Economy
Can Nigeria achieve N18 trillion revenue target?
Although the economy has literally gone south, no thanks to the disruptions imposed by the ranging coronavirus pandemic across the...
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Banks raise lending rates to 30%
Banks’ loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this...
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Lagos Reduces Isolation Centres as Covid-19 Cases Decrease
Lifts ban on worship places, restaurants, others Research shows students still at risk if schools reopen now The Lagos...
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COVID-19: Charter airlines defy flight ban, fly rich Nigerians abroad
charge passengers $4,000-$8,000 per seat to UK, others Only evacuation, essential service flights approved –FG Some charter airlines have begun...
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COVID-19: Anxiety in states as schools get ready to re-open
•Lagos, Ondo fumigate institutions ahead of Tuesday resumption •Cross River stockpiles café masks for distribution to students •No face mask,...
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Egbin, nine other power plants suffer gas shortage
The nation’s biggest power plant, Egbin, and nine other plants have seen their output drop on the back of gas...
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One year on, multibillion naira goods stuck at Seme border
• Operators, Service Providers Put Daily Losses At Millions Of Dollars • Smuggling Still Rife – Experts • Closure Against ECOWAS...
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Is Sub-Saharan Africa’s Capital Market in Distress?
Investment banking fees in sub-Saharan Africa reached an estimated US$64.5 million during the second quarter of 2020, half the value...
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Senate probes fresh multi-billion naira fraud in NDDC
Panel to grill MD Wednesday over funds unaccounted for Buhari decries abuse of trust in EFCC, NDDC The Senate...
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Eid-El Kabir: Errors push PoS failed payments to 23%
Many Nigerians experienced declined transactions on Point of Sales terminals all over the country as PoS transactions failure rate hit...
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Multiple taxes, bills choke Nigerians amidst pay cuts, pandemic
Multiple taxation, bill hike and salary cuts are fast becoming the new normal to business owners and workers in Nigeria....
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Many public assets not actively managed — Aganga
A former Minister of Finance, Olusegun Aganga, has said there are so many assets held by different ministries, departments and...
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Banks Squeezed as CBN Shores up Naira
Nigeria’s banks are expected to take a big hit to revenues and face rising borrowing costs this year as the...
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Be patient, pray, Buhari, Saraki tell Nigerians at sallah
President Muhammadu Buhari, yesterday, urged Nigerians to continue to exercise patience in the face of inconveniences created by enforced measures...
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IMF introduces new transparency code for Nigeria, others
The executive board of the International Monetary Fund has approved the new IMF Central Bank Transparency code. It said in...
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Investors to boost gold trade in Nigeria
The Event Manager, Gold West Africa, Nicole Smith, has said the organisation is working with investors to develop trade in...
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Abiodun signs revised budget, seeks support for Lagos-Abeokuta road
Ogun State Governor Dapo Abiodun has signed the revised 2020 Appropriation Bill into law, with a pledge to pay attention...
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Delta community threatens to shut down oil export terminal over alleged marginalisation
Nigeria’s crude oil export terminal at Forcados, Delta State, risks being shut down as leaders of the host community, Ogulagha...
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NNPC: no stolen crude oil found in China
THE Nigerian National Petroleum Corporation (NNPC) on Thursrday denied reports (not by The Nation) that its officials sold 48 million...
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FIRS extends returns filing deadline by 7 days
The Federal Inland Revenue Service (FIRS) has extended the deadline for filing of returns in a number of tax categories...
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Nigeria-China trade imbalance widens despite currency swap
• Nation’s share of trade volume since 2013 is 11% • China missing in top 10 trading partner chart ...
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COVID-19 Forces Buhari to Suspend Sallah Homage
In compliance with COVID-19 regulations, President Muhammadu Buhari will not be receiving Sallah homage by religious, community, party and government...
Read moreDormant loans hit N1.2tn as experts differ on plans to debit defaulters
Non Performing Loans (NPLs) have risen to N1.2 trillion as of June 2020, with a N721.3 billion increase since 2015,...
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FEC okays release of 15.21m euros, N1.708b for power deal
The Federal Executive Council (FEC) has ratified an anticipatory approval for the release of 15.21 million euros and N1.708 billion...
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FBN Holdings Records 56% Growth in Half-year Profit to N49.5bn
FBN Holdings Plc wednesday reported gross earnings of N296.4 billion for the six months ended June 30, 2020, showing an...
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