FCMB Group and AIICO Insurance have notified the Nigerian Stock Exchange (NSE) and the investing public of discussions for sale of 96…
News
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Director-General Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that there are policies in the pipeline to improve…
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Microsoft Corp. said Friday it will close all of its physical store locations, as part of the software and cloud giant’s new…
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Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition…
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The Standards Organisation of Nigeria has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in…
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IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited…
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Deputy Governor Central Bank of Nigeria (CBN) Aishah Ahmad has said that 17 banks submitted requests to restructure over 32,000 loans for…
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Profit-taking in MTNN (-0.4%), ZENITH (-1.5%) and FBNH (-0.9%) dragged the benchmark index 12bps lower to close at 24,625.24 points. As a result, market capitalisation declined ₦15.6bn to ₦12.8tn while…
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As drug trafficking by sea increases globally, the National Drug Law Enforcement Agency, NDLEA have stressed the need for the Federal Government…
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The gap between the bullish mood among investors and the huge uncertainties about the extent and speed of the economic recovery from…
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NewsOil and Gas
NNPC produces 218.37bn cubic feet of natural gas in March, records 47% decrease in pipeline vandalism
The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating…
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Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by…
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Aviation unions have threatened to shut down the Nigerian Airspace Management Authority ,NAMA, operations if the agency goes ahead with its planned…
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Losses in the equities market were extended into the third consecutive trading session as sell-offs in SEPLAT (-10.0%), NIGERIAN BREWERIES (-3.6%) and INTBREW (-9.9%) dragged the benchmark…
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Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the…