Nigeria
Zenith Bank okays N87.9b dividend
Shareholders of Zenith Bank Plc yesterday, at the 29th Annual General Meeting of the Bank, held at the Shehu Musa...
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Togo, Niger, Benin owe Nigeria N30bn for electricity
The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from...
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FG suspends $3.3bn Eurobond issuance
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday disclosed that the Federal Government had suspended...
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More pain for Nigeria as oil sinks to $29
With the international oil benchmark, Brent crude, falling below the $30 per barrel mark on Monday, the oil-dependent Nigerian economy...
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Julius Berger Posts N8.7bn Profit, Declares N3.6bn Dividend, Bonus Share
Shareholders of Julius Berger Nigeria Plc are to receive dividend and bonus shares for the financial year ended December 31,...
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Selloff persists in equities market as index plunges further by 0.12%
Despite price gains that outweighed losses, the Nigerian equities market reopened the week on a downturn, causing the All-Share index...
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Visa-on-arrival issuance drops by 39.8%
The number of visas on arrival issued at the Murtala Muhammed International Airport, Lagos in the last one month has...
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Insurers’ assets to grow by 26.5% –Report
A report by Agusto&Co, a Pan African Credit Rating Agency and provider of industry research has anticipated a 26.5 per...
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How 15 died in Lagos explosion
Amid horrid reminiscences of the January 27, 2002 bomb explosion in Lagos State, which occurred on a Sunday, panic and...
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Shell lists operational challenges in Nigeria
Global oil giant, Shell, has identified insecurity, legislative issues and poor infrastructure as some of the problems confronting its operations...
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More Countries Tighten Control as Coronavirus Kills 6,000
Christopher Isiguzo in Enugu, Chinedu Eze, Martins Ifijeh in Lagos and Adedayo Akinwale in Abuja More than 164, 000 people...
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Oil crash: Nigeria may lose $8.63bn in six months
Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn...
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Exporters fret as naira depreciates
Agro exporters may face stiff competition from their counterparts in emerging economies as a sharp fall in the naira could...
Read more‘26 Insurance Firms Likely to Meet New Capital Requirement’
Agusto and Co., a research, credit ratings and risk management firm, has envisaged a significant reduction in the total number...
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Nigerians want smartphones below $100 as disposable income drops
Shipments of smartphones to Nigeria was 5.3 percent in Q4, 2019, as demand for lower brands priced below $100 rose,...
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PenCom recovers N17.05bn from 655 employers
The National Pension Commission (PenCom) has recovered a total of N17.05 billion as outstanding pension contributions from defaulting employers in...
Read moreNaira crashes in value, dollar sells for N420
On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the...
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‘Cryptocurrency remains stable amid fluctuations’
As the coronavirus threatens the global economy, experts have confirmed that the Cryptocurrency has remained stable amid the crisis. ...
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44 firms shed N457bn, market cap falls below N12tn
The nation’s stock market extended its decline on Thursday as 44 firms recorded price depreciation, causing investors to lose N457bn...
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NNPC to reduce cost of crude oil production from $17
The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the...
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Blue Seal Energy begins $12.5m chemical plant construction
Blue Seal Energy Group (BESG) has begun the construction of its $12.5 million chemical plant in Ibeju Lekki, Lagos. The...
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Amidst Oil Price Crash, FG Says No Cause to Panic
The federal government wednesday allayed fears of an economic crisis in view of the effects of the crash in global...
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Oando gets ISO 27001 certification
Oando Plc has become the first African oil and gas company to receive the ISO 27001 Certification from Certification Partner...
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Generator importation to attract 10-year jail term — Senate bill
A bill for an act to criminalise the importation, selling and usage of generators in Nigeria scaled the first reading...
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Reps suspend Buhari’s $22.79bn loan consideration indefinitely
The House of Representatives has indefinitely suspended the consideration of the $22.79bn external loan request by the President, Major General...
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