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FMDQ Admits Commercial Papers of United Capital, Sterling Bank
FMDQ Exchange Limited has admitted the United Capital Plc N1.35 billion Series 1 and N3.97 billion Series 2 commercial paper(CP)...
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Black market forex dealers sourcing dollars externally – ABCON
The president of the Association of Bureau de Change of Nigeria (ABCON), Aminu Gwadabe has disclosed that despite the closure...
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DBN donates N100m to fight COVID-19
Development Bank of Nigeria Plc, a development finance institution, has announced a donation of N100 million towards the fight against...
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Investors lose N1.8 trillion in two months of COVID-19 in Nigeria
Stock market investors have lost over N1.8trillion in two months after the first case of Coronavirus (COVID-19), was confirmed in...
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IMF may approve Nigeria’s $3.4bn loan today
There are indications that the Executive Board of the International Monetary Fund may approve the $3.4bn loan sought by Nigeria...
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Airlines, workers rally governments to save 25 million aviation jobs
The International Transport Workers’ Federation (ITF) and the International Air Transport Association (IATA) have urged governments to support the aviation...
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US oil falls below $11 per barrel
US oil nosedived below $11 a barrel on Tuesday after a major exchange-traded fund started selling its short-term contracts of...
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CBN Lifts Suspension on Cheque Clearing
The Central Bank of Nigeria (CBN) has lifted the temporary suspension it placed on the clearing of cheques in the...
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PPPRA parleys CBN on forex support for oil marketers
The Petroleum Products Pricing Regulatory Agency (PPPRA) is discussing with the Central Bank of Nigeria (CBN) on ways to make...
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Buhari declares interstate lockdown as nationwide curfew begins Monday
The President, Major General Muhammadu Buhari (retd.), on Monday ordered a nationwide curfew from 8pm to 6am beginning from Monday...
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Evacuate us now, Stranded Nigerians in UK tell FG
According to them, the government does not have the constitutional power of locking its citizens out of the country for...
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COVID-19: Oyo to return 1,800 bags of rice donated by FG
The Oyo State Government on Friday indicated that it might return the 1,800 bags of rice donated to the state...
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Falling Oil Price Drowns Nigeria’s Independent Producers
The unprecedented oil price slump is destroying Nigeria’s independent crude producers, who pump about a fifth of the nation’s supply...
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WHO appoints Nigeria’s Okonjo-Iweala as COVID-19 Special Envoy
The World Health Organisation (WHO) on Friday named former Minister of Finance, Dr. Ngozi Okonjo-Iweala, as a Special Envoy for...
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Insurers raise health workers’ compensation, estimate N11bn liabilities
The Nigerian insurers have raised the compensation they promised to pay each of the pharmacists and nurses who die while...
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COVID-19: Governors Want Lockdown Relaxed, Endorse Partial Restriction
•Cases hit 1095 •NCDC: Nigeria still in danger zone, some states yet to submit samples for testing •Frontline workers get...
Read moreStock market indices slump by N162b amid losses in bellwethers
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, occasioned by losses...
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Panic as 40 health workers test positive for coronavirus
• FG vows to fight maltreatment of Nigerians in China • Tests average of 600 samples daily • Hope rises...
Read moreUPDATED: Nigeria records 108 new COVID-19 cases, total now 981
The Nigeria Centre for Disease Control has announced 108 new confirmed cases of coronavirus in the country. This brings...
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COVID-19: Rosabon offers Q2 Treasury Note at 16.5%
Rosabon Financial Services has offered for subscription, its second quarter Treasury Note of up to 16.5 percent as part of...
Read moreGovs agree on two-week inter-state lockdown, Kano stops tests
The Minister of Health, Dr Osagie Ehanire, on Wednesday, explained why the molecular laboratory in Kano suspended testing for COVID-19....
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Nigeria posts $434.85m crude oil export sales
Nigeria recorded crude oil and gas export sale of $434.85million in January, an increase of 94.30 per cent pitched against...
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‘Government should introduce petrol consumption tax to mitigate recession’
Despite concerns about the utilisation of taxes in Nigeria, as well as the dwindling purchasing power of many Nigerians, a...
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Nigeria’s inflation rises to 12.26% in March – NBS
Inflation rate in Nigeria rose to 12.26 percent in March from the 12.20 percent recorded in February, 2020. The consumer...
Read moreFG Apologises for Protocol Lapses at Abba Kyari’s Burial
•Says end of COVID-19 still far •Develops draft for new action plan against scourge •Cases now 665 with 188 discharged,...
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