Year: 2024
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ASSETS & FINANCIALS
Rising Food Prices Drive Inflation To 34.6% High
Nigeria’s inflation rose to 34.60 per cent in November 2024, reflecting a 0.72 per cent increase from October’s rate of…
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OIL & GAS
Dangote Refinery Exports Petrol To Cameroon
The Dangote Petroleum Refinery and Neptune Oil announced their first export of Premium Motor Spirit (petrol) to Cameroon, marking a…
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OIL & GAS
Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels…
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NEWS LENS
Bello Urges FG Not To Designate Any Agency As Lead For Blue Economy
Former Executive Secretary of the Nigerian Shippers’ Council, NSC, Barr. Hassan Bello has charged the federal government not to designate…
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NEWS LENS
NPCC Inaugurates 5 New Committees
As part of efforts to birth innovative ideas to enhance the performance of the nation’s seaports, the Nigerian Ports Consultative…
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ASSETS & FINANCIALS
ILO Advocates Living Wage For Workers
The International Labour Organisation has revealed that while real wages have shown a 2.7 per cent growth globally—the highest in…
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NEWS LENS
Caverton Signs Shipbuilding Agreement With Naval Dockyard
Caverton Marine Limited has signed a shipbuilding agreement with Dockyard Limited. The signing ceremony, which was held at the…
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NEWS LENS
EASTERN PORTS POSITIONED FOR INCREASED INVESTMENT AS DANTSOHO TOURS ONNE & RIVERS PORT COMPLEXES
In continuation of his resolve to galvanize port concessionaires and terminal operators into increasing their In-Country investments in Port infrastructure…
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SPECIAL REPORT
Making Of 15 Wise Women As MMS Hall Of Famers
Fifteen exceptional wise women were inducted into the MMS Hall of Fame at the just concluded 2024 MMS Woman of…
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OIL & GAS
150,000bpd P’Harcourt Refinery Plant 90% Completed – NNPC
The Nigerian National Petroleum Company Limited has confirmed that the ongoing repair of the new 150,000 barrels per day Port…
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NEWS LENS
Nigeria Not Blocking Airline Fund Repatriation – IATA
Nigeria has exited the list of countries blocking the repatriation of airline funds, a new report by the International Air…
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NEWS LENS
Yuletide: South-East, S’South Airfares Jump To N287,800
A few domestic airlines have increased airfares to the South-South and South-East regions of Nigeria by over 100 per cent,…
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NEWS LENS
LCCI Reiterates Call For Fixed Import Duty Exchange Rate
The Lagos Chamber of Commerce & Industry has once again called for a fixed import duty exchange rate that is…
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ASSETS & FINANCIALS
Equity Market Reverses Gain With N63bn Loss
The Nigerian equity market ended the first trading day of the week on a downward note, reversing recent gains with…
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NEWS LENS
2025 Budget: Senate Threatens Non-Performing Agencies
The Senate, through its Finance Committee, has issued a stern warning to government agencies, threatening zero allocation in the 2025…
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NEWS LENS
Jimoh Ibrahim Laments $11bn Ajaokuta Steel Project Failure
Senator Jimoh Ibrahim has described the Ajaokuta Steel Complex as a stark example of Nigeria’s squandered development potential, pointing to…
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OIL & GAS
Oando Raises Oil Production Output By 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months. It…
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ASSETS & FINANCIALS
Foreign Investments In Telecoms crash by $99m – NBS
Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per…
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ASSETS & FINANCIALS
OPS Urges Sustenance As Naira Gains N137/$
The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank…
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NEWS LENS
Overtime Vehicles: Customs Plan Auction After Two-Week Ultimatum
The Nigeria Customs Service on Thursday gave a two-week ultimatum to owners of some overtime containers and vehicles to clear…
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