head of EU Delegation to Nigeria and West Africa, Mr. Richard Young, made the […]

Nigeria: Bad Times Are Over, The Future Is Bright, Osinbajo Says

Nigeria: Bad Times Are Over, The Future Is Bright, Osinbajo Says

Nigeria’s Acting President Yemi Osinbajo on Monday urged Nigerians not to despair over the prevailing economic hardships, assuring them that the worst days were over and the future was brighter. In a nationwide broadcast to commemorate the mid-term anniversary of President Muhammadu Buhari’s administration, he said the most difficult phase of economic crisis had been […]

Your Money: How To Be Safe From Fake Financial News

Your Money: How To Be Safe From Fake Financial News

It can be surprisingly difficult to tell the difference between what is real and what is not, especially in an era where we do not get our information from a single trusted news source. Hey, we have a great stock tip for you – a stone-cold lock, guaranteed profits! Do you believe us? We hope […]

Nigeria To Soon Issue First Green Bond

Nigeria To Soon Issue First Green Bond

Nigeria plans to launch its delayed “green” bond – the first for an emerging market country – within a few weeks, a former minister for environment said. Amina Mohammed, now deputy secretary-general of the United Nations, told the Thomson Reuters Foundation proceeds from the sovereign bond – which is expected to raise about 20 billion […]

Timely Implementation Of ERGP’ll End Recession — CBN

Timely Implementation Of ERGP’ll End Recession — CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday called for the timely implementation of the recently launched Economic Recovery and Growth Plan to take the country out of recession. The committee, in a communique that was read by the CBN Governor, Mr. Godwin Emefiele, after its two-day meeting in Abuja, also […]

Nigeria’s Debt To Rise To 24.1% Of GDP By 2018 – IMF Says

Nigeria’s Debt To Rise To 24.1% Of GDP By 2018 – IMF Says

Nigeria’s indebtedness will climb to 24.1 per cent of its Gross Domestic Product by 2018, the International Monetary Fund has said. The IMF, which stated this in its World Economic and Financial Surveys, also projected that by the end of 2017, the country’s current indebtedness would have reached 23.3 per cent of the GDP. The […]

Fourth Mainland Bridge: Lagos State Terminates N844bn Contract

Fourth Mainland Bridge: Lagos State Terminates N844bn Contract

Lagos State Government said it has terminated the earlier contract with investors for the proposed N844 billion Fourth Mainland Bridge project and is presently considering various proposals from foreign investors from the United States of America and Britain, in order to accelerate commencement of the project. The Commissioner for Waterfront and Infrastructure Development, Adebowale Akinsanya, […]

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