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OIL & GAS
Petrol subsidy may gulp N2tn this year –Rainoil boss
Nigeria may end up spending N2tn on petrol subsidy this year if the current situation persists, the Group Managing Director,…
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ASSETS & FINANCIALS
External reserves gain $280m in two weeks
The country’s external reserves have returned to a growth path with a gain of $280m in two weeks, the latest…
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ASSETS & FINANCIALS
Nigeria’s loans from World Bank, AfDB rise to $14.35bn under Buhari
Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June 30, 2015…
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ASSETS & FINANCIALS
Nigerians spend N1.77tn on national calls, SMS
Nigerians spent about N1.77tn on national calls and short messages in 2020. This is according to the analysis of data…
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OIL & GAS
Petrol consumption jumps by 340 million litres in one month
Petrol consumption in Nigeria leaped by 340 million litres within a space of one month, figures released by the Nigerian…
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ASSETS & FINANCIALS
Estate surveyors reject Fashola’s monthly house rent proposal
The Nigerian Institution of Estate Surveyors and Valuers have rejected the monthly house rent proposal of the Minister of Works…
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NEWS LENS
CBN ban on Forex to BDCs: High Inflation, Chaos, Woes Loom Across Sectors
* Prices of petroleum products, other imports will increase – Experts * Manufacturers, shippers anticipate scarcity, forex hike By Kenneth…
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WOMAN OF FORTUNE
Omolistic Omolola
Miss Omolola Amusa is a Senior Manager, Corporate and Strategic Communications at Nigerian Ports Authority (NPA). She was a Personal…
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MARKET UPDATE
ECONOMY: Capital Importation Falls to USD875.62 Mn in Q2 2021; MPC Stops Dollar Sales to BDCs…
CWR, Cowry Weekly Financial Market Review Outlook Friday, July 30, 2021
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ON THE SPOT MANAGER
Can Local Content Solve Nigeria’s War Risk Problem?
Maritime stakeholders have been unsettled over the years with the unwarranted high war risk surcharge on Nigeria-bound cargo by the…
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PERISCOPE
POF: CRFFN Sparks Mixed Reactions Among Freight Agents
By Yusuf Odejobi In recent years, the freight forwarding sector in Nigeria has been in a warzone over the collection…
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BEARS & BULLS
BEARS: Lagos Beggars
The streets of Lagos have become characterized by beggars of various classes, age groups and ethnicity. The most appalling, however,…
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BEARS & BULLS
BULLS: Good Samaritan Policeman
A good samaritan yet Nigerian Police officer was spotted by our correspondence helping an old lady cross the busy Apapa/…
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I CARE INTERVIEW
How Plane Crash Earned NIMASA GMDSS Approval – Jamoh
By Kenneth Jukpor Recently, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh held…
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SHIPPERS GUIDE
Steps To Manage Mental Health As Cabin Crew
Shippers Guide is the learning page of MMS Plus. Here we answer the five W’s and H of several issues…
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OIL & GAS
‘Future of oil exploration still bright amid energy transition’
The Nigerian Association of Petroleum Explorationists (NAPE) has expressed confidence that the future of oil and gas exploration is bright…
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ASSETS & FINANCIALS
We’ll Source For Forex Independently, Say BDCs
The Association of Bureaux De Change Operators of Nigeria has assured members of the public that Bureaux De Change operators…
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OIL & GAS
Grid Collapse: TCN In Four-Hour Power Restoration Battle
Power generation on the national grid collapsed to as low as 10 megawatts on Wednesday afternoon, but rose to 4,123.8MW…
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ASSETS & FINANCIALS
Banks’ CEOs Summon Emergency Meeting Over BDCs’ Forex Ban
Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex directive…
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OIL & GAS
Poor oil investments’ll adversely affect Nigeria, OPEC warns
Investing poorly in the oil and gas industry will have a heavy adverse impact on Nigeria and other oil-producing developing…
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