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ASSETS & FINANCIALS
CBN dismisses report of stopping overseas school fees, Form A withdrawal
The Central Bank of Nigeria (CBN) has dismissed media reports that it will withdraw ‘Form A’ discounted foreign exchange (FX)…
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OIL & GAS
FG’s autogas plan stalls amid costly diesel, poor planning
• Failure frustrates conversion scheme from diesel to CNG, petrol engines• FG explains progress despite low enrollment• We can’t afford…
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OIL & GAS
House grills NNPC officials over $49m refineries contract
The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria, on Thursday, faulted a $49m…
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POLITICS
Aggrieved N’Assembly members plan showdown with govs over lost tickets
National Assembly members, who failed to win their parties’ tickets for the 2023 elections, are set for a showdown with…
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NEWS LENS
Saraki Tours NIMASA Facilities,Urges Inter-agencies’ Synergy
The Minister of State for Transportation, Senator Gbemisola Ruqayyah Saraki has embarked on a tour of facilities and assets of the Nigerian Maritime…
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OIL & GAS
We’ll use Nigeria’s vast gas resources as transition fuel – NNPC
The Nigerian National Petroleum Company Limited has said it would use the vast gas resources across the country as a…
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ASSETS & FINANCIALS
MAN, LCCI, economists counter Buhari’s claim on economy
The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and economists on Wednesday countered the claim made…
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OIL & GAS
Fuel scarcity: Marketers rally against NNPC’s monopoly
Oil marketers have urged the Federal Government to put an end to the monopolistic privilege enjoyed by the Nigerian National…
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POLITICS
20 senators set to dump APC, party’s majority under threat
The majority control of the All Progressives Congress in the Senate is currently under threat as no fewer than 20…
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NEWS LENS
NAGAFF 100% Compliance Team Dis Owns 11 Members In NDLEA Cell
By Frank Odinukaeze The National Association of Government Approved Freight Forwarders NAGAFF,has dissociated itself from eleven of its members…
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OIL & GAS
Despite N4tr subsidy, empty depots trigger new charges, petrol scarcity
• Fuel scarcity gets messier as depots run out of stock• Independent marketers push for hike, sell at N180-N200/litre• Northern…
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ASSETS & FINANCIALS
Why Emefiele was not sacked as CBN governor – Buhari
Nigeria President Muhammadu Buhari said the presidential bid of Godwin Emefiele did not affect his role Central Bank of…
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POLITICS
Statutory delegates: Reps’ move to override Buhari suffers setback
A move for the House of Representatives to override the President, Major General Muhammadu Buhari (retd.), on Section 84…
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OIL & GAS
Nigeria rallies support for $13bn Trans-Saharan gas pipeline
Several European countries asking us for gas supply, says FG The Federal Government on Monday charged all parties –…
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ASSETS & FINANCIALS
Bauchi uncovers 6,418 ghost workers, saves N1bn monthly
Bauchi State government says that it has removed no fewer than 6,418 ghost workers from its payroll since the inception…
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NEWS LENS
TinCan port reflects decades of neglect – FG
The Minister of State for Transportation, Gbemisola Saraki, has said that the state of TinCan Island seaport has shown decades…
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ASSETS & FINANCIALS
Nigerians defy CBN’s ban, double Bitcoin transactions in May – Paxful
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the…
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NEWS LENS
Nigerian airlines, others to lose $700m in 2022 – IATA
The International Air Transport Association has said that Nigerian airlines and others across Africa will lose $700 million in 2022…
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OIL & GAS
Scarcity hits Lagos, Abuja, fuel sells N180/litre as NNPC cuts supplies
Fuel queues hit major cities of Lagos, Abuja and Ogun on Monday, forcing motorists to spend hours at filling stations.…
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OIL & GAS
FG orders DisCos to resume free metre distribution
…45 local metre manufacturers jostle for FG’s contract The Federal Government has given instructions to electricity distribution companies to resume…
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