Economy
No new moon of Shawwal, Ramadan continues today – Sultan
The Sultan of Sokoto and President, Nigerian Supreme Council for Islamic Affairs (NSCIA), Alhaji Muhammadu Sa’ad Abubakar III, yesterday said...
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Malabu: UK court throws out Nigeria’s $1bn bribery case
An English court threw out a $1.1bn case Nigeria brought against Royal Dutch Shell and Eni relating to a dispute...
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FG asks churches, mosques, others to submit guidelines for reopening
The Minister of Health, Dr Osagie Ehanire, on Thursday, said COVID-19 patients, who spent a long period at isolation centres...
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Oil marketers demand pricing formula, legislation to sustain monthly adjustments
Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing...
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INEC: How We’ll Conduct Elections During Pandemic
Independent National Electoral Commission (INEC) Thursday said it had approved its policy on how to conduct elections during a pandemic,...
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CBN cautions investors against sourcing forex from ‘black market’
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has warned local and foreign investors from sourcing their...
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Inflation hit two-year high at 12.34% in April –NBS
The consumer price index, which measures the rate of inflation in Nigeria, increased by 12.34 per cent (year-on-year) in April...
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Nigeria heading for recession – Minister
As the disruptions of the global economic system by the COVID-19 continues to create anxieties in governments globally, the Federal...
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Lagos cuts 2020 Budget by 21% to N920.5 billion
The Lagos State government has revised downwards by 21 per cent its year 2020 Budget, the Commissioner for Economic Planning...
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Investors’ fortune soars further by N426 billion in four trading days
The dominance of the bulls have continued unabated, as the equities market sustained positive sentiments for four consecutive trading days,...
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At 20.89bn Litres, Nigeria’s Petrol Imports Hit Six-year High
•South-west takes delivery of 6.24bn litres •North-east got 1.4bn litres Nigeria imported a total of 20.89 billion litres of...
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Extend ‘due courtesies’ to doctors, IGP orders officers
The Inspector-General of Police, Mohammed Adamu, has directed all officers of the Force to “extend due courtesies to essential service...
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FEC approves N4.08b for projects
The Federal Executive Council (FEC) on Wednesday approved another N4,080,261,992 for projects in Works and Housing, Aviation, Transportation, and Petroleum...
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Lagos begs doctors as NMA orders indefinite sit-at-home
The Nigerian Medical Association in Lagos State has asked its members to embark on an indefinite ‘sit-at-home’ over alleged harassment...
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Why governments may lose COVID-19 battle, by UN
• Police provoke doctors’ wrath over brute enforcement of curfew • Journalists, others on essential duties exempted, says IGP •...
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All-Share Index Rises Further as Market Sustains Bullish Trend
The Nigerian equities market sustained its bullish trading yesterday as the main index gained 1.03 per cent to close higher...
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Police Embark on Strict Enforcement of Curfew, Interstate Travel Ban
•Bow to pressure, amend no-exemption directive against journalists, health workers •FG holds self-medication responsible for most COVID-19 deaths •Trains 12,000...
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PPPRA clears marketers to import petrol
Private oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered...
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Naira depreciates at I&E window, forex turnover up 117%
T The naira has depreciated to N386.33 at the Investors and Exporters (I&E) window as investors and importers continue to...
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Senate demands immediate reversal of power privatisation
The Senate on Tuesday asked the Federal Government to consider a comprehensive review of the power privatisation policy with a...
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Too early to rejoice as oil price hits $35
Energy experts in Nigeria are uncertain of the sustainability of current increase in the prices of crude oil, as Brent...
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Bread prices may increase by 60%, bakers warn
Bakers in Lagos State have urged the Federal Government to intervene in the prices of baking materials, which may lead...
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Yuguda is new SEC DG
President Muhammadu Buhari has appointed Mr Lamido Yuguda as the new substantive Director-General of the Securities and Exchange Commission (SEC)....
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Nigeria’s $37bn foreign reserves adequate to support economy – Emefiele
The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has assured that Nigeria’s $37bn current foreign reserves...
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BUA Cement Records N61bn Profit, Recommends N1.75 Dividend Per Share
BUA Cement Plc yesterday announced a dividend of N1.75 per share for the year ended December 31, 2019. The dividend...
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