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CFAO introduces Trade-in scheme
In a bid to ease new car ownership for Nigerians, CFAO Motors, the sole distributor of Suzuki cars in Nigeria,...
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IFRS 17 to boost insurance sector’s global competitiveness
The insurance sector in Nigeria has the opportunity to compete with the peers around the globe once the much anticipated...
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Nigeria, other African countries’ debts raise new fears
The pace of debt accumulation by the continent’s economies, with particular reference to the sub-Saharan Africa (SSA), where Nigeria assumes...
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Nigerians in China seek evacuation over coronavirus
Some Nigerians still in China, including students, are not happy they are ‘trapped’ in the Asian country. A Nigerian student...
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CBN Offers Longer-term Naira Contracts to Lure Investors
The Central Bank of Nigeria (CBN) has introduced longer-term contracts on the naira in a move to attract more foreign...
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West African traders seek end to international border closure
West African cross border traders under the aegis of the West Africa Association for Cross Border Trade in Agro-Forestry Pastoral...
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Nigerian phone vendors stuck in China over coronavirus
Vendors of phones and other technology products from Nigeria who travelled to China for the Chinese festival shopping season in...
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NIPCO gets new MD
NIPCO Plc has approved the appointment of Suresh Kumar as the new managing director of the company. According to...
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Access Bank to List N15bn Green Bond on Luxembourg Stock Exchange
Capital market stakeholders have said the planned listing of Access Bank’s N15 billion Green Bond on the Luxembourg Stock Exchange...
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FG to move petrol, cooking gas by rail
The Federal Government is working to ensure the movement of petrol and cooking gas by rail, the Petroleum Equalisation Fund...
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CBN grants WAMCO, others waiver on milk import ban
The Central Bank of Nigeria (CBN) has excluded six dairy companies operating in the country from the ban on importation...
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Pension fund rises to N10.22 tr
PENSION fund assets at December last year have hit N10.22 trillion. It was N9.99 trillion in November of the same...
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NNPC, U.S. seal $1.1 million pact for 1,350MW Abuja power plant
A $1.1 million pact, expected to generate 1,350 megawatts (MW) Independent Power Plant was yesterday, in Abuja, signed between the...
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Google creates $1m fund for online safety
Google has announced the launch of a $1m pan-African fund to support innovative ideas around privacy, trust and the safety...
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Dangote Remains Africa’s Wealthiest for Ninth Successive Year
For the ninth year in a row, the President of Dangote Group, Alhaji Aliko Dangote, has been declared as the...
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Stock Exchange goes public with 2.5b shares
The Nigerian Stock Exchange (NSE) will change from a member-owned mutual company limited by guarantee to a public limited liability...
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NSE, Meristem List Benefits of Exchange Traded Funds
Officials of the Nigerian Stock Exchange (NSE) and Meristem Wealth Management Limited, have identified Exchange Traded Funds (ETFs) as a...
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SON shuts down 13 steel companies over standards infractions
The Standards Organisation of Nigeria (SON) has sealed 13 steel factories across the country for standards infractions. The Chairman, SON...
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Nigeria will get first tranche of $3bn loan soon – World Bank
The World Bank has confirmed that discussions on its first tranche of the $3bn loan request to Nigeria have reached...
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Amotekun personnel: South-West govs to write IG for gun licence
There were indications on Sunday that the South-West state executive councils would on Wednesday discuss the bills on Amotekun corps....
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Northern Govs Reject Regional Security Outfit, Shege Ka Fasa
The plan by the Coalition of Northern Group (CNG) to establish a local security outfit known as “Shege Ka Fasa”...
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Alleged Financial Infractions: Banks to Refund N112.82bn to Imo
Nine commercial banks are to refund a total sum of N112.82 billion to the coffers of the Imo State government...
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External debt servicing gulps $1.08bn in nine months — DMO
The Federal Government spent a total of $1.08bn (N400.90bn) on external debt servicing between January and September 2019. Data...
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Oil prices jump after reports on coronavirus drug
Oil prices jumped by four per cent on Wednesday on media reports that scientists had developed a drug against the...
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FG approaches China for $17bn loans
The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It...
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