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Naira weakens marginally against dollar at parallel market

The Naira on Wednesday lost one kobo to exchange at N358.4, weaker than N358.3 traded on Tuesday at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

London stocks rise after Tokyo gains

London's stock market rose on Tuesday following gains in Tokyo and a slump in the pound, with most world indices shut owing to public holidays.

CBN: Economic expansion persists in February

Central Bank of Nigeria, CBN, yesterday released its Purchasing Managers Index, PMI report for February, saying economic expansion persisted for the 13th month in manufacturing and non manufacturing sectors.

Nasarawa council chief urges residents to use mosquito nets

Mr James Thomas, the Chairman, Interim Management Committee of Karu Local Government Area of Nasarawa State, has called on

NAMEP to distribute 1.65 million mosquito nets in Nasarawa

A total of 1.65 million Long Lasting Insecticide Nets (LLIN), is to be distributed across the 13 Local Government Areas in Nasarawa state.

Nigeria’s inflation drops for the 13th month

Annual inflation in Nigeria stood at 14.33 per cent in February, slowing for the 13th month in a row.

Federal govt urged to ban sale of cigarettes in single sticks

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called on the federal government to immediately commence enforcement on the ban of sale of cigarettes in single sticks.

Tobacco: ERA/FoEN urges federal govt to enforce single stick ban

Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called on the federal government to immediately commence enforcement of the ban on sale of cigarettes in single sticks.

Kenya private-sector activity strongest in nearly two years

Kenya’s private-sector activity expanded at a rapid pace last month as output rose and orders increased, a survey showed on Monday, news that will cheer investors after months of election-related contraction last year.

January PMI index records slow growth – CBN

The Central Bank of Nigeria (CBN) yesterday reported that the January 2018 Purchasers Manager Index (PMI) - a survey which measures the productive activities in the manufacturing and non-manufacturing sectors of the country grew to 57.3 pet cent, howbeit sluggishly in comparative terms with previous growth trajectory.

Federal govt faults Moody’s sovereign rating of Nigeria

The Federal Government on Wednesday faulted the downgrading of Nigeria from B1 stable to B2 stable by Moody’s Sovereign Rating.

NBS to confirm Nigeria’s exit from recession Tuesday

The much awaited confirmation from National Bureau of Statistics (NBS) on whether or not Nigeria has finally exited its longest recession since 1987 will now be released on Tuesday.

Central bank’s forex injections boost confidence in economy – Analysts

“About 57per cent of the total foreign capital inflows into the Nigerian economy between January and May 2017 was recorded in April 2017 and May 2017 following the commencement of the I&E window on April 24, 2017,” they stated.

Fast-track manufacturing sector growth – expert tells govt

A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.

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