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archiveSeptember 2, 2016

ECONOMYTOP STORY

Nigeria needs painful reforms to overcome economic crisis – Fitch

  forecasts 4.7% GDP growth in 2017 Nigeria will need to undergo painful reforms to come out of the present economic crisis. This was asserted in a recent report by Business Monitor International (BMI) a Fitch Group company, in its fourth quarter Country Risk Report focused on Nigeria, which includes...
REAL SECTORTOP STORY

NACCIMA commends CBN for licensing more IMTOs

National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Bassey Edem, has commended the Central Bank of Nigeria (CBN) for licensing eleven additional international Money Transfer Operators (IMTOs) to operate in the country as part of efforts to liberalize the foreign exchange market, ensure liquidity...
ECONOMYTOP STORY

Recession: Analysts unanimous on the way out

Some industry analysts have warned the Federal Government on the possibility of the recent announced recession blowing into full depression, if spending on infrastructure is not increased. Financial experts, who spoke exclusively to Business247 News Online, following the declaration by the Nigerian Bureau of Statistics (NBS) that Nigeria economy  is...
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