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NIPOST, FIRS war escalates over stamp duty collection
The ongoing imbroglio between Nigeria Postal Service (NIPOST) and the Federal Inland Revenue Services (FIRS) over the jurisdiction of the...
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China becoming apprehensive about Nigerian loans, says FG
China is becoming apprehensive about releasing loans to Nigeria following probes by the National Assembly on loans earlier released to...
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FG, Lagos unveil smart meters initiative to improve electricity access
In efforts to address the metering gap in Lagos and Nigeria, the Lagos State Government through its Ministry of Energy...
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AIICO Insurance Grows Premium by 26%
AIICO Insurance Plc, said it grew its gross written premium for the second quarter of 2020 by 26 per cent,...
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Stock market advances with N40bn gain
The bulls maintained its grip on the market activities following gains recorded majorly by blue chip stocks as investors positioned...
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$500m loan: No plan to take over Nigeria’s sovereign right — China
The Chinese government says there’s no clause in the $500 million loan it gave to Nigeria that include taking over...
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Trump gives TikTok six weeks to sell US arm
US President Donald Trump gave popular Chinese-owned video app TikTok six weeks to sell its US operations to an American...
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We’re still worried over school reopening – FG
As graduating pupils and students in primary and secondary schools resume for academic activities today, the Secretary to the Government...
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Govs to Meet President over Worsening Insecurity
The 36 state governors of the federation, under the aegis of the Nigeria Governors’ Forum (NGF), yesterday expressed concern over...
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‘Why Shoprite is quitting Nigeria’s retail market’
While the announcement of the imminent exit of South Africa’s retail giant, Shoprite, from Nigeria may have come to many...
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FBN Holdings injects N25b in FirstBank
FBN Holdings Plc has sold its life insurance company and invested the N25 billion (about $66 million) proceeds as equity...
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Nigeria’s oil projects threatened as IOCs suffer $27.8bn loss
Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country...
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BUA posts N101b half-year result
CEMENT producer BUA Cement, on Monday, announced an impressive 2020 half-year revenue of N101.3 billion and a Profit after Tax...
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Custodian Investment to Acquire 51% Equity Interest in UACN Property
Custodian Investment Plc has signed a binding agreement with UAC of Nigeria Plc to purchase a 51 per cent equity...
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Nigeria’s COVID-19 Cases Rises by 304 to 43,841
Nigeria has recorded 304 new cases of COVID-19, bringing to 43,841 the number of confirmed cases in the country. It...
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Parents protest N25,000 COVID-19 test fee in Ogun
Parents of private school pupils in Ogun State on Sunday protested a demand for N25,000 as COVID-19 testing fee. The...
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Marketers stockpile petrol, August price may hit N150/litre
Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement...
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BoI Increases Support for MSMEs to N53bn
In demonstration of its commitment to the development of micro, small and medium scale enterprises (MSMEs) in the country, the...
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Can Nigeria achieve N18 trillion revenue target?
Although the economy has literally gone south, no thanks to the disruptions imposed by the ranging coronavirus pandemic across the...
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Banks raise lending rates to 30%
Banks’ loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this...
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Lagos Reduces Isolation Centres as Covid-19 Cases Decrease
Lifts ban on worship places, restaurants, others Research shows students still at risk if schools reopen now The Lagos...
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COVID-19: Charter airlines defy flight ban, fly rich Nigerians abroad
charge passengers $4,000-$8,000 per seat to UK, others Only evacuation, essential service flights approved –FG Some charter airlines have begun...
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COVID-19: Anxiety in states as schools get ready to re-open
•Lagos, Ondo fumigate institutions ahead of Tuesday resumption •Cross River stockpiles café masks for distribution to students •No face mask,...
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Is Sub-Saharan Africa’s Capital Market in Distress?
Investment banking fees in sub-Saharan Africa reached an estimated US$64.5 million during the second quarter of 2020, half the value...
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Ogun secondary school teachers resume Monday
Ogun has directed all secondary school teachers in the state to resume on Monday, August 3 ahead of the West...
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