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ASSETS & FINANCIALS
Buhari Budgets N2.3bn For Ex-Presidents In 2016
Eleven former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff are to share N2.3 billion as entitlements…
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NEWS LENS
Buhari To Disburse $2bn For Rail Projects
Nigeria’s President, Muhammadu Buhari is set to pay $2billion to a Chinese company for the construction of rail lines from…
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OIL & GAS
Marketers Confirm Subsidy Payment, Explain Petrol Scarcity
Oil marketers have confirmed that the Federal Government has paid them over N400bn petrol subsidy claims and also explained why…
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ASSETS & FINANCIALS
Govt Records N103bn Shortfall In Revenue Allocation
Statutory allocation to the three tiers of government witnessed a decline of N103.95bn in the month of November from the…
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OIL & GAS
Kaduna Refinery Begins Production
The Managing Director, Kaduna Refining and Petrochemical Company Limited, Mr. Seidu Muhammed, has revealed that the Kaduna refinery has resumed…
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ASSETS & FINANCIALS
Buhari Presents N6.08trn 2016 Budget To NASS
President Muhammadu Buhari has presented a total budget of N6.08 trillion for 2016 to both the Senate and the House…
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PERISCOPE
Transport Minister’s Visit: Amaechi’s Theatre Of Realism
Rotimi Amaechi is a man who divides opinion in the Nigerian political arena. It is doubtless that he made some…
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OIL & GAS
Nigeria’s oil faces quagmire as US begins export
Nigeria’s crude oil, which has been struggling to sell in recent months, is set to suffer further setbacks in the…
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ON THE SPOT MANAGER
The Nigerian Shipping Sector: The Potentials And The Headway
The Nigeria shipping sector today is seen as a veritable tool for the growth of the nation’s economy. The sector…
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OIL & GAS
Why We Stopped OPAs, Crude Swaps- Kachikwu
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Wednesday said the federal government decided to do…
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OIL & GAS
Nigeria’s NNPC Issues 2016 Crude Oil Contracts Worth $13.5 Billion
The Nigerian National Petroleum Corporation (NNPC), has issued its 2016 crude oil term contracts to 21 companies, going directly to international…
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ASSETS & FINANCIALS
NSE: Investors Lose N109bn In Two Days
Investors lost N109 billion on the Nigeria Stock Exchange (NSE) in the first two days of the week, following persistent…
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NEWS LENS
NIMASA Suspends Services Of 7 Staff Over N1.2bn Scam
The management of Nigerian Maritime Administration and Safety Agency (NIMASA), has directed all the members of staff recently arraigned at…
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NEWS LENS
Shippers’ Council Tasks Shippers On ICTN Or Face Penalties
The Executive Secretary/ Chief Executive Officer (CEO) of the NSC, Barr. Hassan Bello stated this while addressing journalists, at…
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OIL & GAS
Total And SANYA Nigeria Sign Lubricant Deal
Total Nigeria Plc and SANY Nigeria Company Limited have signed a lubricant supply agreement. Following a global cooperation agreement…
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ASSETS & FINANCIALS
NIPOST Shuts Courier Firm, Revokes Licences
The Courier Regulatory Department of the Nigeria Postal Service on has begun a resolute clampdown on courier agencies operating illegally…
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OIL & GAS
TUC, LCCI Differ On Proposed Petrol Price Rise
The Federal Government should not effect the proposed increase in the price of Premium Motor Spirit, popularly known as petrol, without…
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ASSETS & FINANCIALS
N1tn fine: MTN May Sack More Workers
Feelers emanating from MTN Nigeria on Thursday indicated that the telecommunications firm might be nurturing plans to reduce its workforce…
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NEWS LENS
Apapa Gridlock: “Arrest Amaechi”
Reps to declare “State of Emergency” AMATO Lists Solutions It is the prayers of most port users that the Minister…
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BEARS & BULLS
BEARS: Something Fishy About NPA
The Nigerian Ports Authority (NPA) were probably attempting to hide something about the 5,000 tally-clerks and onboard security it has…
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