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FG refineries post N406.62bn loss in two years
The four refineries owned by the Federal Government made a total loss of N406.62bn in two years, the latest audited...
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Buruji Kashamu dies of COVID-19 complications
The Coronavirus pandemic yesterday claimed the life of another prominent Nigerian, Senator Buruji Kashamu. Kashamu, 62, died at First Cardiologist...
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COVID-19, VAT increase, naira devaluation spur rise in prices of consumables
The negative impact of Coronavirus pandemic has not only been felt across sectors in Nigeria, the consequence of the lockdown...
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FG evacuates 325 more Nigerians from U.S. in 6th special flight
The sixth evacuation flight from the U.S. has departed for Abuja and Lagos with 325 passengers on board. In the...
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Buhari Signs Companies and Allied Matters Bill
President Muhammadu Buhari yesterday in Abuja signed the Companies and Allied Matters Bill, 2020 passed by the National Assembly into...
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COVID-19: World Bank approves $114.28m for Nigeria
The World Bank board of directors has approved $114.28m financing to help Nigeria prevent, detect and respond to the threat...
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PenCom to review Pension Reform Act 2014
The National Pension Commission has initiated a process to review the Pension Reform Act 2014. It said this in a...
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Fuel price: Nigerians fear further hike, scarcity
• Ex-Depot Price Of N138.62 Not Friendly, Marketers Tell NNPC • Investment, Pump Price To Remain Uncertain Without Proper Regulation,...
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Lagos tanker drivers to begin indefinite strike Monday
The national leadership of the Nigeria Union of Petroleum and Natural Gas Workers has directed petroleum tanker drivers to withdraw...
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Govt agencies need to stop extorting businesses — Osinbajo
Vice President Yemi Osinbajo says it is important for government agencies to reduce the harassment and extortion of businesses in...
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LASG directs JSS 3 pupils to resume on Monday
The Lagos State government has directed Junior Secondary School 3 pupils registered for the Basic Education Certificate Examination (BECE) organised...
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International flights to resume in weeks –FG
The Federal Government on Thursday said the airports would be reopened to international flights in weeks and not in months....
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Revenue crisis may push budget deficit above N6tr
• Govt defies IMF on new taxes • ‘Projects must generate returns to pay back debts’ • Operators ask for...
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NUPENG, PENGASSAN fume over petrol price hike
As more marketers raised the pump price of Premium Motor Spirit (petrol) on Thursday, the Nigeria Union of Petroleum and...
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Federal Govt extends curfew for four weeks
The federal government has announced the extension of the second phase of the eased lockdown for four weeks. Part of...
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Banks owe telcos N17bn for USSD access –NCC
The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, says commercial banks in the country owe telecommunication...
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Coy clears PHCN liabilities, saves FG N92bn
The Nigerian Electricity Liability Management Company (NELMCO) said it saved the federal government N92 billion while clearing PHCN liabilities that...
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Investors’ wealth appreciates by N86b in four days
Trading on the Nigerian Stock Exchange (NSE) sustained a rising profile yesterday as more blue chip stocks appreciated in price,...
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Seplat Shareholders Upbeat as Brown Resumes as CEO
Shareholders of Seplat Petroleum Development Company Plc have expressed optimism that the new chief executive officer(CEO) of the company, Mr....
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NCC stops telecoms from charging for money transfer via USSD
The Nigerian Communications Commission has stopped Mobile Network Operators from charging the consumers directly for the use of Unstructured Supplementary...
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Nigerians spent N2.37tn on petrol in 13 months – NNPC
In 13 months, Nigerians spent N2.37tn on petrol imported into the country by the Nigerian National Petroleum Corporation, data released...
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Lagos slashes land use charge, waives N5.7bn fees
The Lagos State Government has said it will reduce its land use charges and other penal fees by reversing the...
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Oil industry players axe capital budgets
The devastating effects of the coronavirus have taken a terrific toll on many local and international firms with their financials...
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22 banks, others record N89bn drop in profit
At least 22 listed companies on the Nigeria Stock Exchange (NSE) recorded a drop in their Profit After Tax (PAT)...
Read morePetrol: Ex-depot price rises by N6, consumers to pay more
The Petroleum Products Pricing Regulatory Agency on Tuesday increased the ex-depot price of petrol by N6 to N138.62/litre for the...
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