The trade volume between Nigeria and China in 2014 exceeded 16 billion dollar in 2014, Deputy Chief of Mission, Chinese Embassy, Mr…
Business News Report
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Minister of Transport, Idris Umar, has constituted a committee to review the concession agreement between the Federal Government and private operators of…
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BusinessEconomic IndicatorsFinanceNews
Insurers, traders divided on insurance cover for fire incidents
Insurance operators and traders are divided over the lack of insurance cover to mitigate losses suffered by traders during fire incidents. Market…
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When late President Umaru Musa Yar’Adua decided that diesel price be deregulated, it was in line with his administration’s pledge to dismantle…
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Last week Tuesday, the CBN Governor met with the organised private sector to discuss developments in the foreign exchange market. He gave…
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By Chukwuma Charles Soludo, CFR I read some of the responses to my article, “Buhari vs Jonathan: Beyond the Election”, and I…
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AgricultureBusinessEconomyIndustryNews
FG to establish raw material-based clusters in 774 LGAs – Minister
The Federal Government said on Friday that it would soon establish a raw material-based cluster project in each of the 774 local…
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BusinessEconomyFinanceNewsOil and Gas
Diesel price cannot be reduced under current exchange rate — MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) on Friday said that the pump price of diesel can not be reduced, until…
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…project executed with 100% raw materials from Nigeria The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State…
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The Managing Director International Monetary Fund IMF, Christine Lagarde has advised managers of Nigeria economy to re-examine the nation’s fiscal and monetary…
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Nigeria’s electricity generation capacity yesterday hit 4,132.7 megawatts (MW) from about 3,300mw recorded last week. The increase can be attributed to the…
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*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand…
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Nigeria has announced plans to build modular refineries with capacity of between 20,000 to 25,000 barrels per day to boost domestic fuel…
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Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline…
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The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review…