Business and Economy
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NNPC obtains circa US$1B to fund Upstream Operations of NPDC
The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of circa US$1b to support the upstream operations of…
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Akwa Ibom acquires 5th Bombadier aircraft CRJ – 190; As Gov. Emmanuel fulfils campaign promise
By Dennis Udoma, Uyo Its was celebration galore on Wednesday September 2, 2020 as Akwa Ibom State Government added a…
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Forex: Speculators set to count losses as Naira gains against Dollar
ABUJA Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against…
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CAN urges Buhari to suspend CAMA; FG says it’s not targeted at churches
By Jessica Onyegbula Abuja, Sept. 1, 2020 The Christian Association of Nigeria (CAN), has called on President Muhammadu Buhari to…
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“We must help Africa build back boldly, but smartly,” says African Development Bank President Adesina
ABIDJAN, Ivory Coast, September 1, 2020/ In a speech kicking off his second term as African Development Bank (https://www.AfDB.org/) chief,…
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Fidelity Bank to release H1 result Sept. 28
By Itohan Abara-Laserian Lagos, Sept. 1, 2020 Fidelity Bank Plc is to publish its financial statement for half year ended…
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Zenith Bank GMD calls for concerted efforts to expand non-oil exports
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for concerted efforts towards diversifying the country’s…
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AMCON N5trillion debt: AMCON, Senate collaborate to drive recovery
“We want the 9th Senate of the Federal Republic of Nigeria to pile pressure on some of our obligors through…
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CBN resumes sales of foreign exchange to licensed BDC operators
By Mustapha Sumaila Abuja, Aug 27, 2020 The Central Bank of Nigeria (CBN) says it has commenced the sales of…
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Buhari directs mass metering to end estimated billing
By Chijioke Okoronkwo Abuja, Aug. 27, 2020 President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as…
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Export: Emefiele to meet multinational coys CEOs
ABUJA The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans to meet the Chief Executives of…
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Kyari lists parametres to sustainable growth in Nigeria Petroleum Industry
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation…
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Proposed PIB will create sustainability in oil, gas sector – Slyva; Gas is future of Nigeria – Kyari, NNPC GMD
By Edith Ike-Eboh Abuja, Aug. 25,2020 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the proposed Petroleum…
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Jamoh: Inter-agency Collaboration Surest route to Maritime Security · Visits Comptroller-General of Immigration
Intensifying the quest for cooperation among relevant government agencies in a bid to secure Nigeria’s maritime domain, the Director-General of…
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Shell employees launch N82m free feeding programme at isolation centres
Employees of Shell companies in Nigeria have launched free feeding programme in COVID-19 isolation centres in seven states under…
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NIMASA Governing Board approves promotion of 9 Directors, 586 others
The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of 595 staff, including…
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Prudential Zenith Life donates $100,000 USD towards fighting effects of COVID-19 in Nigeria
Prudential Zenith Life Insurance has donated the sum of One Hundred Thousand United States Dollars (US$100,000) to Slum2School Africa to…
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Prevention, response to oil spills in the Niger Delta: The SPDC JV example
sThough Goal Zero in all spills, both operational and third- party vandalism, may not have been met by energy giant,…
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How Total is supporting FG’s fight against COVID-19 — MD
By Solomon Asowata Lagos, Aug. 19, 2020 Mr Mike Sangster, Managing Director, Total E&P Nigeria Limited, on Wednesday said the…
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How I cleared over N35bn arrears of pension and gratuities as Anambra Governor — Obi
Former Governor of Anambra State, Mr. Peter Obi, has said that the details of how he cleared off over N35…
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Nigerian importers kick against surcharge on cargoes by international shipping firms …Surcharge is economic sabotage, insensitive, says Shippers’ Council
Importers in the country are currently groaning under huge surcharge imposed on them by the international shipping firms on cargoes…
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4 Simple steps your business can take to retain top talent By Andrew Bourne, Regional Manager, Africa, Zoho Corporation
The past few months have put organisations around the globe under unprecedented pressure. Few have been spared the economic fallout,…
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How Shell companies help host communities in Nigeria
Many do not know that the oil multi-national, Shell, in Nigeria has four companies either wholly-owned by it or in…
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We’ll support NLNG Train 7 to succeed-Wike *Demands employment of Rivers indigenes
Rivers State Governor, Nyesom Ezenwo Wike has assured of government’s support to make the Nigeria Liquefied Natural Gas(NLNG) Train 7…
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At NCDMB’s 17 storey office building inauguration, Gov Diri urges Agip to relocate to Bayelsa
Gov Douye Diri of Bayelsa has urged the Nigerian Agip Oil Company (NAOC) to relocate its operational headquarters to Bayelsa…
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