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Nigeria-China Currency Swap Deal and Economic Development

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OCTOBER 4, 2018 - A prominent issue currently engaging the intellect of economic analysts is the proposed currency swap between the Nigerian Naira and...

Honda Invests $2.75 in General Motors, Acquires 5.7 Percent Stake

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OCTOBER 4, 2018 - Honda Motor is to invest $2.75 billion and take a 5.7 per cent stake in General Motors’ Cruise self-driving vehicle...

CBN, IMF, FMDA Call for Economic Reforms to Ensure Stability

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ABUJA, OCTOBER 4, 2018 - The Central Bank of Nigeria (CBN), International Monetary Fund (IMF), and Financial Market Dealers Association (FMDA), were unanimous in...

CBN injects $210 million into currency market

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ABUJA, OCTOBER 4, 2018 - Nigeria’s central bank said on Wednesday it had injected $210 million into the interbank foreign exchange market, as it...

Mobilising Nigeria’s tech space for economic growth

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By Ogunfowoke, Adeniyi Ayuba WED, OCT 03 2018-theG&BJournal-The price of crude oil has been crashing after years of successive boom. Nigeria as an oil producing...

Web Summit to remain in Lisbon until 2028, in a new...

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LISBON, Portugal WED, OCT 03 2018-theG&BJournal-Paddy​ Cosgrave, CEO of Web Summit (WebSummit.com), and Antonio Costa, Prime Minister of Portugal revealed today that Lisbon will...

World Bank cuts sub-Saharan Africa’s 2018 growth forecast to 2.7 pct

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NAIROBI, OCTOBER 3, 2018 - The World Bank has cut its economic growth forecast for sub-Saharan Africa this year to 2.7 percent from an...

Nigeria’s Manufacturing Sector Records Marginal Growth in September – CBN Report

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ABUJA, OCTOBER 3, 2018 - Activity in the manufacturing sector expanded in September,but at a slow pace compared with the previous month, the Central...

Oil Prices Ease, Remain Close to 4-Year Highs

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OCTOBER 3, 2018 - Oil prices steadied near their highest since November 2014 on Tuesday as markets braced for tighter supply once U.S. sanctions...

Global Stocks Retreat as Italy Angst Grips Europe

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OCTOBER 3, 2018 - Global stocks went south and European assets sold off on Tuesday after anti-euro comments from an Italian party official weighed...