Economy
Chevron to sack 25% of Nigerian workforce
TWENTY five per cent of jobs are on the line at Chevron Nigeria Limited in what the company yesterday described...
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FG inaugurates survival fund for 333,000 artisans, transporters
The Federal Government, on Thursday, formally inaugurated the artisans and transport sector track of the N75bn MSME Survival Fund and...
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FG will complete $1.6bn Lagos-Ibadan railway December – Amaechi
The $1.6bn Lagos-Ibadan railway project will be completed in December this year or early January 2021, the Minister of Transportation,...
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Petrol: Comparing Nigeria with Saudi Arabia ridiculous, TUC tells Buhari
The Trade Union Congress of Nigeria has condemned the comparison between Nigeria and Saudi Arabia made by the President, Major...
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Discos obey NERC, begin 14-day tariff hike suspension
Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the...
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In National Broadcast, Buhari Justifies Fuel Price Hike, Compares Nigeria with Chad, Niger, Saudi Arabia, Others
President Muhammadu Buhari Thursday justified the fuel price hike by his government arguing that a responsible government must take tough...
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No thrills in states, Abuja to celebrate Nigeria at 60
Coronavirus holds back plans Buhari to review military parade at Eagles square Nigeria turns 60 as an independent country on...
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FEC okays N13.08tn 2021 budget estimate
The Federal Executive Council has approved a budget estimate of N13.08tn for the 2021 fiscal year. The fiscal document was...
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Fed Govt clears Emirates Airlines to fly
The Federal Government has granted Emirates Airlines approval to operate international flights into Nigeria’s airspace. The approval followed an undertaking...
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NSE’s capitalisation hits N14tr mark amid sustained bulls run
The Nigerian Stock Exchange (NSE) market capitalisation closed trading for the month of September at N14 trillion, yesterday, amid sustained...
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NG Clearing gets SEC’s nod for CCP clearing house
The Securities and Exchange Commission (SEC) has granted NG Clearing Limited approval-in-principle to launch clearing and settlement of Exchange traded...
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40 per cent of bank deposits in dollars
HIGH networth Nigerians now prefer to save their cash in dollars, a report has shown. The Coronation Research in a...
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‘Digital assets classification will protect investors’
Securities and Exchange Commission (SEC) has said recent guidelines on Digital Assets, Classification and Treatment is aimed at boosting investors’...
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Sustained bargain-hunting push index further by 0.39%
Sustained appetite in the shares of most highly capitalised stocks lifted transactions on the equity sector of the Nigerian Stock...
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Why we shelved strike – Labour
Organised Labour represented by the Nigeria Labour Congress and Trade Union Congress has given reasons for shelving its planned nationwide...
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NLNG Targets 350,000 Metric Tons LPG by December
The Nigeria Liquefied Natural Gas (NLNG) Limited has said it is set to achieve the production of 350,000 metric tons...
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We’ve not been informed of tariff hike suspension – Discos
Power distribution companies said on Monday that they had not received any directive from the Nigerian Electricity Regulatory Commission on...
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Nigeria far from financial inclusion target – CBN Report
A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is...
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Shareholders approve PZ’s sale of land to WAMCO
Shareholders of PZ Cussons Nigeria Plc have unanimously approved the resolutions authorizing their directors to, on behalf of the company,...
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PFAs invest N7.43tr in Fed Govt securites in Q2
OF the pension fund assets worth N11.09 trillion recorded by Pension Fund Administration (PFAs) in the Second Quarter of the...
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Strike Averted as FG, Labour Reach Compromise on Palliative
The nationwide strike by organised labour scheduled to commence today will not happen as the unions and the federal government...
Read moreCBN moves to forestall food shortages amid COVID-19
The Central Bank of Nigeria (CBN), has embarked on a large scale food production in some states, to ensure food...
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Unity Bank targets N4.96bn gross earnings in Q4
Unity Bank Plc has said it is targeting to realise N4.98bn gross earnings for the fourth quarter of 2020. The...
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90% of port transactions will be done online by March 2021, says Bello
The Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, in this interview with SULAIMON SALAU and ADAKU ONYENUCHEYA, highlights the...
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Stock market extends weekly gains by N390bn
The Nigerian equity market extended its weekly gains by N390bn last week. The Nigerian Stock Exchange All-Share Index and market...
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