News
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CBN releases $500 million to clear more verified Forex liabilities
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its…
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Exchange rate volatility may affect debt servicing in 2024- PwC report
A new report from Price Waters and Coopers (PwC) has revealed that Nigeria may face challenges with its debt servicing…
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FCMB reports gross earnings of N516.8 billion in 2023
FCMB Group Plc has released its unaudited annual report and financial statements for FY 2023. The group recorded gross earnings…
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World Bank to restructure $200 million project in Nigeria over poor performance
The World Bank has announced plans to restructure the Innovation Development and Effectiveness in the Acquisition of Skills (IDEAS) Project…
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Dangote Cement Hits N11trn Market CAP; Airtel, MTN, UBA, Access Holdings and 7 Others Retain Over N1trn Market CAP Mark as of January 25th 2024
Based on data available from the Nigerian Exchange, the number of quoted companies with over N1trn market capitalisation stood at…
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Initial Comments on NNPCL’s 2022 Audited Accounts
By Waziri Adio NNPC Limited, Nigeria’s national oil company, released its 2022 audited financial statement late Thursday. The audited statement…
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Oil theft: Reps urges urgent review of surveillance, security measures
The Chairman of the House of Representatives Special Committee on Oil Theft/Losses, Hon. Alhassan Ado-Doguwa, has called for an urgent…
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Customs moves to reduce cargo release time at seaports, borders
The Nigeria Customs Service (NCS) has planned to launch a Time Release Study (TRS) as part of efforts to optimise…
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NPA, NCS to Deepen Collaboration to Drive Exports, Trade Facilitation
The Nigerian Ports Authority (NPA) and the Nigeria Customs Service (NCS) have pledge to work together to deepen trade facilitation…
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Kano-Lagos Express Train Services Commences Soon – NRC
The Nigerian Railway Corporation (NRC) has announced that express services will soon commence on the Kano-Lagos narrow gauge. The disclosure…
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