The arraignment of a former Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu, has been fixed for July…
Category:
Economy
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Activities on the Nigerian Stock Exchange (NSE) on Monday closed on a negative trend due to profit taking as investors adjusted their…
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The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign Exchange (forex) demand in the country prior…
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The Central Bank of Nigeria (CBN) will today meet banks’ treasurers to clarify issues relating to the operations of the flexible exchange…
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Shareholders of Chemical and Allied Paints, CAP Plc, have approved the payment of N840 million dividends, which translates to 120 kobo dividends…
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The Managing Director, Financial Derivatives Limited, Mr. Bismarck Rewane, has said that Nigeria’s misery index has risen from 44.1 to 45.6 per…
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BusinessEconomyNewsOil and Gas
Vandalism of oil facilities threatens Nigeria’s ranking on global business
The Central Bank of Nigeria, CBN, has warned that vandalism of oil facilities may worsen the country’s ranking on the global ease…
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The Central Bank of Nigeria (CBN) has unveiled a N500 billion low interest rate credit fund designed to boost non-oil exports. Announcing…
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The UN Development Programme (UNDP), on Thursday, warned that Nigeria might experience food shortage, if urgent interventions were not put in place…
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Central Bank of Nigeria is “reasonably optimistic” the naira will settle at around N250 to the U.S. dollar after an initial period…
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International Maritime Organisation, (IMO) has given the Nigerian Maritime Administration and Safety Agency (NIMASA) 90 days ultimatum to formulate a long term…
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EconomyNewsOil and Gas
Nigeria lost billions of dollars to non-remitted, underpaid monies in oil and gas – NEITI
The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Mr Waziri Adio, said Nigeria lost billions of dollars in 2013 to sharp…
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Major Blue Chip Companies on the Nigerian Stock Exchange (NSE) on Wednesday posted huge gains reversing the negative trend with the equity…