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How Malami, Magu clashed over sale of seized assets
Fresh facts have emerged on the alleged sale of forfeited assets by the office of the Attorney General of the...
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Panel Quizzes Top EFCC Officials as Magu’s Interrogation Enters Fourth Day
•Demands files of cases, forfeited assets’ register, cash releases since 2015 •My house not searched by anti-graft agency, says Abdusalami...
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Govs back use of N2trn infrastructure fund to revive economy
The Nigerian Governors’ Forum (NGF), yesterday, declared support for the use N2 trillion Nigeria Infrastructure Investment Fund to stimulate the...
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Afrinvest Bullish on MTN, Airtel Africa Shares
Analysts at Afrinvest (West Africa) Limited have made case for investing in the shares of MTN Nigeria Plc and Airtel...
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We can’t bear petrol subsidy any more – FG
The Minister of State for Petroleum Resources, Timipre Sylva, said this in a statement on Thursday. He said the government...
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Buhari signs N10.8tn revised budget today, says minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National Assembly on Thursday...
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Agusto & Co. assigns a “A-” rating to Total E&P Nigeria Multipurpose Staff Co-operative Society Limited.
The rating expires on 30 June 2021. Agusto & Co. hereby assigns an “A-” rating to Total E&P Nigeria Multipurpose Staff...
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Strict protocols, scanty passengers as airports reopen with 4 airlines
No fewer than four airlines started operations flying from the Murtala Mohammed Airport to Nnamdi Azikiwe International Airport, Abuja. Customers...
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Reps decry unending power sector crisis, failed privatisation
The House of Representatives has decried the perennial crisis in Nigeria’s power sector. They, at the beginning of a two-day...
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Face mask can cause failed ATM transactions – Banks
Banks have advised customers to remove their face masks when carrying out transactions through Automated Teller Machines to ensure that...
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Mixed reactions as CBN moves to unify exchange rate
With moves by the monetary authorities to unify the Naira foreign exchange (forex) rates gaining traction, economic analysts believe that...
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NSE Cautions Investors against 13 Companies for Failure to File Accounts
The Nigerian Stock Exchange (NSE) wednesday advised investors to trade with caution on the securities of 13 companies due to...
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Allegations of corruption: Police comb Magu’s house after suspension, returned to custody
Some policemen attached to the Force Criminal Investigation and Intelligence Department on Tuesday searched the home of the suspended acting...
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Vetiva Predicts Stability for Naira in Near Term
Analysts at Vetiva Research have predicted that despite the downside risks affecting the exchange rate, various policy measures introduced by...
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Reps summon NNPC, NLNG over alleged illegal $1.05bn withdrawals
The House of Representatives has resolved to investigate the alleged illegal withdrawal of funds from the Nigerian Liquefied Natural Gas...
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Five airlines restart flights amid strict protocol
• Uncertainty over bailout funds, onboard physical distancing • Travel experts project a 30% load factor • ‘New normal’ awaits...
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Prestige Assurance to Raise N6.8bn via Rights Issue
Prestige Assurance is set to raise N6, 817,898,003 through the issuance of 13,635,796,006 shares at N.50 kobo per share. ...
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Official exchange rate may hit N430/$ – Report
The nation’s official exchange rate may fall to N430 to the dollar by the end of 2020, United Capital Plc,...
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NSE All-Share Index Rises 0.3% as Stock Market Rebounds
The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.3 per cent to close at 24,097.48 yesterday, following the...
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Analysts Urge Entrepreneurs to Embrace Innovation
Experts that spoke at the ongoing webinar series organised by Rand Merchant Bank Nigeria have stressed the need for business...
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Agusto & Co. assigns an “A(f)” rating to Legacy Money Market Fund
The rating expires on 23 June 2021. The rating assigned to Legacy Money Market Fund (“Legacy MMF” or “the Fund”) reflects the...
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Nigeria’s inflation’ll average 12.2% in 2020, says PwC
PwC Nigeria has said the headline inflation in Nigeria will average 12.2 per cent in 2020, compared to 11.4 per...
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Nova Merchant Bank Floats N10bn Bond
Nova Merchant Bank Limited has announced that its ongoing N10 billion bond issuance is aimed at putting the business on...
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$11.5bn injected into forex market in Q1 – CBN
The Central Bank of Nigeria injected $11.5bn foreign exchange into the economy in the first three months of 2020. ...
Read moreEFCC chair Magu detained
SOME OF THE ALLEGATIONS •Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on...
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