Nigeria
Petrol subsidy: Oil marketers seek flat rate for dollar
Oil marketers on Tuesday advised the Federal Government not to give special advantage to any person or group of persons...
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Chinese firm injects $221m equity into Lekki Ports
China Harbour Engineering Company (CHEC) one of the shareholders of the Lekki Deep Sea Port Projects under construction at the...
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OPEC+ mulls three-month output cut as oil hits $33
Countries belonging to the OPEC+ group are discussing the idea to implement oil production cuts for at least three months...
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Naira to experience more pressure –Report
The naira will experience more pressure due to slump in the crude oil prices, as the economy grapples with challenges...
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United Capital Raises N5.3 Billion in Commercial Paper to Boost Operations
United Capital Plc, a leading pan-African financial and investment services group has successfully raised N5.3 billion in a Series 1...
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Fire razes parts of Nigeria’s Treasury House
Parts of Nigeria’s Treasury House which houses the office of the accountant general of the federation in Abuja on Wednesday...
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World Health Day: WHO pays tribute to health workers battling COVID-19
The World Health Organisation (WHO) Regional Office for Africa in Brazzaville, Congo, has paid tribute to all healthcare workers battling...
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CBN warns against rising COVID-19 cyberattacks
The Central Bank of Nigeria has urged bank customers to avoid cybercriminals who are taking advantage of the COVID-19 pandemic...
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Nigeria to borrow $6.9bn from World Bank, IMF, AfDB
The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary...
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NNPC: no more payment of oil subsidy
GROUP Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said Nigeria would no longer pay...
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‘Naira depreciation could rekindle foreign portfolio investors’ interests’
Analysts in Nigeria’s financial sector have expressed optimism that the Central Bank of Nigeria’s (CBN) adjustment of the Foreign Exchange...
Read moreOil falls to $32 as OPEC+ postpones meeting
The international oil benchmark, Brent crude, fell on Monday after Saudi Arabia and Russia postponed a meeting to discuss output...
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Persistent sell-off drags index further by 2.02 per cent
Transactions in the equities sector of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, as the All Share...
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Diesel, kerosene prices fail to drop despite oil crash
The pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices...
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Stanbic IBTC to convert N21b cash to scrip at N24.79 per share
Stanbic IBTC Holdings Plc has indicated that a conversion price of N24.79 per share for any shareholder that elects to...
Read moreReport Forecasts 20% Drop in Diaspora Remittances
A Pan-African credit rating agency, Agusto & Co, has predicted a 20 per cent drop in Diaspora remittances to Nigeria...
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Banks review card spending abroad as dollar earnings dip
BANKS are adjusting the value and volume of transactions customers can do with their debit cards abroad as Nigeria’s dollar...
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FBNQuest assets under management hit N220b
FBNQuest Asset Management, a subsidiary of FBN Holdings, has offered investors expert guidance on investing opportunities. The firm, which has...
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Equity market extends weekly downtrend by 3.51%
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE...
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COVID-19: Foreigners leaving Nigeria to use their health facilities – Minister
Foreign citizens are being evacuated from Nigeria because they are more familiar with the health systems in their countries, says...
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Chinese Group Donates Materials to Bauchi to Curtail Spread of COVID-19
A Chinese group, Mutual Commitment Group (MCG), has donated medical protection materials to the Bauchi State Government to support the...
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Mixed reactions over epileptic power supply during lockdown
• Technical Hitches Ground SO Website, TCN Restores Platform • ‘We Cancelled Wedding, Restrict Guests To Beat Lockdown’ Some...
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COVID-19: FRSC Orders Transport Operators to Use Manifest
In its bid to mitigate the spread of corona virus amongst passengers, the Federal Road Safety Corps has ordered all...
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Contributions to COVID-19 relief fund hit N19.4bn — CBN
Monetary contributions to the account set up at the Central Bank of Nigeria under the Private Sector Coalition Against COVID-19...
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COVID-19: Lagos, Edo Record First Deaths, Cases Rise to 210
•FG threatens to extend lockdown •Chinese medical team on the way to Nigeria •Over 4000 Britons seek evacuation •Onyeama: No...
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