The idea of a partnership between the Federal Government and technology companies to develop an eco-system of competent Nigerians working in the…
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The Emirates Group has announced its half-year results for its 2020-21 financial year. According to the result Group revenue was $3.7 billion…
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This week, the domestic equities market performed positively as investors positioned in DANGCEM (+6.1%), AIRTELAF (+7.0%) and BUACEMENT (+4.8%). Consequently, the NSE All-Share…
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Governor Central Bank of Nigeria, CBN Mr. Godwin Emefiele has said that Private sector CACOVID, spent a total of N28.767 billion on…
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Today, the domestic equities market closed positive as the benchmark index advanced by 125bps to 34,769.00 points, following buying interest in DANGCEM (+2.6%), AIRTELAF (+1.9%) and DANGSUGAR (+5.9%).…
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BusinessEconomyNews
Emirates offers first ever $500,000 expanded multi-risk travel insurance coverage
Emirates Nigeria customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest…
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The Federal Government has said it would require a minimum of N500 billion annually for the next three years to develop its…
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(Reuters) – General Motors Co will recall 7 million vehicles worldwide with potentially dangerous Takata air bag inflators after a U.S. safety…
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Nigeria’s central bank held its benchmark lending rate at 11.5% on Tuesday, its governor Godwin Emefiele said. Prior to Tuesday’s meeting, the…
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BusinessEconomyNews
Nigeria airlines will not cut corners as IATA says Covid-19 crisis will cost airlines $157bn
Airline Operators of Nigeria, AON, has said that Nigeria airline operators will not cut corners if they are not given bailout by…
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(Reuters) – The European Union could produce enough batteries by 2025 to power its fast-growing fleet of electric vehicles without relying on…
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Nigeria’s biggest modular refinery has been inaugurated by President Mohammadu Buhari. The President conducting a virtual inauguration of the facility said the…
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A Bill for an Act to provide for legal, governance, regulatory and fiscal framework for the Nigeria Petroleum Industry, development of host…
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The Federal Government has urged women entrepreneurs to apply for its intervention grant for Micro, Small and Medium Enterprises (MSMEs) to enable…
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BusinessEconomyNews
Nigeria plans N15trn infrastructure company, says govt will buy locally assembled vehicles
By Omoh Gabriel The Presidency has said that the federal plans to set up a N15 trillion infrastructure company. The President gave…