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ASSETS & FINANCIALS
PoS transactions soar to N15tn in two years
Point of Sales transactions reached a N15tn mark in two years, according to data culled from the Nigeria Inter-Bank Settlement…
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OIL & GAS
NNPC, PTI to deploy anti-theft systems on pipelines
The Nigerian National Petroleum Company Limited and the Petroleum Training Institute are to install anti-theft integrated monitoring systems on…
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ASSETS & FINANCIALS
MTN to offer 365,000 smartphones through financing scheme
MTN Nigeria Communication Plc is set to enable 365,000 Nigerians with access to smartphones by 2023. The telecommunication firm is…
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NEWS LENS
Sanwo-Olu gets FG’s approval for $2.5bn Badagry seaport
Lagos State Governor, Mr Babajide Sanwo-Olu, has received approval to build the Badagry Deep Seaport which was approved by…
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ASSETS & FINANCIALS
World Bank, IMF to assess Nigeria’s debt sustainability
…lenders worry about petrol subsidy The President of the World Bank Group, David Malpass, has said that the bank will…
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OIL & GAS
We’ll speed up Nigeria’s industrialisation with gas – FG
The Federal Government on Tuesday night announced its readiness to use gas to fast track Nigeria’s industrialisation agenda. Minister…
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ASSETS & FINANCIALS
CBN risking financial instability with rate hikes — IMF
The International Monetary Fund has warned that Nigeria and other emerging economies risk financial stability by continuously raising benchmark interest…
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ASSETS & FINANCIALS
Corruption: W’Bank sanctions seven Nigerian firms, individuals
The World Bank has disclosed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year.…
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NEWS LENS
Our Priority In NIMASA Is Stakeholders- Jamoh
The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that stakeholders would continue…
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NEWS LENS
ICC Seeks Collaboration With Shippers’ Council To Aid Trade Facilitation
The International Chamber of Commerce (ICC) Nigeria has called for collaboration with Nigerian Shippers’ Council (NSC)to aid trade facilitation in…
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Nigeria Not Ready For Renewable Energy, Let’s Focus On LNG- Experts
By Genevieve Aningo Against the global community calls for nations to transit to renewable energy, greener shipping, technological innovations…
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NEWS LENS
Transport Minister To Speak As Maritime Art Exhibition Debuts
The African Continent is set to record a historical event with the debut of the African Maritime Art Exhibition (AMAE)…
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NEWS LENS
Stakeholders knock Ethiopian Airlines’ stake in Nigeria Air
Stakeholders have continued to condemn the recently announced stake of Ethiopian Airlines in Nigeria’s national carrier, Nigeria Air. The Federal…
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NEWS LENS
FG yet to secure 85% foreign railway loan
The Ministry of Transportation said it was yet to secure 85 per cent of the foreign loan component for Kaduna/Kano…
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NEWS LENS
FG approves Lekki-Epe airport, projects five million passengers
The Federal Government said on Monday that the Lekki-Epe international airport, upon completion, would cater for about five million air…
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NEWS LENS
FG Committed To Establishing Sustainable Infrastructure For Transport, Logistics -Sambo
By Frank Odinukaeze The Federal Government has declared its readiness to improve transport infrastructure to enhance sustainable transport and…
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OIL & GAS
Forex scarcity hits gas suppliers, price hike imminent
There are indications that gas prices will further rise and Nigerians may pay more as marketers have hinted that the…
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ASSETS & FINANCIALS
Nigeria’s non-oil export hits $2.6bn in six months – NEPC
The Chief Executive Officer, Nigerian Export Promotion Council, Dr. Ezra Yakusak, has said Nigeria’s non-oil export sector performance in…
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NEWS LENS
ValueJet begins operations in Nigeria
ValueJet Airline on Monday commenced commercial flight operations in Lagos. The airline made this known during its launch party in…
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OIL & GAS
NLNG’s $10bn Train-7 Project threatened over Daewoo shutdown
The scheduled completion of the Nigerian Liquefied Natural Gas Train-7 Project may be stalled, following the lingering labour dispute between…
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