Business and Economy

12 ships arrive Lagos ports with petrol, other commodities – NPA

By Aisha Cole  The Nigerian Ports Authority (NPA), says 12 ships laden with various products, including petrol, are at the…

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Ambode signs N1.046TR Y2018 Budget into law …Targets N897bn revenue …Assents Consolidated Transport Sector, Teaching Service Commission Bills

Lagos State Governor, Mr Akinwunmi Ambode on Monday signed the 2018 Appropriation Bill of the State into law with a…

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Ogonis give stiff conditions for oil exploration to resume; …Demand resettlement of Ogoni refugees, rebuilding of destroyed property, relocation of HYPREP headquarters to Ogoni land, apology from Shell

David Amusa, Port Harcourt The Ogoni General Assembly, comprising all the communities in Ogoni land, has given strict conditions for…

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On-Shore/Off-Shore Oil Dichotomy: Don’t be misled by A-Ibom PDP insinuations – Chief Don Etiebet

By Our Reporter Former Petroleum Minister, Chief Don Etiebet has dismissed claims by the Akwa Ibom People’s Democratic Party Elders…

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CBN ready to support anyone willing to invest in Agriculture – Emefiele

By Ayodeji Alabi The Central Bank of Nigeria (CBN) on Friday, expressed readiness to support anyone willing to invest in…

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Nigeria needs wealth creators in government, not wealth sharers — Peter Obi

Former Governor of Anambra State, Mr. Peter Obi, has said that Nigeria needs to have wealth creators managing her affairs…

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Nigeria Airways ex-workers beg Buhari’s Emir over severance packages

Ex-workers of defunct national carrier, Nigeria Airways have petitioned Alhaji Umar Faruk Umar, the Emir of Daura, President Muhammadu Buhari’s…

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Nigerian Content: NCDMB injects $200m to boost indigenous participation in oil, gas sector

By Nathan Nwakamma The Nigerian Content Development and Monitoring Board (NCDMB) said it has set aside a 200-million dollars Nigerian…

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Weststar breaks into the light-duty truck segment with Mercedes-Benz Accelo; Sheds light on possible applications.

Following its successful launch in 2017, the Mercedes-Benz Accelo has carved its niche in the light-duty commercial vehicle truck segment…

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Gov. Ugwuanyi signs N103.5 billion 2018 Budget into Law

Governor Ifeanyi Ugwuanyi of Enugu State, on Monday signed the N103.5 billion 2018 budget recently passed by the House of…

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17 ships laden with petrol to arrive in Lagos ports

By Aisha Cole Seventeen ships laden with petrol are expected to sail into Apapa and Tin Can Island Ports from…

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How I became a graduate through phone repair, says entrepreneur

By Taiye Agbaje Mr Tony Okeke, a graduate of Mechanical Engineering Technology, said he sponsored his education through phone repair.…

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Kachikwu directs NNPC to clear fuel queues in Abuja before Sunday

By Yetunde Bada The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday directed the Nigerian National Petroleum…

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2019: My work ‘ll speak for me, says Ikpeazu; Abia Gov. is a prudent finance manager – Secondus

“Debates on whether I will seek re-election in the 2019 governorship election are not necessary for now, because my work…

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FG commends Total’s $16bn Egina project, urges more investment from IOCs

By Yunus Yusuf The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Tuesday commended the management of Total…

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Forex Market gets CBN’s $210 million boost

The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet…

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Sanusi commends Air Peace for extending flight operations to Kano

By Solomon Asowata The Emir of Kano, His Highness, Muhammad Sanusi II, has commended Air Peace for extending its domestic…

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Forex: CBN intervenes in Retail SMIS with $325.64m

The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune…

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DMO ready for next stage of refinancing Domestic Debt; The Purpose of the External Financing

The planned external financing of USD2.50 billion is for the refinancing of maturing domestic debt obligations of the Federal Government.…

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FG re-appoints Consortium of Banks to implement $2.5bn Euro bond

By Ismaila Chafe The Federal Government has announced the re-appointment of a consortium of banks including Citi Group, Standard Chartered,…

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FG approves substitution of Lufthansa as adviser on National Carrier

By Ismaila Chafe The Federal Executive Council (FEC) on Wednesday approved substitution of the nation’s adviser on establishment of a…

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How Zinox pulled off Konga acquisition

The Zinox Group has reportedly concluded the acquisition of e-commerce powerhouse, Konga after successfully rounding off months of long-drawn negotiations…

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Kechi Okwuchi, Sosoliso crash survivor on ‘Thank You’ visit to SPDC

There were emotional scenes as Miss Kechi Okwuchi, a survivor of the 2005 Sosoliso plane crash that claimed many lives…

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