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economy+april

Nigeria, Jamaica to Firm Up Bilateral Relations

Both Jamaica and Nigeria are seeking to strengthen their relationship, through trade, air services and culture. Newly appointed Nigerian High Commissioner to Jamaica, Janet Omoleegho Olisa, told JIS News that the two countries are finalizing a bilateral agreement. “What we...
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Nigeria’s External Reserves Hit $47.93bn

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Sunday disclosed that the nation’s foreign reserves has hit US$47.93 billion. He also reiterated Nigeria’s positive growth outlook, noting that a growth of 2.5 percent had been projected by...
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NETCO Posts N3.257bn Profit Before Tax in 2017

The National Engineering and Technical Company Limited (NETCO) recorded a profit before tax of N3.257 billion for 2017 financial year. A breakdown showed that the company’s revenue increased by 122 per cent to N22.46 billion in 2017 from N10.13 billion...
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I&E Window Attracts $20bn Inflows in One Year-CBN

Over $20 billion of inflows has so far entered the country through the Central Bank of Nigeria’s (CBN) Investors’ and Exporters’ (I&E) foreign exchange window, the CBN Governor, Mr. Godwin Emefiele, has said. He disclosed this yesterday in Uyo, Akwa-...
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Nigerian Investment Outlook Remains Promising

Nigerian economy will maintain a positive growth trajectory that will enhance corporate performance and deliver better returns to investors in the next three quarters. In its “Economic Review Report” released yesterday, GTI Securities stated that all indices point towards positive...
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Access Bank Unveils USSD Code to Obtain Loans

Access Bank Plc has launched a special USSD code for quicker and instant access to loans for its customers. The quick code, *901*11#, is a strategic tool for the recently-launched PayDay Loan product by the bank, according to a statement...
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