Nigeria
Shipping firms, airlines breach CBN dollar rule
Shipping and airline companies have been depriving Nigeria of the much-needed dollar earnings by not remitting export proceeds, the Central...
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Senate probes commercial banks over illicit, excess charges
The Senate on Wednesday mandated its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illicit and...
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Bamalli appointed 19th Emir of Zazzau
Zazzau Emirate got its 19th Emir on Wednesday. He is Alhaji Ahmed Nuhu Bamalli, whose appointment was approved by Kaduna...
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Profit Taking Halts 12-day Price Rally at Stock Market
The rally at the stock market was halted yesterday after 12 days as investors moved in to lock in profit...
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Tough funding options for teachers’ new salary
• Ministry yet to get proper brief on new pay • We’re still digesting the policy, says Finance Ministry •...
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NAICOM Outlines Strategises to Achieve 40% Insurance Penetration Target
The National Insurance Commission (NAICOM) has said it is strategising towards achieving its 40 per cent insurance penetration target. The...
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CBN goes tough on breach of export laws
The Central Bank of Nigeria has said that it will be a breach of extant regulations for any shipping company...
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Buhari presents 2021 budget to National Assembly Thursday
The President, Major General Muhammadu Buhari (retd.), will on Thursday present the 2021 budget estimate at a Joint session of...
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LCCI predicts upward inflation figures
The Lagos Chamber of Commerce and Industry (LCCI) has predicted that inflation would sustain an upward trajectory for the rest...
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Royal announces N14.21b Gross Written Premium
Royal Exchange Company has generated a Gross Written Premium of N14.21 billion as at December 31, 2019. Its net premium...
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Stocks hit more than five-year high, gain N710bn
The Nigerian stock market sustained its positive outlook on Tuesday for the 12th trading session as the All-Share Index rose...
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October 12 resumption date: Lecturers can’t work on empty stomach, strike indefinite – ASUU
FG withholds our salaries while negotiations are ongoing, says union Every lecturer has been paid, all ASUU members now on...
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Analysts Fault 2021 Budget Estimates Benchmarks
As President Muhammadu Buhari prepares to lay before the National Assembly this week, the N13.09 trillion 2021 Appropriation Bill that...
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COVID-19: Nigerian Scientists Develop Faster, Cheaper Test Kits
Nigerian scientists have developed faster and cheaper test kits for COVID-19. Director-General, Nigerian Institute of Medical Research, Babatunde Salako said the...
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NERC Defends 14-day Suspension of Electricity Tariff
The Nigerian Electricity Regulatory Commission (NERC) has said its recent suspension for 14 days of the newly approved electricity tariff...
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Commercial vehicles will start cars’ conversion to run on gas – Osinbajo
Vice-President Yemi Osinbajo says the plan by the Federal Government to convert cars of Nigerians to run on Compressed Natural...
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Buhari approves new salary, retirement age for teachers
• As the world marks World Teachers Day • UNN non-teaching staff joins varsity workers strike President Muhammadu Buhari has...
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Nigeria’s gas exports recover, surpass pre-COVID-19 level
The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71...
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Nova Merchant Bank Appoints Ude Acting MD/CEO
Nova Merchant Bank yesterday announced the appointment of Mr. Nath Ude as its Acting Managing Director/Chief Executive Officer effective October...
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NNPC, stakeholders express concerns over E&P future
Nigerian National Petroleum Corporation (NNPC), and stakeholders in the upstream sector have expressed concerns over the impact of the Covid-19...
Read moreStocks Market Hits New High on Sustained Bargain Hunting
Trading in the domestic equities market continued on bullish note as bargain hunting lifted indicators to new record highs. The...
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More trouble for public varsities
• As SSANU begins warning strike today • FG fails to remit five-month union dues • IPPS issues may stall...
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Petrol price may drop this month, say marketers
The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil...
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FBN Holdings Shares Grossly Undervalued, Says Eke
The current share price of FBN Holdings does not reflect the financial performance and future prospects of the holding company,...
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Foreign equity firms, threat to Nigerian entrepreneurs, businesses
Foreign equity firms have been identified as a major threat to the wellbeing of Nigerian entrepreneurs and businesses. This was...
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