Economy
60 Lagos-Ibadan rail project workers infected with COVID-19
FG puts completion work, opening on hold The Federal Government has put on hold opening of the Lagos-Ibadan railway, after...
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NIN registration resumes, NIMC workers insist on ultimatum
Workers of the National Identity Management Commission on Monday resumed the National Identity Number registration exercise in the commission’s offices...
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Air fares to drop following VAT removal
Airlines are planning to reduce fares in response to the removal of 7.5 per cent Value Added Tax (VAT). The...
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‘Insecurity of Oil Assets May Hinder Nigeria’s Market Share’
With the easing of production cut by the Organisation of Petroleum Exporting Countries and allies (OPEC+), experts have warned that...
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CAC generates N19bn, remits N2.7bn to FG’s account
The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also...
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Resumption of schools threatened over virus spread
RESUMPTION of schools on Monday is threatened by the rising COVID-19 infections last December, the Presidential Task Force on COVID-19...
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McKinsey Foresees Bright Prospect for Nigeria, Others’ Insurance Sector
McKinsey & Company, a global management consultancy services company, has described the insurance sector in Nigeria and some other countries...
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Credit supply to households to rise in Q1 2021
SUPPLY of secured and unsecured credits to households will increase in first quarter of the year, the Central Bank of...
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Oil nears $56, FG may reintroduce fuel subsidy
Since November 13, 2020 when the pump prices of Premium Motor Spirit (petrol) were last increased in the country, the...
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Analysts: More Banks to Adopt HoldCo Structure to Diversify Earnings
Analysts have predicted that more commercial banks will soon convert to a holding company (HoldCo) structure as they seek to...
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Billionaires list: Dangote loses $900m in 24 hours
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his...
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‘Why FG must not be allowed to borrow unclaimed dividends’
The Socio-Economic Rights and Accountability Project (SERAP) has advised the Federal Government to drop plan to borrow about N895billion from...
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350 businessmen, firms owe AMCON N3.6tr
The Management of Asset Management Corporation of Nigeria (AMCON) has said 350 debtors owe it N3.6 trillion, an amount higher...
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15 million BVN already linked with NIN, says NIMC boss
• FG Intervenes As NIMC Workers Call Off Strike • Enrollment Resumes Monday • Afenifere Faults NIN Registration Amid COVID-19...
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Nigeria to receive 100,000 doses of COVID-19 vaccine in two weeks
• To Vaccinate Only 50,000 Frontline Health Workers • FG Plans To Reach 40% Of Population By End Of 2021,...
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Oil revenue gets boost as price hits $55
The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a...
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We’ll end insurgency, banditry this year, Buhari assures
President Muhammadu Buhari, yesterday, gave a timeline to conclude the war against Boko Haram and bandits. While assuring that the...
Read moreNIMC workers accuse FG of covering up COVID-19 in agency
The National Identity Management Commission officials across the country on Thursday began a strike action over the fear of COVID-19...
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FG: Buhari, Osinbajo, SGF to be First Recipients of COVID-19 Vaccines
•Vaccination to be televised to gain public support •Urges govs to enforce health regulations The federal government yesterday listed President...
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How airlines, travel agencies, others share N5b palliative
•Remit five per cent to regulatory bodies as debt payment •Ibom Air misses out of largesse Details have emerged...
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NNPC Seeks $1bn in Oil Prepaid Deal to Revamp Refinery
The Nigerian National Petroleum Corporation (NNPC) has begun talks with trading firms to raise about $1 billion in a prepayment...
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Fed Govt lists December savings bonds
THE Federal Government has listed the latest tranches of the Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian...
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874 microfinance banks have operational licences – CBN
The Central Bank of Nigeria has said 874 microfinance banks have licences to operate in the country. It listed...
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In Backlash, Congress Leads Charge for Trump’s Removal
•Biden delivers stinging rebuke of would-be predecessor •President’s appointees resign in protest over insurrection President Donald Trump yesterday faced a...
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Seplat, FTN Cocoa, others lead NSE N66b gain
Following gains recorded by most blue chip stocks, especially Seplat and FTN Cocoa, transactions on the Nigerian Stock Exchange (NSE)...
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