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Federal Govt records N1.46tn revenue deficit in Q1
Gross federally-collected revenue fell by 36 per cent or N1.46tn below the quarterly budget estimate in the first quarter of...
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Weak sentiments persist as NSE index dips further by 0.39%
Continued price losses suffered by most blue-chip stocks, sentiments remained weak on the equities sector of the Nigerian Stock Exchange...
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WhatsApp limits message forwarding
With billions of people unable to see their friends and family due to COVID-19, people are relying on WhatsApp more...
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Agusto & Co. affirms the “A+” rating and stable outlook assigned to Zenith General Insurance Company Limited
The rating expires on 30 June 2021. The rating assigned to Zenith General Insurance Company Limited (“ZGIC” or “the Insurer”) reflects its...
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NNPC raises August selling prices of crude oil
The Nigerian National Petroleum Corporation has increased the prices at which two of the country’s major crude oil grades would...
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Access Bank completes acquisition of Kenyan bank
Access Bank Plc on Monday announced the completion of the acquisition of Transnational Bank (Kenya) Plc. The bank, in a...
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Fidelity Bank Appoints Onyeali-Ikpe as CEO Designate
The Board of Directors of Fidelity Bank Plc yesterday announced the appointment of Mrs. Nneka Onyeali-Ikpe, the current Executive Director,...
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NDDC probe takes dramatic turn
• Pondei slumps, stalls hearing for minutes • He had been ill for two weeks, says NDDC • Probe NDDC,...
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FG releases N995.7bn for capital projects
The Federal Government on Monday confirmed the release of N995.665 billion for capital expenditure in the implementation of the 2020...
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Calabar, Kaduna, Yola airports open amid traveller apathy
At least another two airports were yesterday certified ready and opened to commercial flights services after three months of COVID-19...
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Forex uncertainty worries businesses as CBN retains 12.5% interest rate
The Central Bank of Nigeria on Monday retained the country’s benchmark interest rate or Monetary Policy Rate at 12.5 per...
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Pre-registered SIM cards era in Nigeria over — Pantami
The Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami has said that the era of pre-registered SIM cards...
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Unilever Nigeria Assures Stakeholders on Growth, Profitability
The board and management of Unilever Nigeria Plc have assured the shareholders of their commitment to good corporate governance that...
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E-Tranzact opens application for N7b rights issue
E-Tranzact International Plc has opened application list for its N7 billion rights issue, providing shareholders the opportunity to increase their...
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Julius Berger assures FG on Lagos-Sagamu road, 2nd Niger Bridge
Julius Berger Nigeria Plc at the weekend assured the Federal Government that the second Niger Bridge would be completed as...
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Third Mainland Bridge closure: FG, LASG begin alternative routes collaborative repairs
Barely four days to the partial closure of the Third Mainland Bridge for rehabilitation, the Federal Controller of Works in...
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Lagos marks 500 distressed buildings for demolition
The General Manager, Lagos State Building Control Agency, Mrs Biola Kosegbe, says Lagos State has identified 500 distressed buildings and...
Read moreFG records 65% deficit in oil revenue projections — Ahmed
The Federal Government on Sunday disclosed that the lingering COVID-19 pandemic on broad sectors of the economy resulted in about...
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FG, states, LGs’ borrowing from banks hits N954.27bn
Bank loans to the different levels of government and the national economy have continued to grow steadily as the banking...
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WTO: Okonjo-Iweala Promises Support for Low-income Countries
Nigeria’s candidate for the position of Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has assured least...
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How insurers’ N97.2b claims settlement boost market penetration
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine...
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NNPC suffers 47% drop in petrol sales revenue
The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April...
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Axxela lists N11.5b bond on NSE, FMDQ
AXXELA Limited has con-cluded the dual-listing of its Axxela Funding 1 PLC N11.5 billion Series 1 Bond on the Nigerian...
Read moreNSE’s Value of Trading Declines by 45%
The stock market witnessed a decline in value of investment by investors last week, committing only N7.436 billion as against...
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Border closure: Unsold inventory fell by N23.73b in 2019-MAN
The border closure may have been a blessing in disguise as local manufacturers reaped bountifully with many consumers patronising made-in-Nigeria...
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