Economy
Buhari declares interstate lockdown as nationwide curfew begins Monday
The President, Major General Muhammadu Buhari (retd.), on Monday ordered a nationwide curfew from 8pm to 6am beginning from Monday...
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Uncertainty over lockdown as Nigerians await decision
There was uncertainty on Sunday night over whether the lockdown to check the spread of coronavirus will continue, it was...
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Nigeria records 91 new coronavirus cases, total now 1273
Nigeria’s coronavirus cases increased to 1273 on Sunday with a single-day discovery of 91 new cases confirmed by the Nigeria...
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Polaris Bank Marks First Year with N27.8bn Profit
Polaris Bank Limited has recorded a profit before tax (PBT) of N27.8 billion for the financial year ended December 31,...
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What N1.4trn CRR deduction by CBN means for banks
The Central Bank of Nigeria (CBN) has deducted a whopping N1.4 trillion from the banking sector’s Cash Reserve Requirement (CRR)...
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Dollar sells for N450 in parallel market
The dollar sold for N450 in the parallel market on Friday, showing a shallow and dry reflection of the foreign...
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Transactions on CBN’s I & E Window Hit $171bn
The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria (CBN) have...
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COVID-19: Oyo to return 1,800 bags of rice donated by FG
The Oyo State Government on Friday indicated that it might return the 1,800 bags of rice donated to the state...
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Falling Oil Price Drowns Nigeria’s Independent Producers
The unprecedented oil price slump is destroying Nigeria’s independent crude producers, who pump about a fifth of the nation’s supply...
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Insurers raise health workers’ compensation, estimate N11bn liabilities
The Nigerian insurers have raised the compensation they promised to pay each of the pharmacists and nurses who die while...
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FG explains why lockdown can’t be relaxed as cases hit 1,095
The Federal Government, through the Nigeria Centre for Disease Control, has explained why the lockdown measure should not be relaxed...
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N50bn CBN loans to SMEs, others end 2024
The Central Bank of Nigeria has set December 31, 2024 exit date for its intervention loans to the Small and...
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India’s refiner shuns Nigeria’s crude oil in Q1
India’s Reliance Industries, owner of the world’s biggest refining complex, saw its imports of Nigerian crude oil slump to zero...
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MTN Group to reduce stake in Nigeria
MTN Group Ltd will push on with the plan to reduce its majority stake in the wireless carrier’s business, it...
Read morePanic as 40 health workers test positive for coronavirus
• FG vows to fight maltreatment of Nigerians in China • Tests average of 600 samples daily • Hope rises...
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COVID-19 patients reject transfer to treatment centres
A NEGATIVE twist to the coronavirus pandemic was established on Thursday that some people who tested positive have refused to...
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ECOWAS Appoints Buhari to Lead COVID-19 Debt-forgiveness Campaign
West African leaders under the aegis of ECOWAS Authority of Heads of States and Governments, yesterday appointed President Muhammadu Buhari...
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UPDATED: Nigeria records 108 new COVID-19 cases, total now 981
The Nigeria Centre for Disease Control has announced 108 new confirmed cases of coronavirus in the country. This brings...
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Subscribers Sustain Strong Appetite at April FGN Bond Auction
Investors again demonstrated a strong appetite for the FGN bond at the April auction, which was conducted on Wednesday, despite...
Read moreGovs agree on two-week inter-state lockdown, Kano stops tests
The Minister of Health, Dr Osagie Ehanire, on Wednesday, explained why the molecular laboratory in Kano suspended testing for COVID-19....
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Nigeria posts $434.85m crude oil export sales
Nigeria recorded crude oil and gas export sale of $434.85million in January, an increase of 94.30 per cent pitched against...
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‘Government should introduce petrol consumption tax to mitigate recession’
Despite concerns about the utilisation of taxes in Nigeria, as well as the dwindling purchasing power of many Nigerians, a...
Read moreNigeria’s Bonny Light sells below $10 as demand slumps
Nigeria’s premium grade, Bonny Light may continue to sell below $10 per barrel due to big discount on prices as...
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Q1: GTBank Records N113bn Revenue, N50 Profit After Tax
Guaranty Trust Bank (GTBank) Plc wednesday made public its unaudited financial results for the first quarter (Q1) ended March 31,...
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In Plateau, It’s Season of Vigilance Against COVID-19
Seriki Adinoyi writes that the Plateau State government has taken laudable steps to douse palpable fear of the spread of...
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