Revenue generating agencies of the federal government made up of Customs, Federal Inland Revenue Services and Department of Petroleum Resources were allocated…
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BusinessFinanceNews
Etisalat Nigeria Loan crisis: wait for an investor to buy off shares….Exotic Capital
Exotic Capital a leading frontier and emerging markets investment firm based in the United Kingdom, has said that the most likely way…
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BusinessFinanceNews
Abu Dhabi Etisalat’s divestment a breach of Nigeria commercial contract —–CBN Source
Indications are that the Nigeria monetary authorities are not happy with the way and manner Etisalat Abu Dhabi has acted in the…
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PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, Indonesia, has shown interest in building a 10,000-barrel per day modular…
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Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government. NNPC, in its April 2017 Monthly…
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Etisalat Nigeria has said that the outstanding on the $1.2 billion syndicated loan is about $500m, N165 billion. It said that the…
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Market Statistics Wednesday, 21st June 2017 Market Cap (N’bn) 11,576.6 Market…
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The pound pushed above $1.27 on Wednesday, erasing losses following hawkish comments made by the Bank of England’s chief economist. “Provided the…
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Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek…
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A row has erupted in South Africa between Civil Society Group and the government over the status of South Africa Reserve Bank.…
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Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said that it plans to raise $200 million to…
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BusinessMaritimeNews
Customs requires 7-day advance manifest for all day port operation actualisation
Nigeria Customs Service has said that advanced cargo manifest must be submitted to it at least seven days before the arrival of…
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Aliko Dangote, President Dangote Group, said that the poor state of port roads is causing a weekly loss of about N140 billion…
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Oil on Tuesday marked its lowest finish since August, with prices sinking into bear-market territory as investors remained concerned that rising output…
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The Federal Government got a total payment of 539.578 million Yuan, about $81.329 million, from a Chinese oil firm, the China National…