Lagos State attracted the largest foreign investment inflow in the 2019 with a total of $14.16 billion of the $21.14 billion investment…
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News
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The Board of Directors of the African Development Bank has approved a grant of five million dollars to enable the Tony Elumelu…
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President Muhammadu Buhari has signed the 2020 budget into law. The President Abuja signed the 2020 appropriation bill of N10,594,362,364,830 into law…
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The Edo State Government, in preparation for the commencement of the Contributory Pension Scheme at the Local Government Area level, will be…
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The Federal High Court, Abuja has ordered the transfer of Soku oil field from Bayelsa to its rightful owner, Rivers. Justice Inyang…
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The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week following price appreciation in DANGCEM (+1.4%), ACCESS (+4.3%) and UBA (+6.1%). Market…
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The Nigerian Electricity Regulatory Commission (NERC) has said that six out of eight Power Distribution Companies (DisCos) have complied or substantially complied…
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BusinessEconomyFinanceNews
May & Baker boss advocates N500bn bailout fund for Pharmaceutical industry
May & Baker Nigeria Plc says the pharmaceutical sector needs a bail out of N500 billion to play actively in African Continental…
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China has suspended additional tariffs on some US goods that were meant to be implemented on Dec. 15, the State Council’s customs…
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AFEX Commodities Exchange Ltd (AFEX), a leading market commodity exchange in Nigeria has secured an investment for an undisclosed amount from Consonance…
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Ecobank Nigeria is partnering with Lagos State Ministry of Environment on Waterfront Clean Up Program to enhance the preservation of marine Ecosystem…
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The African Export-Import Bank (Afreximbank) and the Government of Cameroon have signed the two principal documents finalising the protocol toward the take-off…
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The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele will on Tuesday launch the Edo State Oil Palm Programme…
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BusinessEconomyNews
Nigeria merchandise trade grew in Q3, 2019 with higher exports and lower imports–NBS
National Bureau of Statistics NBS has said that the value of Nigeria’s total trade stood at N9,187.6 billion in Q3 of 2019…
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This week, the local bourse closed in the red extending previous week losses as the All-Share Index (ASI) shed 1.2% w/w to…