Business and Economy
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Govt borrowings not necessarily bad, says DMO
DMO’s D-G, Patience Oniha By Kadiri Abdulrahman Lagos, March 24, 2022 The Debt Management Office (DMO), says borrowing by countries…
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CBN disburses N1.3 trn to support power supply in 5 years
By Lydia Ngwakwe Lagos, March 21, 2022 The Central Bank of Nigeria (CBN) says it has disbursed over N1.3 trillion…
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Fidelity Bank, OnePipe team up to empower businesses with cutting edge Payment Solution
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in…
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Epileptic grid: SERAP gives Buhari 7 days to probe missing N11trn electricity fund
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Attorney General of the Federation and…
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Nigeria emerges first in Africa to access ICM, raises $1.25bn Eurobonds
By Kadiri Abdulrahman Abuja, March 18, 2022 Nigeria has officially raised 1.25 Billion dollars through the issuance of a seven-year…
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What govt borrowings are used for – DMO DG Oniha; Says public debt now N39trn
By Kadiri Abdulrahman Abuja, March 17, 2022 The Debt Management Office (DMO), says the country’s increasing debt profile is mainly used…
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Jonathan, Sylva perform groundbreaking of Lubricant Plant in Bayelsa
The Federal Government is determined to deepen local content and reduce importation of products we could produce locally, the Executive…
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Fidelity Bank sensitizes customers on emerging opportunities in non-oil exports and CBN RT200 FX Policy
The Central Bank of Nigeria (CBN)’s efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over…
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IWD: Dangote pledges greater investment in women empowerment
Dangote Group has reiterated its commitment to continue supporting all forms of investments that would help develop and empower the…
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CBN Governor bags Giant Stride Award
By Deji Abdulwahab Abuja, March 13, 2022 The Queens of the Niger Delta, a Non Governmental Organisation (NGO) has honoured…
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Fidelity Bank celebrates 2022 IWD with Financial Support to women-owned businesses, Girls’ Academy • Ezekwesili, Alakija, Shagaya, Chimamanda, others grace occasion
In what has been termed a major push for breaking the gender bias in Nigeria, leading financial institution, Fidelity Bank…
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2021: Dangote increases sugar production by 9.2% to 811,962 tonnes
For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume…
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Int’l Women’s Day: TD Africa unveils seasoned Speakers, panelists for the HERWAKENING
As the March 8, 2022 anniversary of the globally celebrated International Women’s Day draws near, TD Africa, Sub-Saharan Africa leading…
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Fuel Scarcity: Minister pushes to overcome supply disruption
By Emmanuella Anokam Abuja, March43, 2022 The Minister of State, Petroleum Resources, Chief Timipre Sylva, says the Federal Government and…
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FG charges Dangote Cement tax of N173.93bn for 2021; paid N97.24 billion tax in 2020
Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93…
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Fidelity Bank to celebrate International Women’s Day with community-driven proposition
In commemoration of the International Women’s Day 2022, foremost financial institution, Fidelity Bank Plc, has announced plans to celebrate leading…
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Nigeria targeting 1.4mbpd domestic refining capacity in 5 years – NCDMB boss, Simbi Wabote
By Solomon Asowata Abuja, March 2, 2022 Mr. Simbi Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), says…
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Shell’s gas to power Nigeria’s biggest fertiliser company
Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners – Nigerian National…
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Dangote Cement’s commitment to climate change yields dividend …Proposes dividend of ₦20.00 per share
Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its…
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Zenith Bank announces N765.6bn gross earnings for 2021
By Lydia Ngwakwe Lagos, Feb. 28, 2022 Zenith Bank Plc has announced gross earnings of N765.6 billion as at Dec.…
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NLNG, Chevron, SNEPCo, NCDMB, others bag awards at 2022 NIES
By Solomon Asowata Abuja, Feb. 28, 2022 The Nigeria LNG Company Ltd. (NLNG) has won the 2021 Gas Infrastructure Project…
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Nigerian Consulate in New York to issue passport with 10-year validity
By Cecilia Ologunagba New York, Feb. 27, 2022 The Consulate-General of Nigeria in New York has announced that the Consulate…
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Catch all the amazing highlights from Fidelity Bank’s The Euphoria event
With spell binding musical performances from Johnny Drille, Chike and Fave as well as interesting games, The Euphoria lived up…
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Seplat acquires ExxonMobil’s shallow water assets in Nigeria – official
By Solomon Asowata Lagos, Feb. 25, 2022 Seplat Energy Plc, a leading Nigerian energy company, says it had entered into…
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Fidelity Bank restates support for CBN FX repatriation push, sensitizes customers in emerging opportunities in non-oil exports
Fidelity Bank Plc, a leading Nigerian bank, has reaffirmed its commitment to actively support the Central Bank of Nigeria’s (CBN)…
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