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FG should use reserves to reduce borrowing

FG should use reserves to reduce borrowing

Professor Akpan Ekpo, an economist and former director general of the West African Institute for Financial and Economic Management (WAIFEM), believes that the Federal Government does not need any tutorials from the World Bank or International monetary Fund (IMF) on how to handle the external reserves. Nigeria to grow by 1.9% due to fewer disruptions […]
The post FG should use reserves to reduce borrowing appeared first on The Sun Nigeria. …

N800b debt: Stakeholders seek end to fuel subsidy regime

N800b debt: Stakeholders seek end to fuel subsidy regime

Adewale Sanyaolu Stakeholders in the oil and gas industry on Sunday demanded an end to the Petroleum Subsidy Fund (PSF) scheme, warning that the N800 billion debt servicing to oil marketers was unsustainable. They equally advocated a total deregulation of the downstream sector of the petroleum industry as its  would unlock the huge private investment […]
The post N800b debt: Stakeholders seek end to fuel subsidy regime appeared first on The Sun Nigeria. …

Focus Labs and economic benefits of implementing ERGP

Focus Labs and economic benefits of implementing ERGP

The focus labs identified projects that can boost commercial and industrial development, employment generation with positive impact on families… Chiwendu Obienyi It is a little over one year since President Muhammadu Buhari’s administration launched the Economic Recovery and Growth Plan (ERGP) to unlock potential in the non-oil sector for the purpose of diversifying the economy to reduce […]
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Foreign reserves decline for the first time in eight months

Foreign reserves decline for the first time in eight months

Data made available by the Central Bank of Nigeria show that the nation’s foreign reserves dropped by $72 million between Thursday, May 10 and Monday, May 14. The reserves, which stood at $39.3 billion The post Foreign reserves decline for the first time in eight months appeared first on TheCable.

Nigeria’s Foreign Exchange Reserves Rise

  Nigeria’s foreign exchange reserves have climbed beyond $40billion as of last week, according to the Head of Communications, Central Bank of Nigeria (CBN), Mr Isaac Okoroafor. Data from the apex bank shows the reserves rose to $42.8 billion, growing by $3.5 billion since the beginning of the year. The reserves opened the New Year … Continue reading Nigeria’s Foreign Exchange Reserves Rise
The post Nigeria’s Foreign Exchange Reserves Rise appeared first on Channels Television. …

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