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OIL & GAS
NMDPRA, CBN plan database for crude oil distribution
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, Central Bank of Nigeria and other relevant agencies are to establish reliable…
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ASSETS & FINANCIALS
FG projects 82% of revenue for debt servicing – Report
The International Monetary Fund says the Federal Government has projected to spend 82 per cent of its revenue on interest…
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ASSETS & FINANCIALS
CBN lacks solution to naira crisis – NECA
The Nigeria Employers’ Consultative Association has said the Central Bank of Nigeria does not understand the naira crisis challenges, pointing…
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ASSETS & FINANCIALS
Forex scarcity: SEC, NAIC to deepen commodities trading
The Securities and Exchange Commission on Sunday expressed its readiness to partner with the Nigerian Agricultural Insurance Corporation to deepen…
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ASSETS & FINANCIALS
FG to grant N5.5tn tax waivers in 2023
The Federal Government has budgeted N5.51tn for tax expenditures in 2023. This was according to the 2023 fiscal framework document…
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OIL & GAS
Abuja, Lagos queues ease, more stations receive fuel
The queues for Premium Motor Spirit, popularly called petrol, at filling stations in Abuja, Lagos and other states, cleared gradually…
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ASSETS & FINANCIALS
Jamaica to import vehicles from Nigeria
Jamaica has disclosed plans to source for vehicles from Innoson Vehicles Manufacturing in Nigeria. This plan was revealed by Jamaican…
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OIL & GAS
NLNG paid Buhari regime $5.3bn dividend — Report
The Federal Government has received about $5.28bn as dividends from the Nigeria Liquefied Natural Gas Limited under the regime of…
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NEWS LENS
Govt mulls logistics routes for trucks, articulated vehicles
The Lagos State government has said it is considering creating logistic routes for trucks and articulated vehicles as specified…
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ASSETS & FINANCIALS
Cash shortage exposes e-payment channels’ weakness, says ICAN
As Nigerians grapple with the reality of the new naira note policy, the Institute of Chartered Accountants of Nigeria says…
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NEWS LENS
FG blames Benin Republic for Nigeria’s low imports
The Nigeria Customs Service has said that the Benin Republic trade policy was hostile to Nigerian traders. The Customs Area…
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NEWS LENS
Truckers lament harsh business environment
Truckers operating in the country’s maritime industry have blamed the hostile business environment in Lagos State for the constant road…
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NEWS LENS
Lekki port will attract investments –LFZ
The Chief Executive Officer of the Lagos Free Zone, Dinesh Rathi, has said that the newly commissioned Lekki deep seaport…
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OIL & GAS
N195/litre impossible, adamant marketers tell govt
Oil marketers, on Wednesday, said the supply of Premium Motor Spirit, popularly called petrol, had not yet stabilise and this…
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ASSETS & FINANCIALS
Why Supreme Court paused ban on old naira notes —Ozekhome
A lawyer and Senior Advocate of Nigeria, Mike Ozekhome, has explained the judgement of the Supreme Court restraining the Federal…
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NEWS LENS
Nigeria, Gateway To African Blue Economy – Korean Envoy
The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong, says Nigeria is the gateway to unlocking…
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ASSETS & FINANCIALS
Sterling Bank waives transaction fees over naira scarcity
Sterling Bank says it has waived all personal account transaction fees as part of its gesture of solidarity for its…
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OIL & GAS
Fuel price to skyrocket as marketers threaten shutdown
The queues for Premium Motor Spirit, popularly called petrol, grew worse on Tuesday following an earlier directive to shut down…
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NEWS LENS
African airlines record fresh fall in cargo demand
African airlines have recorded a 1.4 per cent fall in cargo demand year-on-year, according to the International Air Transport Association’s…
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ASSETS & FINANCIALS
N613bn sukuk loan spent on roads, bridges – FG
The Federal Government has spent N612.56bn raised through Sovereign Sukuk between 2017 and 2021 for the construction and rehabilitation of…
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