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ASSETS & FINANCIALS
Jimoh Ibrahim owes govt N70bn, we retain NICON, others – AMCON
The Asset Management Corporation of Nigeria has said that following a High Court order, it still remains in charge of…
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NEWS LENS
Airports concession will fail, legal tussle imminent – Labour
Aviation unions have said the Federal Government would not succeed in its plan to concession Nigeria’s four major airports in…
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ASSETS & FINANCIALS
Stock market hits four-month high, investors gain N65bn
Equity investors in the Nigerian Exchange Limited gained N64.93bn on Thursday as the NGX All-Share Index rose by 0.32 per…
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ASSETS & FINANCIALS
MDAs couldn’t account for N4.97tn in 2019, says auditor-general
Auditor General of the Federation, Adolphus Aghughu, says ministries, departments and agencies of the Federal Government failed to account for…
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ASSETS & FINANCIALS
FEC approves N658m for sniffer dogs, education, others N21bn
The Federal Executive Council on Wednesday approved N21,107,212,510, for various projects in the education and aviation ministries as well…
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OIL & GAS
Nigeria has reduced oil production cost –Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude…
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NEWS LENS
Makinde promises to upgrade Ibadan airport to international standard
• Governor sends N50 billion supplementary budget to Assembly• House approves N6 billion loan request to bridge the infrastructure deficit• Moves…
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ASSETS & FINANCIALS
Naira abusers risk six months in jail as CBN gives fresh warning
The Central bank of Nigeria has warned that that abusers of the naira at social events risk imprisonment or an…
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OIL & GAS
Itsekiri graduates bemoan casualisation by Chevron, threaten shutdown
The National Association of Itsekiri Graduates Worldwide has threatened to shut down all operations of Chevron Nigeria Limited in Itsekiri…
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ASSETS & FINANCIALS
FG owes CBN N15.51tn, borrows N14.86tn under Buhari
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to N15.51tn,…
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ASSETS & FINANCIALS
MTN Appoints New Female Group Executive
The MTN Group has announced the appointment of Troopti Desai as the Group Executive, Tax. According to a statement by…
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ASSETS & FINANCIALS
World Bank, partners create new global fund for cybersecurity
The World Bank has partnered with four countries (Estonia, Japan, Germany, and the Netherlands) to establish a new global fund…
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NEWS LENS
Search for airports concessionaires begins, Kano chamber signifies interest
The Federal Government on Monday officially commenced the search for concessionaires to manage Nigeria’s four major airports in Abuja, Lagos,…
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ASSETS & FINANCIALS
Our debts will keep rising, revenues declining
The Federal Government has said it plans to borrow more to fund its budget for 2022, while it will spend…
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NEWS LENS
Nigeria’s subsidised petrol smuggled as far as Mali, say Customs
The Nigeria Customs Service has said Premium Motor Spirit, popularly known as petrol, is being smuggled out of Nigeria in…
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ASSETS & FINANCIALS
Nigeria recorded $85.21bn net foreign liabilities – IMF
Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of December 2020, the International…
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FOTO BEACH
Confluence Logistics Aggregate Port Stakeholders For Safety Training
Confluence Logistics and Transport Consults Limited organized a novel training programme last week on safety of Port operations with terminal…
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MARKET UPDATE
ECONOMY: Improved Economic Activity Triggers Growth in VAT, CIT Collected by FG in Q2 2021…
CWR, Cowry Weekly Financial Market Review Outlook Friday, August 13, 2021
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PERISCOPE
Governors’ N380/Litre PMS Proposal And FG’s Rebuttal
Barely three months after the Federal Government turned down the recommendation by the Nigeria Governors’ Forum for an increase in…
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BEARS & BULLS
BULLS: MMS Gratitude
The management and staff of Kings Communications Limited, publishers of MMS Plus newspaper appreciates the support and timely intervention of…
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