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NEWS LENS
Reps order probe of Navy’s $195.3m equipment contract to foreign firm
The House of Representatives has mandated its Committee on Navy to investigate whether the Deep Blue contract agreement is in…
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ASSETS & FINANCIALS
World Bank announces $93bn package for Nigeria, 73 others
The World Bank announced on Wednesday a $93bn replenishment package of the International Development Association to help 74 low-income countries…
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ASSETS & FINANCIALS
FG generated N86bn from TSA in 10 months – Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government generated N86bn through the Treasury…
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ASSETS & FINANCIALS
Establish grants for food security, Reps tell CBN, others
The House of Representatives has called on the Federal Ministry of Finance, Budget and National Planning, the Ministry of Agriculture…
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OIL & GAS
New five-year tax holiday’ll boost gas investments – FG
The Federal Government has said the new five-year tax holiday introduced by the Petroleum Industry Act for gas pipeline investors…
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POLITICS
‘7,000 Ayade’s aides must register in APC Jan 1 or risk sacking’
The All Progressives Congress in Cross River State has threatened to relieve 7,000 of Governor Ben Ayade’s appointees of their…
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POLITICS
Presidential bid: Tinubu meets northern alliance, says consultations ongoing
All Progressives Congress stalwart, Bola Tinubu, says he will not reject calls to contest for the Presidency in 2023. Tinubu…
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OIL & GAS
Nigeria’s oil production increases by 2.55 million barrels – OPEC
Crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021, the Organisation of…
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ASSETS & FINANCIALS
Reps approve fresh $5.8bn loan, $10m grant for FG
The House of Representatives, on Tuesday, approved external borrowings totaling $5,803,364,553.50 and a grant of $10,000,000 for the Federal Government…
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ASSETS & FINANCIALS
Nigeria’s debt rises by N2.54tn in three months, hits N38tn, says DMO
The Debt Management Office on Tuesday disclosed that Nigeria’s public debt was N38.005tn as of the end of the third…
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OIL & GAS
$235bn investments lost over delay in Petroleum Industry Act – Sylva
The Federal Government on Tuesday said Nigeria lost an estimated $235bn worth of investments in the oil and gas sector…
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ASSETS & FINANCIALS
Naira slides ahead of Yuletide, exchange for 570/dollar
The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators,…
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OIL & GAS
Amid Abuja fuel queues, NNPC says supply stock above two billion litres
The Nigerian National Petroleum Company Limited on Tuesday said it had enough Premium Motor Spirit, popularly called petrol, despite the…
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ASSETS & FINANCIALS
FG revenue falls by 52% amid rising spending – CBN report
The Federal Government recorded a fiscal deficit of N405.28bn in August, the Central Bank of Nigeria said in its economic…
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ASSETS & FINANCIALS
New taxes, tariffs may be imposed soon, declares FG
The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore…
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OIL & GAS
NNPC to halt rising cooking gas price, increases supply
The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Monday announced that NNPC was currently…
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POLITICS
3,125 killed, 2,703 abducted in 11 months, VIPs knock FG
No fewer than 3,125 innocent persons were killed and 2,703 abducted by bandits in northern Nigeria in the last 11…
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NEWS LENS
Extortion: PEBEC Ponders Severe Sanctions For Corrupt Officials At Lagos Airport
The Presidential Enabling Business Environment Council (PEBEC) has frowned at the activities of Ministries, Departments and Agencies (MDAs) operating at…
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FOTO BEACH
Many Women, One Statement – 4
The 2021 Class of MMS Woman of Fortune Hall of Fame induction ceremony has come and gone with memories of…
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BEARS & BULLS
BULLS: I’m an Agbero – Opeifa
Not too many people would identify themselves as an Agbero. The term is used to describe loosely organized gangs of…
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