Business and Economy

CBN injects $335.43m into Retail SMIS

The Central Bank of Nigeria (CBN), in its resolve to guarantee liquidity in the market, injected the sum of $355.43m…

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Senate committee urges govt to check rice smuggling

By Naomi Sharang  The Senate Committee on Customs, Excise and Tariff, Sen. Hope Uzodinma has called on relevant agencies of…

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Reps appropriated N2billion for Ajaokuta concessioning – Minister…..Says current attack on ministry over issue worrisome…..Technical audit on steel complex ready in six weeks…

The Minister on Mines and Steel Development, Dr Kayode Fayemi, on Thursday revealed that the House of Representatives duly appropriated…

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Lagos Land Use charge, anti-people, says PDP (See Lagos State Govt’s graphic illustration of new charge)

By Bolaji Buhari The Lagos state chapter of the Peoples Democratic Party (PDP) has described the state new land use…

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FG convenes Focus Labs to fast track attainment of ERGP objectives

The Ministry of Budget and National Planning Tuesday, March 6, 2018 in Abuja unveiled the scale and purpose of the…

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Tambuwal: High interest rate hurting small businesses

The prevailing interest rate charged by banks is hurting small businesses in the country and should be reviewed downwards to…

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Apapa gridlock: Dangote Sugar company loses N2bn monthly

  By Henry Oladele  The Management of Dangote Group says its sugar and salt company loses about N2 billion to…

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Apapa gridlock: Military, LASG, give truck drivers 48 hours to vacate bridge

  By Henry Oladele   Stakeholders, including the Nigerian Military and the Lagos State Government(LASG) on Wednesday gave a 48-hour…

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29th Enugu International Trade Fair packaged to promote Nigeria’s economy — ECCIMA

By Franca Ofili  The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), says the 29th Enugu International Trade Fair…

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How Africa can develop like China — Peter Obi

African governments have been advised to look in the direction of China in their search for solutions to the continent’s…

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CBN boosts FOREX market with $210 million

  The Central Bank of Nigeria (CBN) on Tuesday, March 6, 2018 gave a boost of $210 million to the…

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Jubilation as Ugwuanyi inaugurates Ogbete Market Main access road *Assists owners of burnt corn mill shops with funds *promises to continue to identify with the common man and lead with the fear of God

Governor Ifeanyi Ugwuanyi of Enugu State amid jubilation and commendations from traders in Ogbete Main Market, Enugu on Tuesday inaugurated…

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11 ships arrive in Lagos ports with petrol, other commodities, says NPA

By Aisha Cole Eleven ships laden with various products, including petrol, are at the Lagos ports waiting to berth, the…

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We subsidise petrol with N774 million daily – NNPC

  The Nigerian National Petroleum Corporation (NNPC) has said that it loses N774 million daily on under-recovery due to the…

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Dangote donates N1.2 billion business school to Bayero University, Kano

The business educational development of Northern Nigeria took a new turn at the weekend when renowned businessman, Aliko Dangote donated…

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We will deliver local rice below N10,000 per bag – Bagudu

By Rotimi Ijikanmi Gov. Abubakar Bagudu of Kebbi says the state will work together with farmers and millers under the…

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Sokoto to construct 1000 tube wells to tackle drought in farms

Sokoto government said it will construct 1000 tube wells so as to provide enough water to farm lands for the…

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Mitsumi assures customers of quality solutions from Dell EMC

Mitsumi, a Pan Africa Distribution Company of Information Technology (IT) solutions, has assured its Nigerian customers of quality and affordable…

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Freed lecturers: UniMaid pledges to resume oil exploration activities in Chad Basin

By Yetunde Bada   The University of Maiduguri says despite the incarceration of its lecturers for over eight months, it…

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`NASS has assured us PIB will be passed by June’ — NNPC

By Yetunde Bada  The Nigerian National Petroleum Corporation (NNPC) says the National Assembly has assured that the Petroleum Industry Bill…

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NNPC investing in renewable energy, says GMD

By Philip Yatai  Dr Maikanti Baru, Group Managing Director, GMD, of the Nigerian National Petroleum Corporation (NNPC), said on Wednesday…

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