Nigeria
Petrol price: DPR shuts down errant filling stations
The Department of Petroleum Resources is enforcing the new price range of N121.5 to N123.5/litre for petrol at filling stations...
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Unity Bank Posts N44.5bn Gross Earnings for 2019
Unity Bank Plc has announced gross earnings of N44.59 billion for its 2019 financial year, up from the N34.65 billion...
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Profit-taking reverses positive streak as index loses 0.47%
Transactions at the Nigerian Stock Exchange (NSE), reversed the gaining streak to close on a downturn, yesterday, following profit-taking by...
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FG to auction N150bn bonds
The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on June 17....
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FMDQ lists Dangote Cement’s N100bn debt securities
FMDQ Securities Exchange Limited has announced the approval of the quotation of the Dangote Cement Plc N34bn Series 15 and...
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Airports’ reopening: Lawan, others protest North-East’s exclusion
National Assembly members from the North East geopolitical zone, including the President of the Senate, Ahmad Lawan, have protested the...
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MTN in historic N100b largest debut commercial paper
MTN Nigeria Communications Plc has raised N100 billion in its debut commercial paper (CP) issuance, making history as the largest...
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Equities market sustains bullish trend, investors gain N44bn
Today, the NSE All-Share Index (ASI) appreciated 34bps to close at 25,335.15 points following buying interest in BUA Cement (+4.1...
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Federal Government inaugurates first gold refining company
The Federal Government, Tuesday, inaugurated Nigeria’s first Gold and precious Metals Refining Conglomerate, an operation of Dukia Gold a Precious...
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AXA Mansard’s gross written premium is N43.6b
AXA Mansard Insurance Plc recorded a Gross Written Premium (GWP) of N43.62 billion in 2019 up by 29 per cent...
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AFDB injects $10billion to cushion COVID-19 impact on agriculture
The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and...
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FG suffers N1.01tn revenue shortfall
The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn...
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Illegal gold mining rips Nigeria off forex revenue
• Nation’s gold dominates Dubai market -NMGS • How illegal mining paralyses agricultural activities • Chinese engaging in illicit price...
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Most Nigerians susceptible to coronavirus, says PTF
• Insists schools to remain closed until further notice • Reps panel threatens to arrest AGF for alleged concealment of...
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Electricity consumers to pay more for prepaid meters
Power consumers are going to start paying more for prepaid meters as the Nigerian Electricity Regulatory Commission has hiked the...
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Producers hopeful of $50 oil price, business sustainability from cuts
Although OPEC+ agreed at the weekend to extend 9.7million barrels cuts in daily crude oil production through the end of...
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Govt worried about breach of rules by churches, mosques
Nigerians still at risk of Coronavirus infection 60% of 979 deaths in eight Kano councils COVID-related WEEKEND’s reopening of...
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BUA Cement Grows Profit by 26% to N20bn in First Quarter
BUA Cement Plc has recorded a 25.1 per cent increase in revenue to N54 billion, from the N43.1 billion recorded...
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Investors’ appetite for bellwethers lift NSE’s index by N122b
Investors’ appetite in bellwether stocks lifted transactions on the equities sector of the Nigerian Stock Exchange (NSE), causing market capitalisation...
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With 38 New COVID-19 Cases, Lagos Records First Slump in 3 Months
•260 fresh incidences, raise total to 12,486 with 3,959 discharged, 354 dead •Nigeria imports COVID-19 drugs from Bangladesh The...
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NERC Gives Discos 2021 Deadline to Meter Consumers
The Nigerian Electricity Regulatory Commission (NERC) has given electricity distribution companies (Discos) December 2021 deadline to close the metering gap...
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Agusto affirms Coronation MB’s Rating
Coronation Merchant Bank remains one of the top rated merchant Banks in Nigeria as shown by the recently released Rating...
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Marketers can’t fix petrol price, says FG
The Federal Government has said oil marketers are not free to fix the price of Premium Motor Spirit, popularly called...
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May & Baker pays N431.31m to shareholders as net profit doubles
Shareholders of May & Baker Nigeria Plc at the weekend received a total of N431.31 million as cash dividends for...
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Contributory pension assets rose by N359bn in four months
Despite the challenges in the economy occasioned by the coronavirus pandemic, the total pension assets under the Contributory Pension Scheme...
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