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ASSETS & FINANCIALS
Inflation May Drop To 27% By December – Report
Nigeria’s inflation rate is projected to decline to 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC…
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OIL & GAS
Dangote Refinery Builds Eight More Tanks For Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.…
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NEWS LENS
Grimaldi Commences First Direct Shipping Service From China
Grimaldi Group has commenced its first direct shipping service connecting Shanghai, China, to Lagos, Nigeria. The shipping firm said the…
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ASSETS & FINANCIALS
MTNN, Transcorp Lead As investors Gain N507bn
Investors on the Nigerian Exchange gained N507bn at the close of trading on Wednesday, as the market capitalisation surged to…
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NEWS LENS
Customs Deploy IT For Transparent Recruitment Process
The Nigeria Customs Service will be deploying an information technology strategy to ensure transparency in its ongoing recruitment processes, media…
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ASSETS & FINANCIALS
Tony Elumelu Foundation Opens Entries For 2025 Entrepreneurship Programmes
The Tony Elumelu Foundation has announced the opening of its 2025 Entrepreneurship Programmes applications. This was contained in a statement…
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OIL & GAS
Oil Firms, Dangote Sign Deal For Affordable Petrol Supply
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium…
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NEWS LENS
Maritime Workers, Terminal Operator Trade Blame Over Accident
The Maritime Workers Union of Nigeria and Five Star Logistics Terminal, located at the Tincan Island Port in Lagos, have…
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ASSETS & FINANCIALS
Naira Weakens To 1,541/$
The Nigerian naira weakened to N1,541.36/$ on the first day of trading in the New Year. According to the NFEM…
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OIL & GAS
NNPCL, States Differ As N’East Oil Exploration Remains In Limbo
The Nigerian National Petroleum Company Limited and officials of the Gombe and Bauchi state governments have expressed divergent views over…
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ASSETS & FINANCIALS
Ministry Inaugurates N250bn Real Estate Investment Fund
The Federal Government through its finance ministry, has inaugurated the N250bn Ministry of Finance Incorporated Real Estate Investment Fund aimed…
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ASSETS & FINANCIALS
New Withholding Tax Policy Begins
The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax system.…
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ASSETS & FINANCIALS
Naira Tumbled 41% In 2024, Defies CBN’s Forex Reforms
The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, an analysis of…
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OIL & GAS
New Refineries: NNPCL May Cut Crude Supply To Dangote Plant
The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation…
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NEWS LENS
NCS Intercepts 2,000 Bags Of Rice, 844 Rifles
The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja said it intercepted about seven trucks carrying over 2,000 bags…
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ASSETS & FINANCIALS
W’Bank Suspends Loan Fees For Poor Nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The…
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ASSETS & FINANCIALS
CBN Disqualifies 41.65m Shares In Access Holdings Rights Issue
The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings Plc’s recently concluded rights issue.…
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ASSETS & FINANCIALS
PZ Cussons Records N15bn Loss In H1
PZ Cussons Nigeria Plc has reported an exchange loss of N15.15bn, which marks an improvement compared to the N87.08bn exchange…
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NEWS LENS
Ikeja Customs Record 707 Seizures Worth N18bn – Official
The Nigeria Customs Service, Federal Operations Unit, Zone A Ikeja, said it recorded 707 seizures of different contrabands with a…
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ASSETS & FINANCIALS
FG Gives Banks, Telcos Six-Month Ultimatum On N250bn USSD Debt
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a final directive to Deposit Money Banks and…
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