Companies in the manufacturing sector of the economy that source foreign exchange to import raw materials and products have been hit hard…
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News
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By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments…
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By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their…
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Nigerian smallholders’ farmers and those from 11 other Africa countries are to benefit from the Global Environment Facility launched an innovative $106.5…
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Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Ade Ayeyemi as its new Group Chief Executive…
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Indices of the Nigerian Stock Exchange (NSE), dropped by 0.22 per cent on Monday due to profit taking by some investors. The…
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BusinessEconomyFinanceNewsOil and Gas
Petroleum products depot owners, marketers edgy over unpaid N291bn subsidy claims
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to…
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The Nigeria Customs Service (NCS) has engaged the Economic and Financial Crimes Commission (EFCC) to investigate some bank accounts with NCS’ name…
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The Federal High Court in Ibadan on Wednesday ordered the remand of eight bank officials over alleged currency scam. The Economic and…
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Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent, following huge…
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*Says Mint suffers N1bn loss The Central Bank of Nigeria (CBN) operating surplus (net income) fell sharply by N174 billion to…
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The Securities and Exchange Commission (SEC) yesterday ordered all registrars of public companies to return all unclaimed dividends, which have been in…
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A total of 22 bankers comprising 16 staff of deposit money banks and 6 staff of the Central Bank of Nigeria (CBN)…