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Oil & Gas
Over $1.5bn spent on protecting Nigeria’s oil Installations —SGF
The Federal Government has said it has spent over $1.5 billion from 2020 to date to protect the nation’s oil…
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News
Oando Plc Announces the Approval of the Acquisition of 100% Shares of Nigerian Agip Oil Company
Oando Plc, Nigeria’s Indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange, is pleased…
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Finance & Economy
CBN MPC Raises MPR to 26.25%, As Inflation Jitters Persist
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised its monetary policy rate (MPR) for the fourth…
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Business
NACCIMA, others kick as CBN hikes interest rate to 26.75%
The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…
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Business
British American Tobacco’s Paid $110m Fine, FCCPC Discloses
The acting Executive Vice Chairman (EVC), Federal Competition and Consumer Protection Commission (FCCPC), Dr. Adamu Abdullahi, has confirmed that the…
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Finance & Economy
CIBN writes Senate, warns against windfall tax
Plans by the Federal Government to impose taxes on foreign exchange (FX) gains on banks may deter foreign investors and…
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News
Reps Ask NERC, DISCOs to revert to old tariff
The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) and Electricity Distribution Companies (DISCOs) to revert to…
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Finance & Economy
Investors Lost N68.49bn as NGXASI Declined by 0.12%; BDC Rate Appreciated to N1,583/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities Bearish sentiments prevailed again on the Nigerian bourse at the close of Wednesday’s…
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Brands
Banks Recapitalization Watch for the week ended July 19, 2024
This week, the NGX-Banking Index declined by 0.05% week on week (W-o-W) to close at 843.99. Among the Tier 1…
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Finance & Economy
Investors Lost N46.70bn as NGXASI Declined by 0.08%; BDC Rate Depreciated to N1,590/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market ended the day negative, reversing the gains seen on…
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