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OIL & GAS
Oil Theft: Navy, EFCC Hands Over Vessels, Crew
In the spirit of interagency cooperation, the Nigerian Navy and the Economic and Financial Crimes Commission (EFCC) have said they were…
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NEWS LENS
Nigeria to Collaborate With Belgium on Port Development
Managing Director of the Nigerian Ports Authority, Mohammed Bello-Koko has said that Nigeria is willing to collaborate with the government…
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NEWS LENS
Plans Under Way By FG To Float Mass Transit Scheme
The Federal Government has disclosed of plans to deploy a sustainable mass transit system capable of serving all Nigerians. The…
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NEWS LENS
How APMT Sabotages New Scanning Machine As NAGAFF Threatens Service Withdrawal
By Frank Odinukaeze The deployment of scanners at the Lagos Port Complex, Apapa has suffered set back following sharp practices of…
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NEWS LENS
National carrier: Domestic airlines reject Nigeria, Ethiopia partnership
Domestic airlines under the aegis of the Air Operators of Nigeria have expressed concerns over the proposed partnership between the…
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ASSETS & FINANCIALS
Telcos fume as FG orders tariff hike reversal
The Federal Government has ordered telecommunication companies to reverse their recent 10 per cent hike in calls and data prices.…
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OIL & GAS
Peterside knocks NNPC over waste, poor business model
Entrepreneur, and founder of Stanbic IBTC Bank Plc, Atedo Peterside, has taken a swipe at state oil firm, NNPC Limited,…
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ASSETS & FINANCIALS
FG records N5.33tn deficit in eight months
…meets 64% revenue target of N6.65tn Amid Nigeria’s tight fiscal space, the Federal Government has recorded a deficit of…
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NEWS LENS
Buhari to inaugurate Pinnacle’s $1bn terminal at LFTZ
The President Major General Muhammadu Buhari (retd), will on Saturday, inaugurate the over $1bn products terminal belonging to Pinnacle…
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OIL & GAS
More IOCs to divest, job losses loom – FG
More international oil companies operating in Nigeria are going to divest from onshore oil and gas assets due to…
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NEWS LENS
Zenith Bank founded during 1990s brain drain – Founder
The founder of Zenith Bank, Mr Jim Ovia, on Tuesday, said the rate of brain drain in Nigeria was…
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NEWS LENS
NAMA to upgrade TRACON, others with N36bn
The Nigerian Airspace Management Agency, during an interactive session with journalists in Lagos, unveiled plans to upgrade major facilities with…
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NEWS LENS
FG budgets N30bn for Nigeria Air, new projects
The Federal Government has earmarked the sum of N29.87bn as working capital for the proposed national carrier – Nigeria…
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POLITICS
Senators, Reps face probe over illegal budget passage
The House of Representatives’ Committee on Public Accounts has confirmed the allegation by the President, Major General Muhammadu Buhari (retd.),…
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OIL & GAS
OPEC decision on oil production cut, unanimous – FG
The Federal Government on Tuesday said the decision by the Organisation of Petroleum Exporting Countries to cut two million barrels…
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POLITICS
Lagos PDP kicks over Wike’s endorsement of Sanwo-Olu
The Peoples Democratic Party, Lagos State chapter, has condemned the endorsement of Governor Babajide Sanwo-Olu by his Rivers…
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ASSETS & FINANCIALS
Naira may devalue by 20% in 2023- BoA
Nigeria’s local currency unit is set to weaken further next year as its current exchange rate to the dollar is…
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ASSETS & FINANCIALS
Inflation hits 20.77%, food supply, FX crises worsen
…NACCIMA, NECA fume, economists forecast worse days Nigeria’s Inflation hit a new high of 20.77 per cent in September as…
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ASSETS & FINANCIALS
Nigeria’s debt risky, unsustainable –Report
An Abuja-based policy think tank, Agora Policy, has said Nigeria’s debt is unsustainable and puts the country in a…
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OIL & GAS
NLNG shuts operations over flooding, gas scarcity looms
The Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a…
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