Economy and Business
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No Increase in Price of our Cement – BUA
BUA Cement Plc has stated that there is no increase in price of its Cement products. In a statement sent…
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Lotus Bank granted non-interest banking license by CBN
The Central Bank of Nigeria has granted a non-interest banking license to Lotus Bank. This was contained in a statement…
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AfDB launches $463.9m ‘Kangaroo’ Social Bond
The African Development Bank (AfDB) has initiated a 600-million-Australian-dollar (463.9-million-dollar) 5.5-year Kangaroo bond, marking its return to the Australian dollar…
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Nigerian Exchange Market indices up by 0.1%, as Unilever, PZ, Vitafoam make gains
The bullish run in the local bourse persisted on Thursday with the key market indicators increasing further by 0.10 per…
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CBN set to launch digital currency by end of 2021
The Central Bank of Nigeria (CBN) on Thursday in Lagos said that its digital currency might be launched by the…
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2021 Supplementary Budget: FG to borrow N722 Billion for Security
The Federal Executive Council (FEC) has approved a draft supplementary budget of N895 billion for the year 2021. Minister of…
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NEPC targets over $30bn revenue from non-oil exports by 2025
The Nigeria Export Promotion Council (NEPC) says with the implementation of One-State-One-Product (OSOP) initiative by the Federal Government, it will…
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Embrace digital currency now – Expert advises FG
The developer of First Bitcoin Automated Teller Machine (ATM) in Nigeria, Mr Adekunle Daniel, has urged the Federal Government to…
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Resuscitate Nigeria’s refineries to stimulate Economy – Okunrounmu
Financial expert, Dr Titus Okunrounmu, has urged the Nigerian Government to intensify efforts toward resuscitating the nation’s refineries to boost…
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OML 118 Dispute Resolution: Kyari’s Legendary Leadership & Nigeria’s Next Billion Barrels
BY MOMODU ABUTU Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world…
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Aero begins flight operations in Bauchi
The Aero Contractors Airline on Wednesday commenced commercial flight operations with Boeing 373-400 from the Sir Abubakar Tafawa Balewa International…
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Fidelity Bank Celebrates Children’s Day
Fidelity Bank remains committed to putting smiles on its customers’ faces by enriching their lives through its ongoing savings loyalty…
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Firstbank bags a hat trick of awards at the Global Banking and Finance Awards 2021
First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has been awarded the 2021 ‘’Retail Banking CEO…
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FG reviews Industrial Revolution Plan to reflect Economic realities
Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Monday disclosed that Nigeria’s Industrial Revolution Plan is being reviewed…
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Nigeria’s GDP grew by 0.5 percent as oil production rose in first quarter of 2021
The gross domestic product (GDP) of the country took a slight bump of 0.51 percent in the first quarter of…
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ASR Africa provides N5billion Health and Social Development grant to Akwa Ibom State
The Abdul Samad Rabiu Africa Initiative (ASR Africa) has provided a N5billion grant to the Akwa Ibom State Government targeted…
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Zenith Bank’s profit after Tax rises by 5% in Q1 2021
In a clear demonstration of its resilience, Zenith Bank Plc has announced its unaudited results for the first quarter ended…
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BUA, Lummus Technology sign contract for the construction of 285,000tpa Polypropylene unit
BUA, one of Africa’s largest conglomerates, has signed a contract to build a 285,000tonnes per annum Polypropylene Plant as part…
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NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January
The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country…
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BUA Refinery: President Macron lauds Abdul Samad Rabiu as BUA signs deal with Axens
The French President, Emmanuel Macron, has commended the Chairman of BUA Group, Abdul Samad Rabiu for his commitment to developing…
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