Economy
OPEC ministers meet on oil cuts
Top energy decision makers from across the Organisation of Petroleum Exporting Country (OPEC) are scheduled to meet today in furtherance...
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Airlines hike airfares by 100% as operating costs rise
The cost of air tickets along several routes have doubled due to the high demand for air travel in light...
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BDCs Now to Sell Dollars at N392$1
The Central Bank of Nigeria (CBN) has adjusted the exchange rate Bureau De Change (BDC) operators are to sell the...
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NAICOM to sanction firms over unsettled claims
The National Insurance Commission (NAICOM) said it is profiling insurance companies with huge unsettled claims for necessary regulatory actions. The...
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Concerns over COVID-19, Yellow Fever spike as yuletide beckons
• NCDC Urges Nigerians To Limit Travels, Get Yellow Fever Vaccination • Returning Travellers To Carry Out COVID-19 Polymerase Chain...
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Border closure: Manufacturers losing market share daily
Manufacturers Association of Nigeria says its members are losing market share daily to other African countries due to the closure...
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Naira Weakens to Lowest in Three Years
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for...
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FG may reverse pump price to N160 per litre, negotiations continue Dec 7
The pressure by organised Labour on the Federal Government to reverse the pump price of Premium Motor Spirit (PMS) back...
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NAICOM issues seven insurance firms new operational licences
The National Insurance Commission on Friday disclosed that it had issued operational licences to seven new insurance companies. The commission...
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FG Seeks New Eurobond, Emefiele Foresees 2% GDP Growth in 2021
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up...
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ASUU to review strike as FG raises allowances offer to N70b
The Federal Government on Friday increased its allowances offer to the Academic Staff Union of Universities to N70 billion. The...
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We Deliberately Shut Down Refineries – NNPC GMD
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the country’s refineries were shut...
Read moreNigeria seeks better deal on OPEC quota
THE Federal Government is seeking more crude oil production quota from the Organisation of Petroleum Exporting Countries (OPEC). Nigeria’s huge...
Read moreASUU divided over Fed Govt’s offer to end strike
ACADEMIC Staff Union of Universities (ASUU) branches are divided over whether to accept the Federal Government’s offer and call off...
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Is eSIM new telecoms revolution?
Removable subscriber identification module (SIM) cards are an integral part of modern mobile communications. Due to technological advancements, these small...
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Return to work, don’t put society to trouble, IGP tells officers
The Inspector-General of Police (IGP), Mohammed Adamu, yesterday, urged police officers of the Nigeria Police Force (NPF) not to shy...
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Oil falls to $47 as fate of OPEC+ deal uncertain
The international oil benchmark, Brent crude, pared some of its recent gains on Thursday as what seemed to be shaping...
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FG disburses N10b Survival Funds to 101,567 beneficiaries nationwide
The Federal Government said it has so far disbursed about N10billion from the Micro, Small and Medium Enterprise (MSMEs) Survival...
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InfraCredit to Raise Fresh Capital
The Infrastructure Credit Guarantee Company (InfraCredit) has revealed plan to raise additional capital to fund critical projects in Nigeria. The...
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Equities in tight trade with N17b gain
NIGERIAN equities traded on a tit-for-tat trend yesterday with equal number of advancers and decliners, but gains by large-cap stocks...
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Oil communities, stakeholders pick holes on PIB
Oil bearing communities and stakeholders in the oil and gas sector have raised concerns over loopholes in the Host Community...
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Naira continues further slide
The naira depreciated against the dollar across the official and parallel markets yesterday with many pundits predicting further decline of...
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AfDB to Set Up Agro-finance Fund
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has disclosed that the bank is partnering with relevant...
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Reps concur with Senate, approve N148bn refund to five states
The House of Representatives has approved the request of the President, Major General Muhammadu Buhari (retd.), to refund a total...
Read moreJV oil assets suffer as NNPC slashes funding
The nation’s oil and gas assets being developed through joint ventures between the Nigerian National Petroleum Corporation and private firms...
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