News
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NASS okays extension of 2023 Budget/Supplementary
Their life span was first extended to March 31, 2024 and later to June 30, 2024. Senate President Godswill Akpabio…
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Revenue Commission seeks financial autonomy
Members of the Revenue Mobilisation Allocation and Fiscal Commission, (RMAFC) have called on stakeholders to support the organisation’s quest for financial…
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ICYM: Dangote refinery: Crude supply crisis threatens oil investments, operators warn FGICYM
The domestic crude oil supply crisis that recently led to accusations and denials in the oil sector may warrant an…
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Oil Refiners Back Dangote, Decry IOCs’ Refusal to Sell Crude to Local Refineries
The Crude Oil Refineries Association of Nigeria (CORAN) has backed Dangote Oil Refinery and Petrochemicals Limited on its recent allegation…
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NERC threatens to sanction DisCos over meter migration deadline
Nigerian Electricity Regulatory Commission has threatened to sanction distribution companies that failed to complete the migration of Token Identifier of…
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Rising Domestic Debt Service Stirs Stakeholder Concern
The Federal Government of Nigeria’s (FGN) public debt profile has continued to shoot upward as its domestic debt service increased…
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US banks suffer steeper losses, but retain large cushions in annual Fed health check
– The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual…
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Minimum Wage: Governors’ emergency meeting kicks off in Abuja
An emergency meeting of governors of the 36 states of the federation has kicked off in Abuja. The meeting is…
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NGX Group Launches Digital Web Application (NGX Invest) for Public Offers and Rights Issues
Nigerian Exchange Group Plc (NGX) announced the launch of NGX Invest, a cutting-edge web application designed to transform the primary market…
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Investors Gained N94.95bn as NGXASI Advanced by 0.17%; BDC Rate Depreciated to N1,488/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The domestic market recouped parts of its three-session decline on renewed buying interests in FBNH (+2.99%), ZENITH (+1.42%), FLOURMILL (+1.18%), DANGSUGAR…
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