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Posts From Fikayo Owoeye

Edo, BOI launch N2bn fund for over 50,000 MSMEs

    Edo, BOI launch N2bn fund for over 50,000 MSMEs

The Edo government and the Bank of Industry (BOI) have unveiled a micro small and medium enterprise (MSME) development fund worth N2bn to support entrepreneurs in the state. The fund

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Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

    Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth since fourth quarter 2014. This is according to the second-quarter GDP report

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FAAC shares N760bn July allocation to FG, states — N109bn increase from June

    FAAC shares N760bn July allocation to FG, states — N109bn increase from June

The federation accounts allocation committee (FAAC) shared N760.717 billion to the three tiers of government for the month of July. This is represents an increase of N109.5 billion when compared

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Nigeria’s inflation rate slows 17.38% in July — fourth consecutive decline in 2021

    Nigeria’s inflation rate slows 17.38% in July — fourth consecutive decline in 2021

The consumer price index (CPI), which measures the rate of change in prices of goods and services, moderated for the fourth consecutive time to 17.38 percent in July from 17.75

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FG approves $1.48bn for rehabilitation of Kaduna, Warri refineries

  FG approves $1.48bn for rehabilitation of Kaduna, Warri refineries

The federal executive council (FEC) has approved the sum of $1.48 billion for the rehabilitation of both Warri and Kaduna

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FEC approves $11bn for Lagos-Calabar coastal rail project

  FEC approves $11bn for Lagos-Calabar coastal rail project

The federal executive council (FEC) has approved the sum of $11.17 billion for the Lagos-Calabar coastal rail project to link

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Buhari signs N983bn supplementary budget into law

  Buhari signs N983bn supplementary budget into law

President Muhammadu Buhari on Monday signed the 2021 supplementary appropriation bill of N983 billion into law. Umar El-yakub, senior special

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Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

  Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

The Bureau of Public Enterprise (BPE) has signed a share sale and purchase agreement (SSPA) with Quest Electricity Nigeria, the

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Oando enters settlement with SEC, agrees to withdraw all court cases

  Oando enters settlement with SEC, agrees to withdraw all court cases

Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the

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Nigeria’s inflation rate slows to 17.75% in June — third consecutive decline in 2021

  Nigeria’s inflation rate slows to 17.75% in June — third consecutive decline in 2021

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.75

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