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archiveNovember 2017

NEWSTOP STORY

U.S. announces additional $45.5m support for North East

The United States government has announced $45.5 million as an additional aid to support Nigeria’s stabilisation and early recovery efforts to help those affected by the Boko Haram insurgency in the North East. U.S. Deputy Secretary of State, Mr John Sullivan, announced this on Monday during the meeting of the...
NEWSTOP STORY

Presidency welcomes latest GDP figures

  *Nigerian economy continues to improve steadily with rise in Q3 figures In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP figures just released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the charge. The Buhari...
BOND MARKETMARKETSTOP STORY

FG floats US$3bn dual-tranche bond

  …Announces pricing of US$1.5bn 10-year; US$1.5 billion 30-year notes under its Global Medium Term Note programme The Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme (increased from...
ECONOMYTOP STORY

Nigeria’s GDP rises by 1.40% third quarter

The National Bureau of Statistics (NBS) said on Monday that Nigeria’s Gross Domestic Product (GDP) grew in third quarter of 2017 by 1.40 per cent in real terms. In its report ‘Nigeria Gross Domestic Product Report’, the NBS noted that the development represents the second consecutive positive growth since the...
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