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Many Seemingly Rich Nigerians Are Bankrupt – Emir Sanusi

sanusilamidosanusi: I am Chairman of a company called Black Rhino. By the way, I don’t have a kobo in that company, but I am a Chairman. This short man who owns black stone said to us: “Gentlemen, here is $5 billion ...

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business to invest in nigeria

What Can Nigeria Do Today To Turn Around This Economic Mess Within 5 Years?

what can Nigeria do today, I mean start right now, that will produce sufficient dividend to turn around this economic mess within 5 years? I see nothing, do you? ……….Ezekwe Gregg, You ask a very valid question that should actually ...

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CBN drags Nine Banks For Failing To Remit $2.3bn NNPC Funds

Determined not to tolerate any further breach of extant financial regulations, the Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions. The banks, THISDAY exclusively gathered this afternoon, were barred for failing to remit the ...

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cross river

Check Out The Cross River Garment Textile Factory (Photos)

That is Cross River Garment Textile Factory, when completed will produce African and Italian fabrics. It can also be anticipated to generate jobs and help to cut back our reliance on foreign fabrics. See more pictures below.

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Nigeria Flag

Top 5 Reasons Why Nigerians Don’t Patronize Made In Nigeria Products

There as been recent calls by the Government and concerned Nigerians calling on Nigerians to Buy Goods made in Nigeria so as to make the Naira Stronger.The fact still remains that Nigerians prefer to buy Foreign goods instead of Nigerian ...

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CBN blocks money transfers into Nigeria from almost all the International Money Transfer Operators

CBN, in a statement by its Acting Director, Corporate Communications, Isaac Okoroafor, has advised Nigerians at home and in the Diaspora to beware of the unwholesome activities of some unlicensed International Money Transfer Operators in the country. It said that ...

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Dmitry Orlov interviewed on the Keiser Report


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Nigerians should not panic, we’re still the biggest economy in Africa – Kemi Adeosun

Nigeria technically in recession – Minister of Finance, Kemi Adeosun

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Amaechi inks over 3 trillion naira ($11.117bn) Lagos-Calabar railway project

Amaechi signs MoU on the $11.117bn Lagos-Calabar railway project expected to be completed in 2 years See more photos after the page break.

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FG to borrow ₦395bn via bonds

According the Debt Management Office ( DMO ) the FG is planning to borrow between N305bn and N395bn ($1.08bn-$1.40bn) in local currency-denominated bonds with maturities ranging from five to 20 years in the third quarter of this year. The FG ...

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