Economy
FG to Fix Roads for Christmas
The federal government has set aside N36.565,012,899.66 for the rehabilitation of 123 roads across the 36 states of the federation...
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Zero gas flare still a mirage as Nigeria loses N243.23 billion
Despite promising to bring an end to the practice of gas flaring, Nigeria’s flared natural gas hovers around 218.9 billion...
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Nigeria exports 90% cooking gas produced, says NNPC
Over 90 per cent of the Liquefied Petroleum Gas, also known as cooking gas, produced in the country is being...
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Currency-in-circulation Hits N2trn
Currency-in-circulation on month-on-month basis fell by 0.7 per cent to N2.00 trillion at the end of September 2019, in contrast...
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National Assembly may pass 2020 budget next week
President of the Senate, Ahmad Lawan, has said that both chambers of the National Assembly may pass the 2020 budget...
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Malami Tells IOCs to Pay $62.1bn PSC Arrears
The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami SAN, has asked international oil companies (IOCs) to...
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Reduce $57 budget oil benchmark, MPC tells FG
The Monetary Policy Committee of the Central Bank of Nigeria has called on the Federal Government to review downwards the...
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Manufacturers get N459.69bn of N1.169trn loans in 5 months — CBN
Following the loans to deposition ration policy recently announced by the Central Bank of Nigeria (CBN), aggregate deposit money banks’...
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Economy attracted $19.67bn investments in nine months — NBS
Between January and September this year, the Nigerian economy attracted a total of $19.67bn worth of investments, figures released by...
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SEC Restates Commitment to Developing Commodities Ecosystem
The Securities and Exchange Commission, SEC has restated its commitment in ensuring that the commodities ecosystem in the country becomes...
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PPPRA: Nigeria Has Six-day Stock of Kerosene
The latest ‘Petroleum Products Days Sufficiency’ report from the Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed that the volume...
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Shell, Chevron, Dangote Emerge Top Best 100 Companies to Work in Nigeria
The Jobberman 2019 Report on the ‘Best 100 Companies to Work for in Nigeria,’ has been released in Lagos, where...
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Buhari Has Kept His Promise to Niger Delta People, Says Dokubo
The Coordinator of the Presidential Amnesty Programme, Prof. Charles Dokubo, said yesterday that President Muhammadu Buhari has kept to promises...
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FG Commends Contribution of Chinese Govt to Nigeria’s Devt
The Minister of Information and Culture, Alhaji Lai Mohammed has described as priceless, the initiative of the Chinese government granting access...
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Enyimba Economic City: $430m, 700,000 Jobs Coming to Abia
The game is changing in Abia State, thanks to a man of vision, Dr. Okezie Ikpeazu and the support of...
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Sanwo-Olu Urges China Devt Bank to Raise Investment in Nigeria to $1bn
Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged the China Development Bank to increase its investment in Nigeria to $1...
Read moreSenate Pledges to Support AMCON’s Debt Recovery Drive
The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, yesterday said the National Assembly will...
Read more$600m imports of cassava products not sustainable –Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, on Thursday said the apex bank decided to restrict foreign exchange...
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Verve Card Now Accepted in UAE
Verve Global cardholders can now use their cards to transact in more than 185 countries and territories, including Dubai, the...
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Outrage as Senate approves 50% VAT hike
Business owners and financial experts have condemned yesterday’s passage of the Finance Bill which seeks to amend seven Acts of...
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North-east listed among most dangerous places for travel, tourism
Protracted Boko Haram crisis in the North-eastern part of Nigeria has earned the region a place among the most dangerous...
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29 persons with HIV died during Abalaka’s treatment –Govt
The Federal Government will not be able to partner popular surgeon, Dr Jeremiah Abalaka, as regards finding a cure to...
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FEC approves N200bn loan for Bank of Industry
The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the...
Read moreFG, states record N352b shortfall in revenue target as fiscal crisis persists
The Federal Government and the state of the federation missed their respective revenue targets gain for the month of October,...
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Brazil Proposes $1bn Support for Nigeria’s Agribusiness
Brazil said it has set aside $100 million for the promotion of agribusiness finance in Nigeria and is ready to...
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