Metro

Nigeria has been ranked among the seven worst countries in the newly released World Bank’s Human Capital Index. In the index that was released on Thursday at the World Bank-IMF Annual Meetings, in Bali, Indonesia, Nigeria ranked 152 out of 157 countries on the list. Nigeria shared the bottom of the index with countries like Chad, South Sudan, Niger, Mali, Liberia. According …

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Thursday in Indonesia told a global audience that the implementation of the Economic Recovery and Growth Plan (ERGP 2017 – 2020), is moving Nigeria’s economy in a positive direction. Senator Udoma, who was speaking at the presentation of the International Monetary Fund (IMF) Regional Economic Outlook Report for Sub-Africa, …

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The Asset Management Corporation of Nigeria has said it wants a quick sale of Polaris Bank, the lender created to take over the assets and liabilities of the failed Skye Bank Plc. The Chief Executive Officer, AMCON, Ahmed Kuru, in an interview with Bloomberg in Lagos, said the divestment would be quick as the agency had met with the management …

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The CEO of the Nigerian Stock Exchange (NSE), Oscar Onyema has disclosed that the NSE is working on using the opportunities offered by digital revolution to transform the nation’s capital market. He said the aims of the move was to open more access to the capital for millions of Nigerians as well as avail more efficiencies and profits by way …

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Nigeria should explore ways of increasing revenue outside its traditional base of oil proceeds, the International Monetary Fund (IMF) has said. Speaking during a press briefing at the on-going 2018  IMF/World Bank Meetings in Bali, Indonesia, IMF’s Deputy Director, Fiscal Affairs Department, Paulo Mauro, explained that there is an issue of how  to increase Nigeria’s revenue base, pointing out that …

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…Welcome the impact Payment Banking Licenses will have on driving Financial Inclusion Nigeria’s largest GSM operators: Glo, 9Mobile, Airtel, MTN Nigeria, and Ntel, have  inaugurated the Telecommunications Financial Inclusion Committee, and laid out the roadmap for deepening financial inclusion and financial literacy across Nigeria. This follows on from the meeting held on Tuesday the 4th of September, where the GSM operators congregated to …

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Mr Udoma Udo Udoma, the Minister of Budget and National Planning, says the Federal Government has so far released N460 billion from the 2018 Budget for capital projects. The minister said this on Wednesday, while fielding questions from Nigerian journalists on the sidelines of the ongoing IMF and World Bank Group (WBG) Annual Meetings in Bali, Indonesia. Udoma also said …

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The West African Examinations Council has approved sanctions in all cases of examination malpractices. The Nigeria Examination Committee of WAEC during its 66th Meeting in Lagos revealed that henceforth, candidates who flout the rules and regulations guiding the conduct of the council’s examinations will bear the consequences. According to a press statement signed by Demianus Ojijeogu, Head of Public Affairs, …

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The Central Bank of Nigeria (CBN) may reduce the $8.1billion it ordered MTN Nigeria to repatriate as part of an ongoing disagreement, its governor Godwin Emefiele said yesterday. The MTN and the CBN are in a dispute over the transfer of $8.1 billion of funds which the bank said the company had sent abroad in breach of foreign-exchange regulations. Nigeria …

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Folake Sokoya Mubashiru Yusuff and his gay partner that escaped arrest since 15 after being caught in the act by Olalekan’s ex- wife are still at large,National Wire can report. The incident of Gay activity happened in Onikoko,Panseke area of Abeokuta,where the ex-wife was said to have always noticed her ex husband’s car. The woman also said she had always …

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