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Report: Declining Discos’ Collections May Worsen Liquidity Challenge
The liquidity challenge in the Nigerian electricity sector may become worse due to the decline in collections this year by...
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Adjusting for the Times: An Analysis of Nigeria’s Revised 2020 Fiscal Budget – Agusto & Co.
A season of gloomy forecasts The Covid-19 pandemic has dealt a huge blow to the global economy. What is fundamentally...
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Lagos extends market hours
The Lagos State Government has extended the hours of operations of both food markets and non-food markets. They are now...
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Economy already in recession, say experts
Ahead of the official release of the Gross Domestic Product (GDP) result for second quarter of 2020, some economists have...
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Debt servicing gulps N1.57tn in six months
The Federal Government spent a total of N1.57tn on debt servicing in the first six months of the year, the...
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CBN’s stress test clears banks
Banks are strong enough to withstand the COVID-19 pandemic impact, the Central Bank of Nigeria (CBN) stress test has revealed....
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Improved corporate earnings lift stock indices
For the first time since January, the Nigerian equities market closed higher for three consecutive weeks, as positive sentiments on...
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CHI Plc Raises N1.1bn as Rights Issue Records Success
Consolidated Hallmark Insurance (CHI) Plc has successfully raised N1.056 billion from existing shareholders through a rights issue of 2,032,500,000 ordinary...
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Insurers explore digital avenues to boost earnings, growth
Amid looming recession, insurers have began to explore digital avenues to aid the performance of their gross written premium from...
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Worship centres observe protocols in Ogun, Ekiti
Christians in Ogun and Ekiti states trooped into their churches on Sunday for the first time since last March following...
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Lagos imposes N20/trip levy on Uber, Bolt, others
The Lagos State Government has said ride-hailing operators will pay a levy of N20 known as road improvement fund, on...
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National Assembly to be Upgraded to e-Parliament, Says Clerk
The Acting Clerk to the National Assembly, Mr Olatunde Amos Ojo, has assured that the federal legislative body will soon...
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21.77m Nigerians now Jobless as Unemployment Rate Rises to 27.1%
The number of unemployed Nigerians rose to 21.77 million in the second quarter of this year (Q2 2020), compared to...
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Decline in new COVID-19 cases not end of pandemic, NCDC warns
The Nigeria Centre for Disease Control (NCDC) has warned that the recent decline in number of cases and deaths from...
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Adjusting for the Times: An Analysis of Nigeria’s Revised 2020 Fiscal Budget – Agusto & Co. MACRO REPORT
A season of gloomy forecasts The Covid-19 pandemic has dealt a huge blow to the global economy. What is fundamentally...
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Second recession in four years looms, says FG
The Federal Government has said the likelihood of Nigeria sliding into another recession in the Third Quarter of 2020, making...
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$70 oil price required to sustain budget –FG
The Minister of State for Petroleum Resources, Timipre Sylva, has said the country needs an oil price of $70 per...
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IPPIS: PENGASSAN, NUPENG threaten to shut down oil operations
Senior oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association and the Nigeria Union of...
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PenCom opens PFA transfer window
Contributors under the Contributory Pension Scheme (CPS) will be able to move their pension account from their current Pension Fund...
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Buhari, stakeholders seek local content, infrastructure expansion
President Muhammadu Buhari and other stakeholders in the oil and gas sector, yesterday, reiterated the need to expand local content...
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ECA: CBN fails to account for $11bn, Reps kick
The House of Representatives kicked on Thursday as the Central Bank of Nigeria failed to account for the $11bn withdrawn...
Read moreBulls sustain dominance as indices appreciated further by N50 billion
The bulls maintained dominance on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks join the...
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Ground handlers rally airlines to right pricing, dollar rate
Worried by the operational challenges in the COVID-19 era, ground handlers and stakeholders have rallied airlines to the right pricing...
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Banks’ total assets rise to N47.82tn
The total assets of the banking sector rose to N47.82tn as of the end of June. A member of the...
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NDIC continues Fortis MfB liquidation, paying depositors
The Nigeria Deposit Insurance Corporation has said it adhered to statutory guidelines on the distress resolution and liquidation of Fortis...
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