News
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ZENITH BANK GMD SEEKS EXPANSION OF NON-OIL EXPORTS POST COVID-19
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the…
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FEDERAL EXECUTIVE COUNCIL APPROVES N722.3M FOR FORENSIC AUDIT OF NDDC
The Federal Executive Council has approved N722.3million for eight field forensic auditors to audit theNiger Delta Development Commission (NDDC).The field…
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FG Targets 22 Non-oil Commodities for Export Promotion
Recently, the Nigeria Export Promotion Council (NEPC) disclosed that the FG has identified about 22 non-oil strategic products that will…
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We’re spending $6.15bn funding on power sector reform – Minister
The Federal Government has so far secured a total of $6.15bn (about N2.37tn) funding for the power sector and is…
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Nigeria generates N1.29 trillion from taxes in Q2 2020, surpasses target
The Federal Inland Revenue Service (FIRS), generated a sum of N1.29 trillion tax revenue in Q2 2020, N19.15 billion in…
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CBN asks banks to take over electricity bills collection from DisCos
In a circular dated August 21, Bello Hassan, CBN’s director of banking supervision,said taking over from electricity distribution conpanies will…
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Kyari Lists Parametres to Sustainable Growth in Nigeria Petroleum Industry
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation…
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CBN removes “third parties” from buying forex
The Central Bank of Nigeria has issued a circular removing buying agents/companies or any third parties from accessing its SMIS…
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Access Bank Signs $93.8m Syndicated Loan
Access Bank Plc, has announced the signing of a Subordinated Syndicated Loan Agreement worth $93.8 million with the Dutch development…
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Nigeria’s GDP Contracts by -6.10% YoY in Real Terms in Q2 2020 – NBS
Nigeria’s Gross Domestic Product (GDP) decreased by -6.10%(year-on-year) in real terms in the second quarter of 2020, ending the 3-year…
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