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Daily Archives: December 2, 2019

In 2020, tight monetary policy retains top spot

In 2020, tight monetary policy retains top spot

The hawkish stance of the Central Bank of Nigeria (CBN) over the years will crossover to 2020 and still retain its grip on the financial market. The apex bank, in its assessment of the global and domestic economies, will remain ...

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CCECC to support varsity of transportation with $50m

CCECC to support varsity of transportation with $50m

Minister of Transportation, Rotimi Amaechi has said the China Civil Engineering and Construction Corporation (CCECC) will be donating $50m to support the University of Transportation in Daura, Katsina State today. Amaechi explained that the establishment of the university was part ...

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Dangote oil refinery key equipment arrives from China

Dangote oil refinery key equipment arrives from China

Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process crude oil in its refinery being built in Lagos. The firm, in a statement, described the crude distillation column equipment as the ...

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Nigeria achieves, exceeds target on crude production cut

Oil may fall to $40, experts warn OPEC

Nigeria has consistently met and exceeded its crude oil production cut target which it voluntarily entered into as a member of the Organisation of Petroleum Exporting Countries, the Federal Government declared on Sunday. It also gave assurances of its total ...

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Border closure, forex restriction’ll boost capital market –Minister

Border closure, forex restriction’ll boost capital market –Minister

The Minister of Industry, Trade and Investment, Niyi Adebayo, has said the gains being recorded from the border closure and the foreign exchange restriction on 44 items will increase domestic business’ activities and make the capital market more active. Adebayo, ...

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