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NNPC Seeks $1bn in Oil Prepaid Deal to Revamp Refinery
The Nigerian National Petroleum Corporation (NNPC) has begun talks with trading firms to raise about $1 billion in a prepayment...
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In Backlash, Congress Leads Charge for Trump’s Removal
•Biden delivers stinging rebuke of would-be predecessor •President’s appointees resign in protest over insurrection President Donald Trump yesterday faced a...
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Private, public institutions providing NINs in villages – FG
The Federal Government on Wednesday said it had given licences to selected private and public institutions to provide National Identification...
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We adjusted, didn’t increase electricity tariff, says NERC
• ‘It will not affect low-income areas’ • Reps panel chief says adjustment lawful The Nigerian Electricity Regulatory Commission...
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FCMB appoints acting managing director
First City Monument Bank Limited has appointed Mrs Yemisi Edun as acting managing director of the bank after the Managing...
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‘Digital assets will become more popular’
Digital assets and cryptocurrency will consolidate their record-breaking performance in 2021. Chief Executive Officer, Eagle Global Markets (EGM), Gbite...
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Federal Govt needs over N2.44tn to vaccinate 165 million Nigerians
The Federal Government will need about N2.44tn for the vaccination of 164.8 million Nigerians, who will not have access to...
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Trump Supporters Assault US Congress, Breach Democracy
•Certification of Biden’s win resumes after disruption •Pence to mob: you didn’t win Vice President Mike Pence returned to the...
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CSCS optimistic on 2021 outlook
Central Securities Clearing System (CSCS) Plc has expressed optimism that the capital market will build on its resilience that shone...
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TUC threatens showdown as NERC denies 50% hike, blames inflation
• It’s betrayal, FG bringing out policies meant to cripple economy, says congress • Increase between N2 and N4 reflecting...
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Nigeria’s economy to grow by 1.1% this year, says World Bank
The economy could recover from last year’s COVID-19 losses in the next 12 months if vaccination spread across the globe...
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Brent crosses $53 as OPEC meeting resumes
The price of Brent oil gained more than four per cent yesterday as the Organisation of Petroleum Exporting Countries (OPEC)...
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Paternity scandal: FCMB MD goes on leave as probe begins
The Managing Director, First City Monument Bank Limited, Adam Nuru, has been forced to go on leave to enable the...
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Abbey Mortgage Bank floats N3b rights issue
Abbey Mortgage Bank Plc has opened acceptance list to raise about N3.03 billion new equity funds from its shareholders. ...
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Peace Mass Transit Acquires 55.82% Shares of C&I Leasing
C&I Leasing Plc yesterday announced the purchase of 313,326,316 units of the Neoma Africa Fund L.L.C by Peace Mass Transit...
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Nigerians vote security as priority in year 2021
• Buhari should tackle insecurity, the reason he was voted, says Peterside • We need security for growth, environmentalist, Nnimmo...
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Oil tumbles after hitting $53, OPEC+ delays decision
The international oil benchmark, Brent crude, tumbled on Monday after hitting a record high of $53 ahead of the meeting...
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Expectation from Power Sector in 2021
Through interactions with experts in the power market, Chineme Okafor sums up expectations from the sector in 2021. Nigeria’s...
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Buhari, governors, UNILAG, others mourn ex-VC Ibidapo-Obe
President Muhammadu Buhari, Lagos and Oyo State Governors Babajide Sanwo-Olu and Seyi Makinde, as well as some academics have mourned...
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Atiku sold his shares, collected $5.4m balance from us – Intels
Intels Nigeria Limited has explained why it severed ties with former Vice President Atiku Abubakar, who was one of its...
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Johnson imposes third national lockdown in England
British Prime Minister Boris Johnson has imposed a third national lockdown on England. In a televised address to the...
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All-Share Index Rises 2.2% as Market Begins 2021 on Positive Note
The equities market began 2021 on positive note yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 2.18...
Read moreOPEC Forecasts 5.9mb Rise in 2021 Daily Crude Oil Demand
The Organisation of Petroleum Exporting Countries (OPEC) has projected a daily crude oil demand increase by 5.9 million barrels per...
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Why NAICOM suspends insurance recapitalisation exercise
The National Insurance Commission (NAICOM) has suspended the insurance industry recapitalisation exercise for the second time in three years following...
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Analysts List Path to Economic Recovery, Growth in 2021
Financial and economic experts have advised the federal government to look inward in its resource mobilisation activities in the new...
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