FG Spending Plan Seeks Modest Growth Amid Revenue Squeeze

The Federal Executive Council of Nigeria approved a three-year spending plan targeting modest economic growth as Africa’s most populous country tries to emerge from a revenue squeeze caused by the…

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Iran signals more willingness for OPEC action to boost oil price

Iran is sending positive signals that it may support joint action to prop up the oil market, sources in OPEC and the oil industry said, potentially aiding efforts to revive…

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Naira Slump Attracts Foreign Investors to Nigeria

More than two months after Nigeria allowed its currency to devalue, the country is starting to reap some dividends. In the past two weeks, Exotix Partners LLP and Standard Bank…

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