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OIL & GAS
Nigeria lost N53.26bn to gas flaring in two months – NNPC
Nigeria lost an estimated N53.26bn in the first two months of this year as international oil companies and local players…
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ASSETS & FINANCIALS
Reps panel recommends arrest warrants on Emefiele, Kyari, others
The Committee on Public Accounts has prayed the House of Representatives to issue warrants of arrest on Governor of the…
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NEWS LENS
Profits Of Container-Shipping Line May Hit $100b
The latest edition of Drewry’s Container Forecaster predicts that carriers will report earnings before interest and taxes (EBIT) of $80…
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OIL & GAS
OPEC Agreement: Nigeria To Raise Oil Production
Nigeria is to ramp up crude oil production following the agreement reached by members and allies of the Organisation of…
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OIL & GAS
Port Harcourt refinery’ll deliver refined products September 2022 – NNPC
The $1.5bn rehabilitation of the Port Harcourt Refining Company has commenced in full and part of the facility will start…
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NEWS LENS
We’re Not In A Hurry To Transmit PIB To Buhari, Says National Assembly
The Director of Information in the National Assembly, Mr Rawlings Agada, has explained that the federal parliament will not transmit…
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OIL & GAS
Power Generation Falls Below 4,000MW Amid Gas, Trasmission Problems
Power generation in Nigeria dropped below the 4,000 megawatts mark on Tuesday amid the Eid-el-Kabir celebration. The total generation in…
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POLITICS
Intrigues, Suspense As APC Plans National Convention
Intrigue,Suspense. These features becloud the much-awaited conduct of ward congresses by the ruling All Progressive Congress (APC). The exercise is…
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POLITICS
NCC Facilitated E-Transmission In 2019, Officials Deserve Prosecution – Reps
The Peoples Democratic Party caucus in the House of Representatives has called for criminal investigation and prosecution of officials of…
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NEWS LENS
Tincan Island Port Occupants Dare NPA, LASG On Eviction
Occupants of Tin Can Island Container Complex have vowed to resist every move to evict them out of the port…
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ASSETS & FINANCIALS
Stock Trading Volume Jumps 189% As 22 Firms Gain
Twenty-two firms listed on the Nigeria Exchange Limited saw their share prices increase on Monday, with trading volume rising by…
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ASSETS & FINANCIALS
AMCON Recovers N1.4tn, Says 350 Chronic Debtors Owe N2.05tn
The Managing Director of the Assets Management Corporation of Nigeria, Ahmed Kuru, on Monday disclosed that so far, the corporation…
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OIL & GAS
Nigeria’s Sweet Crude Bullish At $75 Despite Oil Prices Crashing To $69
The decision by the Organisation of Oil Exporting Countries (OPEC) to pump 400,000 barrels per day of crude oil into…
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NEWS LENS
CG Customs Blacklists Operators, As Over taxation Boosts Customs Revenue
· Customs CG was never accessible to freight agents – NAFFAC, APFFLON · Dikko’s demise foiled plans to make corrupt…
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ASSETS & FINANCIALS
FG Plans N12.3bn Subsidy For Two Million Farmers
Over 2.2 million farmers are to receive about N12.3bn as agricultural subsidy from the Federal Government in coming weeks, it…
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NEWS LENS
New Technology, Export-Processing Zone To Ease Port Congestion
The deployment of new technologies to support the efficiency of an electronic call-up system otherwise known as ‘Eto’ has halted…
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NEWS LENS
Operators Seek Revival Of National Shipping Line As Nation Loses $45b In Five Years
Stakeholders in shipping operations have called for the revival of national shipping to harness the benefits thereof. The experts, who…
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POLITICS
High Drama In NASS Over Electronic Transmission Of Election Result
The passage of the 2021 electoral amendment bill, especially clause 52(3) by the National Assembly has continued to generate controversy…
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ASSETS & FINANCIALS
External Reserves Drop By $180m In Two Weeks
The country’s external reserves lost $180m in two weeks, the latest figures obtained from the Central Bank of Nigeria showed…
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ASSETS & FINANCIALS
Stock Market Sheds N24.5bn As 32 Firms Record Losses
The Nigerian stock market lost N24.49bn last week as 32 firms saw their share prices decline at the end of…
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