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OIL & GAS
N556bn crude oil lost to vandalism, others in three months – NNPC report
Nigeria lost crude oil valued at about N556bn between August and October this year due to pipeline vandalism, community interferences,…
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SPORTAINMENT
AFCON: Iheanacho, Ndidi to join Eagles Jan 3
Super Eagles duo Kelechi Iheanacho and Wilfred Ndidi will join the Eagles camp on January 3, Leicester City coach Brendan…
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NEWS LENS
Arik sacks pilots for embarking on strike
Arik Air has dismissed some of its pilots for embarking on a strike. The airline described as gross act of…
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OIL & GAS
Darkness looms as six power plants halt operations over gas shortage
Six power plants under the management of the Niger Delta Power Holding Company have stopped operations due to a breach…
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OIL & GAS
Lagos pipeline explosion will not disrupt supply, says NNPC
The Nigerian National Petroleum Company Ltd. has said Friday’s pipeline fire in Iyana-Odo/Baruwa axis of Lagos State will not disrupt…
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ASSETS & FINANCIALS
FG’s 2022 budget will be difficult to fund – CPPE
The Centre for Promotion of Private Enterprise has said that the Federal Government’s N17.1trn budget for next year will be…
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OIL & GAS
Petrol subsidy rises, hits N1.16tn in 11 months
• NNPC’s remittances to FAAC fall by N1.78tn The amount spent on subsidising Premium Motor Spirit, popularly called petrol, rose…
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POLITICS
Wake up, tackle insecurity or resign, PDP Reps tell Buhari
Members of the Peoples Democratic Party caucus in the House of Representatives have said Nigeria has been seized by kidnappers,…
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SPORTAINMENT
NFF met Mourinho for Eagles job – Pinnick
Nigeria Football Federation boss Amaju Pinnick says the federation held talks with Roma manager Jose Mourinho in its search for…
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POLITICS
Electoral Act amendment bill: Senate backs down on overriding Buhari, refers bill to constituents
• Buhari rejected bill in order to rig 2023 poll, APC plans to manipulate results – PDP THE Senate on…
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ASSETS & FINANCIALS
Experts knock lawmakers as Reps raise budget to N17.12tn
The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates of the Federal Government’s budget…
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OIL & GAS
Reverse power sector privatisation, electricity workers tell FG
The National Union of Electricity Employees, on Tuesday, called on the Federal Government to reverse the privatisation of the power…
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ASSETS & FINANCIALS
Nigeria loses N499.32bn as Twitter ban hits 200 days
Nigeria’s economy has lost N499.32bn to the shutdown of Twitter since it came into effect on June 4, 2021. On…
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POLITICS
Electoral Act Amendment bill: Senators threaten to override Buhari, govs back President
A large number of senators have vowed to override the veto of the President, Major General Muhammadu Buhari (retd.), on…
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ASSETS & FINANCIALS
Customers groan as cash-strapped banks slash withdrawal limits
Amid a surge in demand for more cash by bank customers as the Yuletide season approaches, some Deposit Money Banks…
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OIL & GAS
6.3 million customers still unmetered despite mass meter deployment – NERC report
NERC Chairman, Sanusi Garba The Nigerian Electricity Regulatory Commission has put the number of unmetered power users across the country…
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OIL & GAS
Nine hydropower projects to add 2,672MW to national grid – FG
The Federal Government has outlined nine completed and ongoing hydropower projects being prepared to add 2,672 megawatts of electricity to…
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ASSETS & FINANCIALS
PFAs recapitalisation: Four firms begin merger talks, GTCO acquires player
No fewer than four Pension Fund Administrators may go into merger and acquisition ahead of the April 2022 deadline stipulated…
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POLITICS
Buhari’s decision on electoral bill to be known when National Assembly resumes – Presidency
The Presidency has said the decision of the President, Major General Muhammadu Buhari (retd.), on the Electoral Act 2010 (Amendment)…
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ASSETS & FINANCIALS
Chinese loan rises by $330m in one year, hits $3.59bn on 15 projects
Nigeria’s debt to China increased from $3.26bn as of September 30, 2020, to $3.59bn as of September 30, 2021, showing…
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