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OIL & GAS
Gencos lose N1.66tn over non-payment for unused power
Power generation companies in Nigeria have said they suffered a loss of N1.66tn in seven years as a result of…
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ASSETS & FINANCIALS
CBN introduces N500m grant for undergraduates, graduates
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and…
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POLITICS
We don’t have democracy, people fear govt – Utomi
A political economist and former presidential candidate, Prof. Pat Utomi, has described the #EndSARS protests as an event marking the…
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OIL & GAS
Blocking funding for gas projects by DFIs worrisome – Osinbajo
Vice President Yemi Osinbajo has expressed concern over development finance institutions and some countries insisting that gas projects should be…
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POLITICS
APC mulls consensus arrangement, Osinbajo, Tinubu to meet
There are strong indications that the All Progressives Congress may adopt consensus arrangement to pick its presidential candidate in 2023.…
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ON THE SPOT MANAGER
Has Nigeria Wasted Resources On Maritime Surveillance?
Nigerian Navy, Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Ports Authority (NPA) all have maritime surveillance infrastructure that…
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POLITICS
PDP consensus arrangement suffers setback in South-East
The arrangement by the South-East stakeholders of the Peoples Democratic Party to produce a consensus candidate for the position of…
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ASSETS & FINANCIALS
Profit-taking in large-cap stocks triggers N153bn loss
The equities market of the Nigerian Exchange Limited lost N153.15bn at the end of trading on Monday as investors took…
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ASSETS & FINANCIALS
Nigeria producing $18bn cassava, missing in global market – FG
Nigeria produces 45 million metric tonnes of cassava, estimated at about $18bn annually but is not an active player in…
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POLITICS
Kanu’s lawyer opposes FG’s application for time extension
Counsel to Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), Mr. Aloy Ejimakor has opposed the…
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ASSETS & FINANCIALS
FG budgets N104bn to maintain, purchase generators in 2022
Ministries, Departments and Agencies of the Federal Government will in 2022 spend an estimated N104bn on purchasing generators, fuelling and…
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OIL & GAS
FG scraps DPR, PPPRA, PEF, sacks CEOs, inaugurates new agencies
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped…
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NEWS LENS
CG Ali, DG NAFDAC To Lead Discourse On Proposed Excise Duty On Beverages
As the Federal Government concludes plans to have Nigeria customs begin collection of excise duties on some products such as…
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ASSETS & FINANCIALS
FG personnel cost rises by 79.48%, gulps N13.2tn in four years
The amount budgeted for personnel costs has increased from N2.29tn spent in 2019 to N4.11tn in the proposed 2022 budget,…
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OIL & GAS
750,000MT supply gap, forex shoot cooking gas above N8,000
The price of 12.5kg of Liquefied Petroleum Gas, popularly called cooking gas, which was sold for N7,000 about a week…
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NEWS LENS
2021 National Council Elections: Crisis Rocks CILT Over Alleged Succession Conspiracy
· Elections may not hold · Alban drags Usoro, Jibril, Board members to court The over two years simmering crisis…
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MARKET UPDATE
ECONOMY: CBN Hints on Floating the Naira as September Inflation Rate Eases to 16.63%…
CWR, Cowry Weekly Financial Market Review Outlook Friday, October 15, 2021
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BULLS: Tribute to Ubong!
A full page tribute was dedicated to honour the late Dr. Ubong King in the brochure of the Maritime…
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BEARS & BULLS
BEARS: Bola Muse Goofs
MMS Plus observed an unsportsmanlike conduct by the immediate-past President of WIMA-Nigeria, Hajia Bola Muse during the last elections which…
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WOMAN OF FORTUNE
Dazzling Damilola
Damilola Olokesusi is the co-founder and CEO of Shuttlers Logistics Company, a Lagos-based startup that uses web and mobile app…
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