Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on the completion of the acquisition…
Business News Report
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The total Value Added Tax (VAT) collected between January and March 2020 as reported by the National Bureau of Statistics was N338.94…
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The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, has applauded the Nigerian…
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The equities market ended today’s trading session in the green as the All-Share Index (ASI) rose 60bps to close at 24,010.19 points following…
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United Bank for Africa (UBA) Plc, in a virtual media parley participated in by journalist across Africa said it has upgraded its…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs)…
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FSDH Merchant Bank says it has been enlisted into the Lagos State Electronic Banking System of Revenue Collection and Monitoring (EBS-RCM). FSDH…
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At the close of the week, the domestic equities market performed negatively as investors took profits in UAC-PROP (-13.0%), CAP (-9.8%) and…
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The Lagos Chamber of Commerce & Industry (LCCI) has said that a significant fraction of businesses, precisely 81%, have been ‘severely’ affected…
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BusinessEconomyNews
FG impounds Flair Aviation, a UK company plane for violating ban on COVID-19 commercial flight
The Federal Government has impounded Flair Aviation aircraft for violating the ban on commercial flight into Nigeria following the outbreak of coronavirus.…
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The African Centre for Global Entrepreneurial Leadership (ACGEL) has said it is partnering with the National Directorate of Employment NDE to create…
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EconomyNews
COVID-19: FCT Minister lauds NNPC’s medical initiatives, offers land for modern health facility
The Honourable Minister of Federal Capital Territory Administration (FCT), Mallam Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum…
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Nigeria’s cocoa mid-crop output is expected to be weak as measures to curb the spread of the coronavirus hindered farmers and exporters,…
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FinanceNewsStock Market
NSE lists FBNQuest Merchant Bank N5bn bond on its platform, market capitalisation drops N12.440trn
The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The…
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The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of…