Business and Economy

Dangote to save forex, through 40% sugar import substitution

…To employ 30,000 youths in Nasarawa  Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of…

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Zenith Bank sustains growth trajectory with double-digit growth in gross earnings in H1 2022

In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced…

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FG, private sector partnership will bridge Nigeria’s infrastructure gaps – Osinbajo

  By Chijioke Okoronkwo Abuja, Aug. 23, 2022 Vice President Yemi Osinbajo says collaboration between the Federal Government and the…

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Osinbajo-led Council receives update on takeover of 4 DISCOs; VP inaugurates Board of NELMCO

By Chijioke Okoronkwo Abuja, Aug. 21, 2022 The National Council on Privatisation (NCP), chaired by Vice President Yemi Osinbajo, has…

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Paris Club Refund: We are owed $68m not $418m, says Nwoko

By Ismaila Chafe Abuja, Aug. 20, 2022 Mr. Ned Nwoko, the Lead Consultant for the recovery of over deductions from…

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NEC commends Nigeria Sovereign Investment Authority’s performance at Annual Governing Council meeting 

  The National Economic Council (NEC) has endorsed a report on the 2021 financial performance of the Nigeria Sovereign Investment…

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eNaira records 200,000 users, N4bn transactions value – Emefiele

By Kadiri Abdulrahman Abuja, Aug. 18, 2022 The Central Bank of Nigeria (CBN), digital currency, eNaira has recorded 200,000 volumes…

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Osinbajo rallies states on business environment reforms

By Chijioke Okoronkwo Abuja, Aug. 16, 2022 Vice President Yemi Osinbajo says state governments and their agencies have a significant…

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Techno Oil Group bags ISO 9001: 2015 Certification; It’s recognition of our commitment to best practices – Obi

THE Standards Organisation of Nigeria (SON), has awarded ISO 9001: 2015 Certification to Techno Oil Limited for complying with best…

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Shell, others renew deep-water oil mining leases

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Chartered Institute of Bankers of Nigeria, USA Branch, holds 2022 Biennial Conference in New Jersey, August 20

The 2022 Biennial Conference of The Chartered Institute of Bankers of Nigeria (CIBN), United Staes of America (USA) Branch will…

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DMO auctions 3 FGN bonds totaling N225bn at N1,000 per unit

Mrs. Patience Oniha, Director-General, DMO By Kadiri Abdulrahman Abuja, Aug. 12, 2022 The Debt Management Office (DMO) has announced the…

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NLNG denies involvement in illegal gas exportation

By Solomon Asowata Lagos, Aug. 11, 2022 The Nigeria Liquefied Natural Gas Ltd. (NLNG) has denied the allegation that the…

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Collaborative measures crucial to preventing bank failure in Nigeria says EFCC boss, Bawa

The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has called for collaborative measures by relevant stakeholders…

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Access Bank to boost small businesses in Nigeria with $280 million DFC financing

DFC CEO Scott Nathan and Access Bank Managing Director Roosevelt Ogbonna sign commitment letter in a ceremony during CEO Nathan’s…

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Cydene Energy launch social inclusive app to boost LPG adoption in Nigeria

    By Ibiyemi Mathew Cydene Energy has launched an app that will boost the adoption of Liquified Petroleum Gas…

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FirstBank rewards customer with car in Verve Card campaign finale promo

By Lydia Ngwakwe Lagos, Aug. 5, 2022 The First Bank of Nigeria Ltd. has rewarded the grand prize winner of…

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Nigeria’s energy policy prioritizes rapid integration of solar power, says Buhari; Receives SUN Africa LLC, USA

President Muhammadu Buhari Thursday in Abuja declared that the rapid integration of solar power into the country’s energy mix will…

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