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A potential large collective production cut among oil producers, led by Saudi Arabia and Russia, to alleviate a price collapse triggered by the coronavirus outbreak saw Brent crude rallied more than 30 percent, ...
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Access Bank Plc, is at the forefront of the interventions deployed to fight the COVID-19 pandemic by big players in the private sector. The Bank played a major role in...
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The Central Bank of Nigeria(CBN) on Monday suspended indefinitely, the clearing of cheques instruments in the Nigerian clearing system, The Punch reports. The apex bank disclosed in a circular released...
Read moreThe Central Bank of Nigeria (CBN) has disclosed the guidelines that must be followed by individuals and companies to access the N50 billion targeted credit facility for households and Small...
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United Bank For Africa(UBA) Announced Today That it Will Provide N5 billion(U$14 million) To COVID-19 Relief Support Across Africa The United Bank for Africa Plc(UBA), on Thursday announced a donation...
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The Nigerian National Petroleum Corporation(NNPC) has disclosed that it sold a total of 21.51 billion litres of petrol, worth N2.64 trillion from December 2018 to December 2019. The NNPC in...
Read moreThe Central Bank of Nigeria(CBN) has moved the FX sales rate to FPIs to N380.2/$, from N366.7/$, in a move that suggests a technical devaluation of the naira, information available...
Read moreThe Central Bank of Nigeria(CBN) on Wednesday announced a N1.1 trillion intervention fund to support critical sectors of the economy. The CBN Governor, Mr Godwin Emefiele, disclosed this in a...
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National Bureau of Statistics(NBS) has said the consumer price index, (CPI) which measures inflation increased by 12.20% (year-on-year) in February 2020, hitting a 21-month high. In its inflation report for...
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The Nigerian Electricity Regulatory Commission(NERC) has stated that Republics of Togo, Niger and Benin owe Nigeria a total of N29.97 billion for the electricity supplied to them from January to...
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By Samuel Adegoke The huge losses being suffered by airlines globally have forced major airlines such as British Airways to consider cutting jobs in the next one month should coronavirus...
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A specialized publication, Real Digest (Real Estate Analysis and Literary Digest), focusing on the real estate sector in Oyo State has debuted in the Ibadan, the state capital. The monthly...
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Nigerian billionaire and Africa’s richest man, Aliko Dangote, on Wednesday lost more than N240 billion within five hours as the effect of the Coronavirus bit harder on the Stock Exchange....
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Fidelity Bank Plc has reaffirmed its readiness to assist women entrepreneurs in the country take their businesses to the next levels of growth by making available to them, low-cost intervention...
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The Dangote Subsea Gas Pipeline Project is expected to unlock significant gas supply for industrial activities and considerably reduce flaring in Nigeria. The pipeline project is part of Dangote’s multi-billion...
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