Nigerian Content Development and Monitoring Board (CDMB) will not relent in its efforts to propagate the use of local contents in every aspect of the economy for growth, its Executive Secretary, Simbi Wabote, has said. He said the need became imperative in order to encourage the use of local contents, by successive administrations in theRead More …
growth
NSE market indicators record 2.04% growth
ACTIVITIES on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips. The market capitalisation rose by N242 billion or 2.04 per cent […]
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Saraki consults Jonathan in Abuja
U.S honours Azikel chief over growth
The United States (U.S) government has honoured the President of Azikel Group, Dr. Azibapu Eruani, for supporting industrialisation and economic growth in Nigeria. He was honoured with the prestigious merit award of International Partnership through his industries and refinery. A statement by the Media Assistant to the President, Azikel Group, Austin Ebipade, said the awardRead More
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New CBN credit policy will stimulate economic growth
AN economist, Mr Titus Okuroumu, on Friday expressed optimism that the new Central Bank of Nigeria (CBN) credit policy would consolidate the gains already made in the economy and stimulate growth. Okuroumu, a former CBN […]
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NSE: Trading resumes after Eid-El-Kabir celebration with 1.57% growth
TRANSACTIONS reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose […]
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Samsung seeks to invest billions in new tech to drive future growth
South Korea’s Samsung Group on Wednesday said it would invest $22 billion over the next three years in cutting-edge technology including artificial intelligence, self-driving cars and biopharmaceuticals, as it searches for ways to drive future growth. The investment will be primarily led by Samsung Electronics, the world’s biggest maker of memory chips, which has faced […] …
NSE: transactions reopen on positive note with 0.84% growth
TRADING opened for the week on the Nigerian Stock Exchange (NSE) on a positive note with 0.84 per cent growth following gains by some blue chips. Seplat emerged investors delight with a gain of N62.50 […]
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SMEs engine of growth, says group
The Aspen Network of Development Entrepreneurs (ANDE) has identified Small and Growing Businesses (SGBs) in emerging markets as key drivers of the economy. The group said it is committed to supporting emerging market entrepreneurship because small and growing businesses could bridge the gaps of emerging economies, especially in Nigeria. As part of its objectives toRead More
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Danger as Nigeria records negative GDP growth Q1 2017 ― NBS
DESPITE technically exiting recession in the second quarter of 2017, Nigeria’s economy seems not out of the woods as it recorded worse growth during the first quarter of 2018 than in fourth quarter of 2017. […]
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