Nigeria
FG, Lagos unveil smart meters initiative to improve electricity access
In efforts to address the metering gap in Lagos and Nigeria, the Lagos State Government through its Ministry of Energy...
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AIICO Insurance Grows Premium by 26%
AIICO Insurance Plc, said it grew its gross written premium for the second quarter of 2020 by 26 per cent,...
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Stock market advances with N40bn gain
The bulls maintained its grip on the market activities following gains recorded majorly by blue chip stocks as investors positioned...
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$500m loan: No plan to take over Nigeria’s sovereign right — China
The Chinese government says there’s no clause in the $500 million loan it gave to Nigeria that include taking over...
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We’re still worried over school reopening – FG
As graduating pupils and students in primary and secondary schools resume for academic activities today, the Secretary to the Government...
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Govs to Meet President over Worsening Insecurity
The 36 state governors of the federation, under the aegis of the Nigeria Governors’ Forum (NGF), yesterday expressed concern over...
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‘Why Shoprite is quitting Nigeria’s retail market’
While the announcement of the imminent exit of South Africa’s retail giant, Shoprite, from Nigeria may have come to many...
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FBN Holdings injects N25b in FirstBank
FBN Holdings Plc has sold its life insurance company and invested the N25 billion (about $66 million) proceeds as equity...
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Nigeria’s oil projects threatened as IOCs suffer $27.8bn loss
Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country...
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BUA posts N101b half-year result
CEMENT producer BUA Cement, on Monday, announced an impressive 2020 half-year revenue of N101.3 billion and a Profit after Tax...
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Custodian Investment to Acquire 51% Equity Interest in UACN Property
Custodian Investment Plc has signed a binding agreement with UAC of Nigeria Plc to purchase a 51 per cent equity...
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Corporate earnings lift stock market index by 1.09%
Despite the two public holidays declared by the Federal Government to mark the Eid-El-Kabir celebrations, the influx of corporate earnings...
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Nigeria’s COVID-19 Cases Rises by 304 to 43,841
Nigeria has recorded 304 new cases of COVID-19, bringing to 43,841 the number of confirmed cases in the country. It...
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Parents protest N25,000 COVID-19 test fee in Ogun
Parents of private school pupils in Ogun State on Sunday protested a demand for N25,000 as COVID-19 testing fee. The...
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Marketers stockpile petrol, August price may hit N150/litre
Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement...
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BoI Increases Support for MSMEs to N53bn
In demonstration of its commitment to the development of micro, small and medium scale enterprises (MSMEs) in the country, the...
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Can Nigeria achieve N18 trillion revenue target?
Although the economy has literally gone south, no thanks to the disruptions imposed by the ranging coronavirus pandemic across the...
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Banks raise lending rates to 30%
Banks’ loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this...
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Lagos Reduces Isolation Centres as Covid-19 Cases Decrease
Lifts ban on worship places, restaurants, others Research shows students still at risk if schools reopen now The Lagos...
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COVID-19: Charter airlines defy flight ban, fly rich Nigerians abroad
charge passengers $4,000-$8,000 per seat to UK, others Only evacuation, essential service flights approved –FG Some charter airlines have begun...
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COVID-19: Anxiety in states as schools get ready to re-open
•Lagos, Ondo fumigate institutions ahead of Tuesday resumption •Cross River stockpiles café masks for distribution to students •No face mask,...
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Egbin, nine other power plants suffer gas shortage
The nation’s biggest power plant, Egbin, and nine other plants have seen their output drop on the back of gas...
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One year on, multibillion naira goods stuck at Seme border
• Operators, Service Providers Put Daily Losses At Millions Of Dollars • Smuggling Still Rife – Experts • Closure Against ECOWAS...
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Is Sub-Saharan Africa’s Capital Market in Distress?
Investment banking fees in sub-Saharan Africa reached an estimated US$64.5 million during the second quarter of 2020, half the value...
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Ogun secondary school teachers resume Monday
Ogun has directed all secondary school teachers in the state to resume on Monday, August 3 ahead of the West...
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