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NEWS LENS
Demand for MT Heroic Idun detained crew intensifies
The Federal Government is under intense pressure to release the rogue tanker, MT Heroic Idun, arrested last year for…
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NEWS LENS
Edo NSDP beneficiaries to get employment in Benin Port
Chairman of the Benin Port Project, Greg Ogbeifun, has assured Edo State indigenes undergoing the Nigerian Seafarers Development Programme…
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NEWS LENS
Terminal operator suspends new fee on imported vehicles
The Ports & Terminal Multipurpose Limited has suspended the additional N50,000 charge per unit on folk-lifted imported used vehicles. Media…
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NEWS LENS
50% foreign vessels exit Nigeria, freight hike looms – Shipowners
The President of the Nigerian Chamber of Shipping, Aminu Umar, says rising insecurity and poor government policies have forced…
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ASSETS & FINANCIALS
Cash scarcity crippled Nigeria’s economy, says UN
The shortage of the naira in recent times crippled the Nigerian economy, the United Nations has disclosed. It stated that…
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POLITICS
Obi attacks INEC for defending Tinubu, Atiku claims victory
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, says since 1993 when he began gunning for the…
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SPORTAINMENT
Barca eye third consecutive UWCL final
Barcelona women’s team are confident of achieving their goal of reaching a third consecutive Champions League final when they host…
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POLITICS
LP dissociates self from letter seeking withdrawal of Obi’s cases against Tinubu
The Labour Party has dissociated from a viral letter signed by the self-acclaimed factional national chairman of the party,…
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ASSETS & FINANCIALS
Exiting foreign investment shrinks ETF by 67 per cent in three years
• Exchange hints on four new potential ETFs listings Waning foreign investors’ participation, which has resulted in foreign portfolio…
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ASSETS & FINANCIALS
Diaspora Nigerians remitted $168bn in eight years – World Bank report
The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports…
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OIL & GAS
Ongoing AKK pipeline construction gulped $1.1bn – NNPCL
The Nigerian National Petroleum Company Limited has so far spent $1.1bn on the construction of the $2.8bn Ajaokuta-Kaduna-Kano gas pipeline…
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NEWS LENS
Court stops NCAA from issuing AOC to Nigeria Air
A Federal High Court sitting in Lagos has restrained the Director General of Nigeria Civil Aviation Authority, Captain Nuhu…
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NEWS LENS
Eight states got zero investment in four years – Report
At least eight states failed to attract any foreign investments but piled up N194.09bn debt between 2019 and 2022, according…
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OIL & GAS
Nigeria lost N2.3tn revenue to oil theft in 12 months — IOC
Nigeria has lost an opportunity to produce and sell about 65,700,000 barrels of oil in the last one year due…
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NEWS LENS
Approval Of $3.1 billion e-Customs project stirs fresh controversy
Notwithstanding a subsisting court order, the Federal Executive Council (FEC) has approved the E-Customs Modernisation project worth $3.1 billion, leaving…
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ASSETS & FINANCIALS
Eight banks rake in N225bn from e-banking fees
Eight banks made N224.69bn from electronic banking fees as cashless transactions rose to N395.47tn in 2022. Data analysed from the…
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ASSETS & FINANCIALS
NBS to release new unemployment figures May
The National Bureau of Statistics has said it will release new unemployment and employment figures for the country by May…
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NEWS LENS
Clearing agents, maritime workers clash over freight charges
A proposed increase in freight charges has caused conflict between members of the Maritime Workers Union of Nigeria and clearing…
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NEWS LENS
FEC okays N142bn e-Customs project
The Federal Government, on Wednesday, in Abuja, approved an e-Customs modernisation project worth at least N142.24bn amid reports of…
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ASSETS & FINANCIALS
Nigeria not defaulting in China debt repayment, DMO claims
The Debt Management Office (DMO) has described as false, a report claiming that Nigeria is defaulting on Chinese loan repayment…
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