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$2.2bn projects in Nigeria app

The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in the 2020 fiscal year.   The management of the bank ha

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Posted On: 19 Feb 2020

Customs to investigate $8.07m

The Nigeria Customs Service on Tuesday said it intercepted $8,065,612m (N2.92bn) at the Murtala Muhammed International Airport, Lagos.   The Comptroller

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Posted On: 05 Feb 2020

Airlines suspend China flights

Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,

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Posted On: 01 Feb 2020

MTN exits towers businesses in

MTN Group MTNJ.J has agreed to sell its towers businesses in Ghana and Uganda as Africa's biggest mobile phone operator refocuses on high-growth markets on the

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Posted On: 02 Jan 2020

Stealing From Poor Nigerians:

The Central Bank of Nigeria has reduced charges on current account and some other services.   It stated that card maintenance fee on current account had

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Posted On: 26 Dec 2019

Chocolate makers hobble Ivory

Ivory Coast and Ghana’s move to combat farmer poverty with a living income premium for their cocoa sales is being undermined by chocolate makers scaling d

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Posted On: 18 Dec 2019

Nigeria’s inflation catapul

Nigeria’s inflation rate rose in November as food prices continued climbing following border closures.   Consumer prices rose 11.9% from a year ear

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Posted On: 18 Dec 2019

Crude Oil rises further above

Oil prices rose more than 1% on Tuesday, supported by hopes the U.S.-China trade deal will bolster oil demand in 2020 after a prolonged dispute between the worl

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Posted On: 17 Dec 2019

AfDB approves $5m grant to sca

The Board of Directors of the African Development Bank has approved a grant of five million dollars to enable the Tony Elumelu Foundation Entrepreneurship Progr

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Posted On: 17 Dec 2019

China implementing new rules t

China will implement new regulations that aim to make it easier to do business from Jan. 1, 2020, China’s state planner said on Wednesday, amid increasing

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Posted On: 23 Oct 2019

Lesson from a man whom a lady

I went to GT Bank hall yesterday, as I was about entering the hall, a lady ran ahead of me and pushed me away so she could quickly join the long queue before I

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Posted On: 17 Oct 2019

Huawei phones lose access to i

Huawei Technologies Co Ltd’s newly launched Mate 30 devices have lost their access to manually install Google’s Android apps, Bloomberg reported on

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Posted On: 02 Oct 2019

Innoson To Unveil A New Model

Innoson motors seem to be going the indigenous way of naming their vehicles after prominent Nigerians who have touched lives. The automobile company is set to r

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Posted On: 01 Oct 2019

NNPC, Lawyers Saved Nigeria fr

Davidson Iriekpen and Peter Uzor chronicle how the Nigerian National Petroleum Corporation and its lawyers’ proactive actions, effective defence, recently

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Posted On: 01 Oct 2019

Nigeria Sept crude oil and con

Nigeria’s September crude oil and condensate output was 2.1-2.2 million barrels per day, the director of its state oil company said on Tuesday.   N

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Posted On: 01 Oct 2019

Sterling Bank Receives Commend

Vice President Yemi Osinbajo has commended Sterling Bank Plc’s HEART initiative for its strategic intervention in key sectors of the economy, particularly

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Posted On: 01 Oct 2019

Air Peace granted commercial f

The South African Government has granted a request for Air Peace to begin commercial flights to Johannesburg, South Africa.   The confirmation was grante

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Posted On: 01 Oct 2019

Buhari directs release of N60

President Muhammadu Buhari has directed the Ministry of Finance, Budget and National Planning to release N600 billion for Capital Expenditure in the n

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Posted On: 01 Oct 2019

Prudent saving of oil income a

President Muhammadu Buhari has reinforced the administration’s commitment to effectively managing the nations economy.   Buhari disclosed this 

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Posted On: 01 Oct 2019

NSE Extends Losses on Continui

The Nigerian equities market fell by 0.09 per cent last week as investors’ sentiments remained weak despite low valuations. However, the decline last week

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Posted On: 30 Sep 2019

We enjoy huge patronage from F

Innoson Group of Companies Nigeria Limited has said it enjoys huge patronage and support from the President Muhammadu Buhari administration.   The group&

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Posted On: 30 Sep 2019

World’s central banks launch

Central bankers have launched an investment scheme or mutual fund to aggregate investments in green bonds.   The new global green bond fund came as Niger

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Posted On: 30 Sep 2019

China says companies facing ma

Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday. The United States and China have been locked

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Posted On: 29 Sep 2019

CBN offers $1.2bn opportunity

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into this country annually.  

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Posted On: 20 Sep 2019

We lost 22mb of crude oil in 6

The Governor of Edo State, Godwin Obaseki, has revealed that the nation lost about 22 million barrels of its crude oil production to oil theft between January a

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Posted On: 30 Aug 2019

MTN launches mobile money oper

Africa's largest telecommunications service provider MTN on Thursday became the first firm in the sector to launch a mobile money operation in Nigeria, a move o

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Posted On: 30 Aug 2019

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