Nigeria
BREAKING: COVID-19 cases jump to 3912 in Nigeria
Nigeria has recorded 386 new cases of COVID-19 across various states of the country. Announcing via its official Twitter handle this...
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253 Nigerians evacuated from UK arrive Lagos
No fewer than 253 Nigerians evacuated from the United Kingdom (UK) by the Federal Government arrived the Murtala Muhammed International...
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Petrol price reduction won’t be immediate, says marketers
The latest reduction in the ex-depot price of petrol to N108 per litre will not translate to an immediate drop...
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Fresh lockdown possible, FG warns again
The Federal Government yesterday again warned of a possible fresh lockdown of the country over the violation of the guidelines...
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COVID-19 home-base solution: NAFDAC meets researchers, herbalists over local treatment
The Presidential Task Force on COVID-19 on Thursday indicated that Nigeria was making headway in getting local cures for COVID-19....
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Lagos discharges 48 as Govt House workers test positive
LAGOS State government on Thursday discharged 48 coronavirus patients from its isolation centres after treatment, to raise the number of...
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South East, South South clamp down on almajirai relocating from North
• Ohanaeze, IPOB, others blow hot as states turn back busloads • Police deny complicity, blame recalcitrant drivers • Presidential...
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Investors gained N109.9bn as market value hits N12.7trn
The bulls maintained dominance at the close of trading on the Nigerian Stock Exchange (NSE), yesterday with investors gaining N109.9bn...
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African Banks Find Solace in 12% Bond Yields
Measures by some African countries to get money flowing into the real economy aren’t working yet, with banks parking cash...
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Nigeria attracted $10.2bn fresh investment in 2019 – Report
Nigeria’s cross-border greenfield capital investment in 2019 grew by 28 per cent to $10.2bn, according to the latest report by...
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Why FG uses foreign airlines to evacuate 4000 Nigerians
The Federal Government’s change of mind and ditch of local airlines in the evacuation of Nigerians overseas is causing rancour...
Read moreNNPC reduces petrol depot price to N108
The Nigerian National Petroleum Corporation on Wednesday night announced a reduction in the ex-depot price of petrol from N113.28 per...
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First Bank to Hold Virtual SME Clinic
FirstBank of Nigeria Limited said it will host a virtual SME Business Clinic to provide insightful information on how SMEs...
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No Dividend as UACN Property Development Company Posts Loss of N16bn Loss
UACN Property Development Company Plc yesterday reported a loss of N15.883 billion for the year ended December 31, 2019, compared...
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Foreign reserves gain $449.5m in one week
After 10 months of consistent decline, the country’s foreign reserves returned to a growth path, gaining $449.5m in one week,...
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Telcos to engage Senate on 5G as spending drops by 0.8 per cent
Telecommunications operators have expressed their readiness to work with both arms of the National Assembly on the fifth-generation (5G) technology...
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FCMB shareholders okay N2.77b dividend payment
Shareholders of FCMB Group Plc have applauded the financial institution for its resilience, dynamism and impressive performance recorded last year despite...
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Despite lockdown, stock market investors gain N897bn
Notwithstanding the lockdown the Nigerian economy witnessed in April over the ravaging CODIV-19 pandemic, the stock market, boosted by the...
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Experts seek initiatives, incentives to cushion looming recession
Experts in the financial sector have said that an economic recession looms in the third quarter of 2020 due to...
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Notore reports N2.7bn income
Notore Chemical Industries Plc, has posted N13.12 billion revenue and N2.7 billion operating income for the half year ended March...
Read moreCOVID-19: Lagos battles shortage of reagents, FCT runs out of test kits
Merchants now treat chemical as if it’s gold, says state government Kano lacks adequate manpower for surveillance, contact tracing –...
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NNPC: price crash delays oil bid rounds, upstream projects
Nigeria will not hold bidding rounds for major oilfields until crude prices recover, and some upstream projects will be completed...
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Investors to Get 7% Return on Afrinvest Dollar Fund
Afrinvest Asset Management Limited yesterday said investors in its new dollar mutual fund are to get as much as seven...
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PenCom dissolves First Guarantee Pensions’ mgt committee
The National Pension Commission (Commission) has dissolved the interim management committee of the First Guarantee Pensions Limited pending the resolution...
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Budget: FG slashes oil benchmark further to $20
• Seeks deferment of debt service obligations • Expects N2tn stimulus The Federal Government on Tuesday revealed plans to...
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