Nigeria
Customs impounds N68.85m worth of frozen food at Lagos airport
The Nigeria Customs Service (NCS) yesterday disclosed the seizure of two consignments of frozen foods valued at about N N68.85...
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CBN advances N610.4bn loans to farmers
The Central Bank of Nigeria has released a total of N610.4bn to the banks for farmers under the Commercial Agricultural...
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Rice producers to support border closure with price slash
In response to the Federal Government’s plea for farmers not to take advantage of the current border closure, producers of...
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All-Share Index Rises 0.54% as Market Opens on Bullish Note
Trading at the stock market resumed yesterday on a positive note as Cement Company of Northern Nigeria (CCNN) Plc led...
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‘Every additional tax, charges slow airlines, aviation growth’
The International Air Transport Association (IATA) yesterday warned Nigerian and other African governments that additional taxes and charges would further...
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NEITI: Why Oil Theft in Nigeria May Not End Soon
The Nigeria Extractive Industries Transparency Initiative (NEITI) has given possible reasons why widespread theft of Nigeria’s crude oil and refined...
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Cooking gas depots run dry, operators await vessel
Against the backdrop of the drop in the supply of Liquefied Petroleum Gas, popularly known as cooking gas, most depots...
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Stakeholders seek investors to Nigeria’s N1.85tr gold market, mining sector
Citing the untapped potential of Nigeria’s Gold market, stakeholders in the value-chain have sought increased involvement of investors in the...
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Halima heads operations at Dangote Group
Halima Aliko Dangote has been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), one of...
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AfDB, investors plan to close $67bn deals
Investors and partners of the African Investment Forum are working on closing investment transactions worth $67bn at the second edition...
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Experts urge investors to patronise dividend-paying stocks
Investors have been urged to target fundamentally-sound and dividend-paying stocks, to reposition for future capital appreciation, especially in the 2019...
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Zenith Bank, Best Digital Bank, Says Agusto & Co
Zenith Bank Plc has emerged as the best digital bank in Nigeria in the 2019 Consumer Digital Banking Satisfaction Index...
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Investors’ wealth plummet further by N18 billion
The bears further strengthened their hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, following selloffs on...
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Banks generate N675.9bn non-interest income in 9 months
A total of six banks generated N675.9bn from non-interest income in the first nine months of the year, an increase...
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Consolidated Hallmark Insurance Grows Nine Months’ Profit by 56% to N659m
Consolidated Hallmark Insurance (CHI) Plc has recorded impressive results for the nine months and is getting ready to raise additional...
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FG pays N157.3bn tax arrears to states
The Federal Government has paid the sum of N157.35bn Pay-As-You-Earn tax liabilities owed by Federal ministries, departments and agencies to...
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Customs Tighten Noose, Bar Supply of Petrol to Borders
The Nigeria Customs Services (NCS) has ramped up efforts to curtail smuggling with a directive to the Nigerian National Petroleum...
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Ghanaians enraged over border closure
Nigerians doing business in Ghana have been asked to quit their shops by Thursday, November 14, 2019, or be forcibly...
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FG bars cash transaction in post offices
The Federal Government has ordered the immediate termination of cash payment in offices of the Nigeria Postal Services across the...
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Nigeria’s Neighbours Must Obey Fair Trade Rules, Says Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, wednesday said Nigeria’s neighbours must comply with fair trade...
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Bill to hike VAT passes second reading in Senate
An Executive bill forwarded to the National Assembly seeking to make changes in the Nigerian tax and fiscal law scaled...
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Border closure triggers boom in airport cargo movement
The Murtala Muhammed International Airport (MMIA) recorded over 100 per cent increase in cargo movement comprising import and export in...
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CBN’s examination shows breach of rules by BDC operators
Despite the increasing awareness and reforms in the Bureau De Change (BDC) sub-sector, a significant number of operators are below...
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FIRS woos foreign investors to Nigeria with attractive tax
The Federal Inland Revenue Service (FIRS), has tasked foreign investors to consider Nigeria as their first option for business considering...
Read moreNigeria lost $42bn to crude oil and products theft in 10 years – NEITI
Crude oil and refined products worth $41.9 billion were stolen from Nigeria in the last 10 years (2009 – 2018),...
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